An investment land plot with an area of 1.328 m² is for sale in one of the most attractive central locations in Podgorica, in the area of Vezirov most, directly behind the Russian Embassy.
The main advantage of this property is that the investor does not only acquire land, but a land plot with existing urban-technical conditions and an already developed conceptual design for a residential project.
The land plot is part of the construction zone "Zagorič 1, part zone A". Part of the land plot has been converted into urban plots UP38 (448,28 m²) and UP39 (463,34 m²), which, according to UT conditions, can be merged for the construction of one residential building. The land plot already has access via an asphalt road.
The developed project envisions a modern residential building with 1+2+2 floors and 8 apartments.
The first and second residential levels are designed with 3 apartments each, mostly with 1 bedroom, and on the top floor there are 2 more apartments, including a spacious apartment with 3 bedrooms.
The project has an above-ground area of 856,34 m² GFA and 705,32 m² net area.
Also included is a spacious basement with 10 parking spaces, storage rooms for apartments and utility rooms. The project also includes an elevator.
The total building area, including the basement, is 1.329,57 m² GFA and 1.106,27 m² net area.
The project includes landscaping of approximately 47% of combined urban areas, which will create a modern residential building with sufficient private and green space.
The location itself is particularly valuable. The land plot is located in the immediate vicinity of the center of Podgorica and Gorica hill, within an established, prestigious residential neighborhood. This allows the future project to target a higher price segment.
The investor also has the opportunity to additionally acquire two adjacent land plots with similar urban conditions and significantly increase the scale of the future project.
This is an excellent opportunity for an investor who wants to acquire a location where a significant part of the preparatory work has already been completed: UT conditions have been obtained, geodetic documentation has been prepared, and a specific architectural solution for the residential building has been developed.
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 , Vezirov Most
Area
1328m²
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.