For sale

FOR SALE – INVESTMENT PROJECT: 3 BUILDING PLOTS FOR 3 MODERN VILLAS WITH PRIVATE POOLS

€ 175,000

PLOT:

265 m2

Description:

FOR SALE – INVESTMENT PROJECT: 3 BUILDING PLOTS FOR 3 MODERN VILLAS WITH PRIVATE POOLS


For sale are three separate, fully prepared building plots, intended for the construction of three modern villas, each with its own private swimming pool.


The plots can be purchased individually for €175,000 each, or all three together as a complete investment project for €525,000.


PLOT AREAS


According to the project documentation:


 • Plot 1: 303.88 m²
 • Plot 2: 272.37 m²
 • Plot 3: 256.85 m²


Total area of all three plots: 833.10 m²


VILLA PROJECT


Each plot comes with a coordinated conceptual architectural design for a modern villa with a private swimming pool.


Planned area of each villa:


 • Ground floor: 56.56 m²
 • First floor: 74.66 m²
 • Roof terrace: 76.85 m²
 • Ground floor + first floor: 131.22 m² net living area
 • Total area including roof terrace: 208.07 m²


Each villa also features a private swimming pool of approximately 21.5 m².


For the complete development of three villas:


3 villas × 131.22 m² = 393.66 m² total net living area


plus a total of 230.55 m² of roof terraces and 3 private swimming pools.


INCLUDED IN THE PRICE OF EACH PLOT


The buyer is not simply purchasing land, but a substantially prepared development project:


 • land
 • completed retaining walls
 • levelled and compacted terrain
 • installed sewage infrastructure
 • bio-septic system
 • water connection brought to the plot
 • electricity connection brought to the plot
 • secured road access
 • Urban Technical Conditions (UTU)
 • coordinated conceptual architectural design
 • approval from the competent heritage/conservation authority
 • approval from the Chief Architect
 • one garage parking space per villa


Following the purchase, the investor essentially only needs to prepare the detailed/main construction project based on the existing approved conceptual design and pay the applicable municipal development fees before proceeding with construction.


INVESTMENT POTENTIAL


A particularly attractive option is the acquisition of all three plots as one complete investment project:


833.10 m² total land area
3 modern villas
393.66 m² total net living area
230.55 m² of roof terraces
3 private swimming pools


Price per individual plot: €175,000


Complete investment package – all 3 plots: €525,000


The key advantage of this investment is that the investor can avoid much of the most time-consuming and difficult preparation involved in property development in Montenegro: searching for suitable building land, subdivision, obtaining Urban Technical Conditions, coordinating the architectural concept, securing the necessary approvals and preparing the basic infrastructure.


Full documentation and conceptual architectural designs are available to serious buyers and investors.

 

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