For sale is a unique land plot with an area of approximately 50.000 m² in Kamenari, on the first line of the Bokokotorski zaliv.
This is one of the rare locations of this scale in this part of the Montenegrin coast. Situated on a slope above the coastal road, the location offers an open panoramic view of the Bokokotorski and Tivatski zaljev, excellent sun exposure, and significant potential for premium residential or tourist development.
According to the submitted urban planning and investment documentation, the territory foresees the possibility of residential construction, including villas and apartments, and the total declared construction potential is up to 22.262 m² of gross area.
The territory is divided into several zones with different development parameters: • zone A1: construction coefficient 0,7, maximum floor count P+2 or S+P+1; • zone A2: coefficient 0,5, maximum floor count P+1 or S+P; • zone B: coefficient 0,5; • zone C: coefficient 0,4, predominantly low-rise buildings.
The property also includes an existing traditional stone building that is open for renovation. It is possible to convert it into a villa, restaurant, small boutique hotel, or some other tourist attraction, with approved documentation.
This combination of a large land area, first-line location, panoramic view, and potential for comprehensive development makes the property particularly attractive for the construction of a closed complex of villas, premium apartments, hotels, or a resort project.
The location is one of the key advantages of the property. According to the investment presentation: • approximately 10 minutes to Porto Montenegro; • approximately 15 minutes to Tivat airport; • approximately 15 minutes to Portonovi and One&Only; • approximately 1 hour to Dubrovnik International Airport; • approximately 2 hours to the ski resorts of Montenegro.
The location is practically situated between two main premium tourist destinations on this part of the coast: Porto Montenegro in Tivat and Portonovi in Herceg Novi.
The price is 220 € per m².
A rare opportunity for an investor seeking a large location in Boka Kotorska for a large, premium residential or tourist project.
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)
Monteonline
Registration number
-
Location
Herceg Novi , Kamenari
Area
50000m²
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.