A large land complex with a total area of 8,348 m² is for sale in Podgorica. It consists of seven urban land plots with issued urban-technical conditions.
The main value of the property for investors lies in the already defined parameters for future construction. The land plots are subject to a maximum occupancy factor of 0.40 and a construction factor of 1.20, with a permitted number of floors up to P+3 (i.e., ground floor plus three additional floors above ground).
According to urban planning documentation, the total area of the seven urban locations is approximately 7,178 m², and their combined potential allows for the realization of approximately 8,613 m² of above-ground gross area.
Six land plots are included in the Detailed Urban Plan Titex and are designated for medium-density residential construction. The seventh land plot, with an area of 1,280.62 m², is located within the Zabjelo 8 plan and is designated for medium-density residential construction with the possibility of accommodating accompanying commercial, retail, service, and other facilities in accordance with urban planning regulations.
Underground garages and auxiliary rooms can be additionally designed in accordance with the conditions and are not included in the calculation of the above-ground gross area, which allows for more efficient use of the territory's potential.
This property is particularly attractive to investors who are considering the construction of a full-fledged residential complex with the possibility of phased realization. Instead of purchasing a separate small land plot, this property offers a large area with seven established urban land plots and clear parameters for future development.
Documentation for the land plots has been prepared, ownership certificates are clear, without any registered encumbrances.
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
Podgorica , Zabjelo
Area
8348m²
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.