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Urbanized land in Bijela, Herceg Novi, on the first line to the sea. The total land area is 1,035m2, and according to the UT conditions, construction is possible according to the following parameters:
Purpose of construction: residential construction
Net area of the buildings: 2 x 600m2 = 1,200m2, with about 15-16 apartments
Maximum construction area: 2 x 800m2 = 1,600m2
Land area: 2 x 200m2 = 400m2
Maximum number of floors: Basement + Ground floor + 2 + Attic
Possible number of parking spaces: about 16 underground garage spaces and about 4-5 open parking spaces in the yard.
Selling price of apartments in the immediate vicinity: around €4,000/m2