These urbanized plots are located in close proximity to the road, offering a beautiful view of the Bay of Kotor. The beach is 1 kilometer away, and the Old Town of Herceg Novi is just a 10-minute walk.

Plots available for sale:

• A1 – 569 sqm
• A2 – 530 sqm
• B1 – 687 sqm
• B2 – 604 sqm
• B3 – 1,654 sqm

Prices:

• A1 – 105,265 EUR
• A2 –  98,050 EUR
• B1 – 123,660 EUR
• B2 – 108,720 EUR
• B3 – 213,850 EUR

Note: Plot B3 is divided into two parts: an urbanized section of 685 sqm and a non-urbanized section of 969 sqm. The lower non-urbanized part can be used to create a recreational zone with a swimming pool, children’s playground, and other leisure facilities.

Construction Parameters

• A1: Building footprint – 187 sqm, total building area – 467 sqm, number of above-ground floors – up to 4
• A2: Building footprint – 205 sqm, total building area – 514 sqm, number of above-ground floors – up to 4
• B1: Building footprint – 234 sqm, total building area – 469 sqm, number of above-ground floors – up to 2
• B2: Building footprint – 217 sqm, total building area – 434 sqm, number of above-ground floors – up to 2
• B3: Building footprint – 274 sqm, total building area – 500 sqm, number of above-ground floors – up to 2

Main Features

• All plots have obtained urban planning conditions (UT conditions).
• City water and electricity connections are available near the plots.
• Each plot has road access.

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This attractive location for business and residential development is located in the most prominent part of Herceg Novi, on the Adriatic highway, just 500m from Old town Herceg Novi. The plot is surrounded by traditional Mediterranean vegetation and close to the promenade.

Development data:

• Plot area: 2.157 m²
• Built-up area: circa  ​​8,000 m²
• Floors: 2S + P + 6 (two underground floors, ground floor + 6 )
• 46 residential units with total area: 3,317 sqm (72 sqm average unit size)

The planning documents are prepared; all approvals for obtaining a building permit are provided.

Garage construction

In addition to the plan for the construction of a business-residential building, the defined spatial plan envisages the construction and parking for 170 lots.

The nearby most visited places bring a great advantage to the location and the project itself when it comes to the problem of Herceg Novi, which is a lack of parking, especially in the summer. According to the latest survey, Herceg Novi lacks 6,000 parking spaces, and this location is almost perfect for such a purpose. Underground floors in Montenegro are not calculated in the development area, i.e. the investor doesn’t pay to the state communal fees for underground areas.

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