Located in Kavač, Kotor, this development land enjoys an elevated position with views across the surrounding greenery and towards the Bay of Kotor, creating an attractive setting for a residential or mixed-use project.
The land comprises a total area of 10,850 m² and benefits from issued Urbanistic-Technical Conditions (UTU) for mixed-use development. According to the planning parameters, the site has a maximum occupancy index of 0.4 and a construction index of 1.0, allowing for a maximum gross developed building area (BRGP) of up to 10,850 m² and a maximum building footprint of approximately 4,340 m². The permitted maximum storeys are P+2 (ground floor plus two upper floors).
The mixed-use designation provides flexibility for the development of residential, commercial, office, retail and other compatible facilities, subject to the applicable planning and technical requirements. The site can accommodate a multi-building development, while phased construction is also permitted, making the property particularly suitable for a larger residential or mixed-use development concept.
The property’s elevated location in Kavač, combined with its bay and mountain views and natural surroundings, adds to its development potential while remaining conveniently positioned between Tivat and Kotor.
Development must comply with the applicable architectural, infrastructure, parking, landscaping and cultural-heritage protection requirements established by the competent authorities.
With its substantial development capacity, issued UTU, flexible mixed-use designation and strategic location between Tivat and Kotor, this property represents an excellent investment opportunity for developers seeking a large-scale project in one of Montenegro’s most attractive coastal areas.
Price: 1,627,500 €
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