Building project in Lustica - Land for Development, Real Estate - Lustica, Tivat, Montenegro

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Building project in Lustica
Date & Time Listed: 2009-02-10 14:34:37 (GMT)

Posted in Categories: Real Estate, Land for Development
Posted From: Montenegro, Tivat, Lustica

Ad Details:

The land is an urbanised plot of 1530sqm with 3 buildings each containing 3 apartments. Equally these could be built as 3 villas.
It is around 1.5km from Zanjice beach set in an elevated position, with a view down towards the bay as well as both the mountains and the Croatian coast.
The total build area is 1127sqm. We currently have all the permissions including location licenses and urbanistic approval and have received the bill for the comunali charges. This has not been paid and is not included in the price. The cost of the comunali for all 3 buildings is 39,064.35 Euros.

The project is for sale with full architectural plans and designs as well as all the paperwork and is therefore ready to build as soon as the comunali charges are paid.

Once built, the sales price of either 3 villas or 9 apartments would be in approximately 2 million Euros.

The project was recently valued by Hypo bank at 512,000 Euros, but we are looking to sell it for 375,000 Euros recently reduced from 450,000.
Price: 375,000.00 EUR

Keywords:

Montenegro, Lustica, Zanjice, Project, Building project

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Posted in Categories: Real Estate, Land for Development Posted From: Montenegro, Tivat, Lustica

Posted in Categories: Real Estate, Land for Development
Posted From: Montenegro, Tivat, Lustica