Located in the Municipality of Kotor, this land plot offers unique advantages and development potential. The land plot is located next to the road, with a strip between the land plot and the road 6 meters wide. If a path is built, it will be 1.5 to 2 meters wide, and the remaining space can be used by the owner of the land plot.
On the left side of the land plot is land plot number 689, owned by the Municipality of Kotor. This land plot contains concrete remains of the old Fjord hotel. If the owner of the land plot decides to develop towards this area, there is an option to request the use of municipal land as a road. So far, the municipality has agreed to this concept.
The project on land plot 640 covers an area of 1700 m² and is now completed. When the new Urban Plan (PUP) is implemented, these two land plots can be merged, meeting the conditions for construction and development (0.7 & 0.3).
Do not miss this exceptional investment opportunity in a prime location within Kotor. Contact us for more information and to discuss the potential of this unique land plot.
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)
Baza Properties
Registration number
-
Location
Crna Gora , Kotor
Area
640m²
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.