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An urbanized plot of 5,520 m2 is offered for sale in one of the most promising areas of the Kotor Riviera - Oak (K.O. Dub). The site is ideal for the implementation of a premium development project with high profitability.
Location.
The plot is located in a picturesque and quiet part of the municipality of Kotor, in the area of Oak - a zone of active development of modern residential development.
• Panoramic views of mountains and nature.
• A secluded atmosphere close to the infrastructure.
• Convenient access along the road along the site.
• Quick access to Kotor, Tivat and the coast.
Investment potential
• A completely urbanized area.
• Urban and Technical Conditions (UTU) are obtained.
• The land is in a residential area.
Projects may be implemented:
• Villa complex;
• apartments;
boutique hotel;
• Residences with rental business.
Development parameters
• Area of the plot: 5,520 m2.
• Total permissible building area: up to 4,416 m2.
• Development factor: 0.8.
Floors:
• ground floor;
1st floor;
• attic
• Possibility of underground levels.
Greening: at least 25-30% of the territory.
Completed project (included in the price):
• The architectural project of the complex of 8 villas was developed.
• Made with the participation of a professional architect and designer.
• A well-thought-out concept for the premium segment.
• Permission was granted to build the first villa.
• Significant time savings and quick start of construction.
Engineering communications:
• The road runs along the site.
• In the immediate vicinity - electricity and water supply.
• Technical conditions for connection have been received.
• The possibility of flexible design of engineering solutions for the construction format.
Advantages
• Environmentally clean and peaceful area.
• Promising zone with limited development.
• High investment potential.
• Flexibility in project implementation.
• Suitable for both development and private residence.
A rare offer on the Kotor market is a site with a ready-made concept and permits.