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Description
Area: 12,131 m²
Urbanized Area: 6,259 m²
Non-Urbanized Area: 5,872 m²
Occupancy Coefficient: 0.3
Building Coefficient: 0.8
Adjacent City Utilities: Water and electricity.
This land plot of 12,131 m² is excellently located in the Kavac area between the cities of Tivat and Kotor. It’s just a 10-minute drive from the Porto Montenegro complex and 10 minutes from the Old Town of Kotor. The Tivat airport is less than 5 minutes away by car. Kavac is one of the sunniest spots on the coast, with clean air and a moderate Mediterranean climate.
The plot is divided into an urbanized and a non-urbanized part. The urbanized portion covers 6,259 m². On this part, it’s possible to construct a building with a base area of 1,877 m² and a total internal area (BGRP) of 5,007 m², not exceeding three above-ground floors (P+1+Pk). Importantly, the urbanized section of the plot is situated in the upper part, offering a view of the sea. Additionally, the plot allows for the realization of a villa and townhouse complex, each with its own territory, parking space, pool, and relaxation area.
The lower non-urbanized part of the plot can be developed into a recreational zone with a pool, children’s playground, and other amenities. This would complement residential complexes or villa developments and serve as a compelling competitive advantage for the completed properties.
City utilities such as water and electricity connections are available nearby. This land plot represents an excellent investment opportunity for construction projects. If you’re looking for a place to bring your ideas to life, this is an ideal option!
Basic characteristics
- Reference ID: 230753
- Published: 26.03.2024
- Updated: 17.10.2024
- Real Estate Ad published by: First Realty
- Neighborhood: Kavač
- Price: 550,000€
- Square footage: 12,131m2
Kavač, Kotor, Crna Gora
Kotor is a coastal town in Montenegro located in the Bay of Kotor. The old town with its stunning city walls is under UNESCO protection as a world cultural heritage site. The first memories of Kotor date back to the 168 years BC called Ascrivium, when it was part of the Roman province of Dalmatia. Today's name Kotor was given in the IX century. The number of inhabitants within the walls of the Old Town is about 1300, while the whole municipality has around 23000 inhabitants. Kotor is surrounded by cliffs of Orijen and Lovćen on one side and a beautiful bay on the other. It is considered one of the most magnificent landscapes on the Mediterranean peninsula and many call it the southernmost fjord in Europe. The architecture of the Old Town is under Venetian influence, considering that it belonged to the Venetian Republic from the beginning of the 15th to the end of the 18th century. If you want to feel the spirit of the Middle Ages, you can still find an apartment or suite within the old walls at reasonable prices. Kotor is also known as a city of merchants and famous sailors, and there are many testimonies of its turbulent history kept in the Kotor Museum. In its medieval surroundings, the city is full of luxury restaurants and romantic cafes, and every year various cultural events, carnivals and festivities are held, so this is an unavoidable destination for tourists. It is connected to all coastal cities of Montenegro by the main road that leads along the bay. Tivat Airport is 15 km away. Real estate in Kotor is diverse: some prefer apartments in the narrow streets of the old town, while others choose luxurious villas on the coast. The fact is that buying real estate in Kotor can be a very good investment for rent.