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Land for hotels and apartment buildings |
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Group of lands for hotels and apartment buildings, at Tivat bay, Kaluđerovina, at the most beautiful part of Boka Kotorska gulf, across the islands of Sveti Marko and Gospa od milosti.
Area: 7,000 sqm at the seashore, with 60 m wide beach and 7,000 sqm above the main road, at the hillock.
Price: 180 €/sqm
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Location: land is intersected by the main road Tivat – Radovići – Luštica. Infrastructure: electricity power, water, main road. Seashore is sandy and rocky, absolutely clean, sea dark blue colored, shallow.
Availability of building: build-in degree is 0.8 percent, for objects P+1 at the lower part, and P+1+2+3+Pk at the upper part of parcel.
Taxes for building permission are about 50 EUR/sqm for net planned building surface.
It is possible to upgrade beach by building seaport, mini marina, yachting club or facilities for water sports and pools.
Town Plan in not finished yet, so we expect that upon its adoption, price of this location would be at least 240 €/sqm.
There is no similar location (with such good characteristics) in Boka Kotorska gulf.
Town Plan predicts building of the by-pass road to Plavi Horizonti Hotel and Lustica, so value of this location will grow.
Our prediction is that flats or apartments, build at this location, now could estimate price of 2,500 €/sqm.
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