House 300 m² Budva, Montenegro

Budva, Montenegro
€556,500
;

Location

  • Country
    Montenegro
  • Region
    Budva Municipality
  • Town
    Budva

Property characteristics

Building parameters

  • Total area
    Total area
    300 m²
  • Land area
    Land area
    400 m²

Description

House with the possibility to build 2 more floors, the central part of Budva
Three-storey house in the central part of the city of Budva. To the sea and the promenade 600 meters on an absolutely flat road, without hillocks.
House area: 300 m2
Plot area: 400 m2
This property has a very interesting and sought-after location! There are very few such objects in Budva.
According to the town planning plan, a five-story residential building with an underground garage can stand on the site.
New owners can:
Make repairs on existing floors and complete 2 more floors.
To build a new five-story building with underground garages on the site of the existing house for the subsequent resale of the apartments, or renting out the apartments.
At the moment, the house is equipped in such a way that the owner lives in an apartment with a separate entrance, and 12 apartments are rented out during the tourist season.
On the first floor there are 4 apartments. Each apartment with its own bathroom.
On the second floor there are 4 apartments. Three apartments with their own bathrooms.
On the third floor there are 4 apartments.
All floors are connected by an internal staircase.
On the third floor there is a small apartment where the owner of the house lives. There is an external staircase that does not come into contact with the tourist part of the house.
The object is sold with all contents: furniture and appliances. Modest condition but working.

Updated at: 27/02/2023

Location on the map

Budva, Montenegro

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