For sale is an urbanized plot with a total area of 700 m², located in an attractive location in Petrovac, with a beautiful view of the sea.The plot consists of two cadastral parcels of 400 m² and 300 m², which together form a functional unit ideal for construction.A conceptual design has been done for the plot, with the option to choose between an elegant Mediterranean style and a modern architectural solution with a flat roof.Construction possibilitiesIt is allowed to build an object with a total area of 265 m² on three floors, which provides more opportunities for project development.According to the conceptual solution, the plot is suitable for the construction of:a luxury villa with a swimming pool;a residential building with 6 apartments, with an area of about 40 m² per unit.Thanks to the terrain configuration and the open view, the future object can be designed to make the most of the view of the Adriatic Sea.LocationPetrovac is known for its peaceful atmosphere, natural environment and beautiful coastline, and this location represents an excellent opportunity for those who want to invest in real estate on the Montenegrin coast.The plot is suitable both for building a private villa with a swimming pool and for developing a small tourist facility with multiple apartments, with the potential for tourist accommodation.Excellent investment opportunity – an urbanized plot, sea view, a developed concept design and more opportunities for project implementation.
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.
Regulatory information
Agency (intermediary)
Amfora Real Estate
Registration number
-
Location
Budva , Petrovac
Area
673m²
Structure
Unknown
Property Type
Land lot
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.