An attractive plot of land for joint construction is for sale, located in the village of Kavač, between two key coastal centers – the UNESCO-protected Old Town of Kotor (5 km) and Tivat with the luxury Porto Montenegro marina (6 km). The location sits at approximately 120 meters above sea level and is known for its combination of clean sea and mountain air. A sea view can be expected from the second floor of future buildings.
The total maximum construction coefficient is 0.8.
For a joint investment, the owner requires compensation in the form of 370 m² of net residential space. Compensation can be provided as two villas or two townhouses of 185 m² each, or as a combination of various types of units – apartments, townhouses, or individual houses – with a total net area of 370 m². Private parking spaces or garages (minimum as required by law) are mandatory, as well as a swimming pool, either private or shared, but not shared with more than five other units.
A partial cash compensation is also possible, at a rate of €2,000/m². For example: the investor may offer 350 m² of built area + 20 m² × €2,000 = €40,000.
This land represents an excellent investment opportunity for development.
