Global Property Guide

Financial Information for the Residential Property Buyer

Building Plot Sutorina

Full Description

Permissions suggest that on this plot of 620 m2 a build density of 80% is allowed on 3 levels,  therefore a building of up to 500m2 could be erected. Even in these more dificult times, a prime location like this will sell for €2-4km2 (€2k for a basic build quality and a pessimistic view on sales, €4k a more realistic view but built to a luxury standard as a villa or luxury apartments). It's fairly easy to do the maths and see that this is a developers or self builders dream. Plots in this type of location come on the market seldomly.  Our sister company ntDesign.me is avalaible to give you ideas of pricing and designs.

Key Information

Property ID: 5412141
Location: Montenegro, Sutorina
Categories:
  • Land
  • Building Plot
Bedrooms: 0
Bathrooms: 0
Price:
  • £121,709
  • €135,000
  • $158,800
Short Description:

As the river mouth joins the Bay in Herceg Novi there is a great little plot of land which has a 1 story building on and is ideal for a small development.The plot is in the Detailed Urban Plan for Herceg Novi.