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Land for sale 1 370m2 in Good Water, Montenegro - 274 000€

274 000 € ID: 131037
  • Sale
  • Montenegro
  • Southern coast of Montenegro
  • Good Water
  • Land
  • 1370 m2
  • 1200 m

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In the southern coastal zone of the region, in the Pechurice area, there is a plot of land with the potential for a large-scale construction project. This place attracts the attention of developers and investors due to its proximity to the sea, views of the Adriatic coast and the possibility of erecting an apartment complex with modern architectural solutions. The Dobroye Vody district has already established itself as a developing location that combines the tranquility of nature and the growth of tourist demand.

The 1,370 square meter plot is located just 1,200 meters from the coastline. This location allows future residents or tenants to enjoy the seascape, silence and at the same time be within walking distance of beaches, restaurants and amenities of the resort area. Each future level of the building will have a panoramic view of the sea, which significantly increases the value of the project both in terms of architecture and investment attractiveness.

The entire area is fully urbanized and included in the urban development plan. According to the permitted building parameters, it is possible to build a building up to seven above-ground floors. The total allowable area of the future facility can range from 5,000 to 7,000 square meters, which makes the site particularly interesting for the construction of a residential complex, an apartment hotel or mixed-use facilities.

The availability of communications nearby and convenient access provide savings on preparatory work, and the rapid development of the Pechurice area guarantees high demand for future real estate, whether for rent or sale. The tourist flow in this direction is steadily growing, especially in the summer months, which makes the facility a profitable investment.

The price of the plot is 200 euros per square meter. Given the possibility of large-scale development and the prospects of the area, this proposal is one of the most reasonable in terms of value on the land market in the coastal area.

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