Explore a promising real estate opportunity with this 551m² land plot located in the picturesque area of Ulcinj, near Hotel Albatros. Although the detailed urban plan for this region has not yet been finalized, it is expected to be adopted by the end of this year, potentially unlocking new development opportunities for the currently unurbanized land.
Currently, below the land plot, there is a restaurant which already has access to electricity. In this area, water is mainly obtained from cisterns, and a gravel road runs alongside the land. However, the road has become overgrown over time, as it was last visited approximately two years ago.
Once the detailed urban plan is adopted, a new road is expected to be built above the land plot, along with the introduction of full infrastructure, including electricity, water, and other key utilities. This future development could significantly increase the value and accessibility of the land, making it an ideal investment for those looking to build in one of Montenegro's most beautiful coastal towns.
Do not miss the opportunity to secure a strategically located, but currently unurbanized, land plot in Ulcinj, near Hotel Albatros, with the potential for significant value appreciation once the urban plan comes into effect. Contact us today to learn more about this unique investment opportunity and how it can align with your future plans.
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 , Ulcinj
Area
551m²
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.