MAGNAT 064.5.800.900 - on Nikole Ljubibratića street, in the area known as Topla 2, in Herceg Novi Municipality, Montenegro, MAGNAT sells a land plot of over 350m2 with an existing, quality-built object of 500m2 completed in 1995 and a legal possibility to build another 800m2.
The existing property is built from first-class materials: over 13 tons of rebar installed, Durmitor spruce roof, marble-clad front facade and terraces, entrance hall, staircase, landings; bathrooms - Italian Class I ceramics, tiles to the ceiling; 'extra class' oak parquet; aluminum joinery, newly installed; terraces clad with balusters; central heating (per-apartment) - central and solar heating (installations need to be checked, boiler on the ground floor). There is an easy possibility of converting the attic space into apartments + according to valid Urbanism conditions, an extension of minimum 800 m2 (from that extension alone you can profit more than the purchase price of this location with the object).
From many parts of the object and from the terraces, the view is phenomenal of the sea, nearby islands, and the entire city. The sea is approximately 200 m by air, and on foot - by stairs or by car 3 minutes, the center and Old Town are 100 m by air, and on foot or by car 2 minutes, across from the Health Center and Police Station, near the school. Igalo is 7 minutes away, connected to Herceg Novi by the beautiful "Pet Danica" promenade, and which offers you, in addition to an unforgettable walk, a beautiful sunset, an opportunity for rest and recreation.
MAGNAT recommends this urbanized land with a sea view and the possibility of additional construction of a residential-commercial building (five floors), on an urbanistic plot of 350m2 + 500m2 of existing object - for an apartment-type Hotel with a total area of over 1.300m2. It is move-in ready IMMEDIATELY upon payment of the price. One individual is the owner of the entire property - a Residential-Commercial building with a building permit and occupancy permit.
Note: This calculation is for informational purposes only. Actual loan terms may vary depending on the bank, credit rating, and other factors. Please consult your bank for exact conditions.
This information is mandatory under the Law on Mediation in the Sale and Lease of Real Estate of Montenegro. All intermediaries must be registered in the Register of Intermediaries maintained by the competent ministry.