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335 000 €

Investment project in Bar, Montenegro, 1 975 sq.m
  • Investment project in Bar, Montenegro, 1 975 sq.m - picture 1
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  • Investment project in Bar, Montenegro, 1 975 sq.m - picture 1
  • Investment project in Bar, Montenegro, 1 975 sq.m - picture 2
  • Investment project in Bar, Montenegro, 1 975 sq.m - picture 3
  • Investment project in Bar, Montenegro, 1 975 sq.m - picture 4
  • Investment project in Bar, Montenegro, 1 975 sq.m - picture 5
  • Investment project in Bar, Montenegro, 1 975 sq.m - picture 6
  • Investment project in Bar, Montenegro, 1 975 sq.m - picture 7
  • Investment project in Bar, Montenegro, 1 975 sq.m - picture 8
  • Investment project in Bar, Montenegro, 1 975 sq.m - picture 9
  • Investment project in Bar, Montenegro, 1 975 sq.m - picture 10
  • Investment project in Bar, Montenegro, 1 975 sq.m - picture 11
  • Investment project in Bar, Montenegro, 1 975 sq.m - picture 12
  • Investment project in Bar, Montenegro, 1 975 sq.m - picture 13
  • Investment project in Bar, Montenegro, 1 975 sq.m - picture 14
  • Property ID on Prian.info: 3456578
    Property ID on company's website: 5997
    Last update: 22.03.2024
    Number of views: 2705

335 000 €

Investment project in Bar, Montenegro, 1 975 sq.m

1975 sq.m
Residence Remote Transaction

  • Property ID on Prian.info: 3456578
    Property ID on company's website: 5997
    Last update: 22.03.2024
    Number of views: 2705

Specifications

Sale price 335 000 €
Price per square meter 169.62 €
Floor area 1 975 sq.m
Number of storeys 6
Parking 35 places
Address Montenegro, Bar, SHushan
Location at the seaside, within the city
to the airport 45 kilometers
to a railroad station 3 kilometers
to the beach 1 kilometers
to the historical city center 1 kilometers
to food stores 400 meters
to a bus stop 400 meters

Additional services

  • Residence permit upon purchase
  • Opportunity of a remote transaction

Finance

Profitability
Pay-off period 2 years

Rental income covers all the expenses in


Description

5997. Bar, lower part of Shushan.
Excellent plot for investment, plot area 1975 sq m.
There are 4 buildings on the site, including a two-storey house with a total area of ​​220 sq m, it is possible to live, cosmetic repairs are needed.
Optimal use of the site - demolition of existing buildings, construction of an apartment building.
There is a Dup, received UTU (urban technical conditions), parameters:
Minimum building area at base 40% = 790 sq m
Maximum building area at base 75% = 1480 sq m.
No more - 6 floors.
The minimum coefficient for the total permitted construction volume is 1, i.e. 1975 sq m
Maximum coefficient the total permitted volume of construction is –2.5, i.e. 4.938 sq m
The best solution:
1. design and construction of a 4-storey building (possibly without elevators) with an area per floor - 1.234 sq m, total area = 4.938 sq m. As a result - a house with 35-40 apartments.
2. design and construction of a 6-storey building (with the installation of elevators) with an area per floor - 823 sq m, total area = 4.938 sq m. As a result - a house with 35-40 apartments.

Building area - less possible.
Excellent economic indicators (high profitability) make the project interesting for Investors.
There is an access road, running water and electricity are connected. From the third floor - sea view. Distance to beaches - 1.2 km.
The cost is 335,000 euros (170 euros / sq m). Bargaining Is Possible.


Contact seller

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Representative

Galina
Co-founder, CEO
Languages: english, bulgarian, serbian
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Seller
Galina Co-founder, CEO

Real Estate & Building Company «ADRIATIC SEA EXPERT»

Languages: english, bulgarian, serbian
Contact seller
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