Investment 1 500 m² in Tivat, Montenegro
Tivat, Montenegro
€1,73M
€1,150/m²
Location
Property characteristics
Property parameters
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Price per m²€1,150/m² -
Total area1 500 m²
Description
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The cost of apartments with turnkey finishing is 1250 euros/m2. This amount includes all costs associated with the acquisition of the site, construction and commissioning. No additional costs will be required on the part of the investor
The sale of apartments guarantees a profit of 36% per annum. REQUIRED INVESTMENT: EUR 1,725,000. Options:
Plot of land with an area of 3,200 m2 (32 acres), located in a quiet green area of Tivat. The approved urban development plan provides for the construction of 3 apartment buildings. The total gross area of housing is 1,500 m2 plus terraces. Concept
The project concept provides for the construction of three 3-story buildings. The lower floor will contain small studios with private courtyards. On the 2nd and 3rd floors it is planned to build 18 apartments (three apartments per floor), each of which will consist of a spacious living room combined with a kitchen, one or two bedrooms and a large bathroom. Thanks to the attractive external design, a high added value of housing is ensured.The project skillfully combines elements of a luxury home while maintaining the cost of economy class real estate.
Updated at: 23/06/2024
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Tivat, Montenegro
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