House 350 m² Montenegro, Montenegro

Montenegro
€170,000
;

Location

  • Country
    Montenegro

Property characteristics

Building parameters

  • Total area
    Total area
    350 m²

Description

The object code is 1.20.11.9000 Montenegro, g. Herceg Novi. Real estate for sale for 10 apartments. The villa is in the construction phase and is a great investment opportunity. Apartments can now be sold during construction. You can also view the property as a rental business in the form of a mini hotel for 10 apartments. The villa is located directly above the "Porto Novi" marina. 5 minutes to the sea. All apartments with sea views. Panoramic view of the entire Boca-Cotor Bay. The villa has 3 parking spaces: a closed garage (4 spaces), parking spaces in the lower street (4 spaces), parking spaces in the upper street (6 spaces). The upstairs apartments have a served roof, where you can place a recreation area with a panoramic view of the entire bay, lay the lawn, a pool, a whirlpool, a barbecue area, a play area, etc. can install. 3 of 10 apartments have already been sold.  The buyer of the project villa "Monte Carlo" receives: 1. 7 apartments (350 m * 2200e) 770,000e (average price m2 at a specific location) 2nd. Area of the exploited roof (150 m * 1000e) 150,000e 3rd. additional room "Podrum" 75m * 1000e = 75,000e 4th. 4 garage spaces (4 * 15000e) 60,000e 5. 7 parking spaces on the street (7 * 5000e) 35,000s The total value of the properties received at the end of construction is: 1,090,000e.   Investments in this project are: 170,000. Project costs in the current construction phase, including all project costs and construction work. 80,000. Costs for the completion of the shell (monolite - an object that is completely under the roof without completion) At the end of the monolith you can actively sell apartments for further investments.  320,000 completion costs, etc. work before handing over.(+ -10%, depending on the finishing materials used).    All permits were received, paid for by the Komnale (40,000), a water supply and an electrical power cable from the substation were brought to the site. All agricultural work was carried out, all messages were placed, the base shield was flooded, the first floor was up to the ceiling of the 2nd. Built on the floor. The project has no pitfalls.  Planned deadline: shell, monolith - September. Hand-to-hand trim - December 2020.    We are ready to consider co-investment options or investments in the construction of this facility.   
Updated at: 05/10/2023

Location on the map

Montenegro

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