Land in Herceg-Novi, Montenegro, 171 796 sq.m

Cadastral numbers:
1348,1350,1419,1349,1418,1416,1382 / 1,1389,1415,
1324,1329,1351,1391,1392,1393,1394,1395,1408,1323,
1325,1330,1347,1396 , 1397,1398,1399,1400,1401,1402,
1403,1404,1405,1406,1407,1409,1410,1411,1412,1413,
1357,1358,1359,1360,1352,1383 / 1,1386 / 1,1384,1390,
1417,1387,1388

Description
Plot for sale by the sea in a picturesque place of Montenegro on the Lustica peninsula.
The plots are located 35 minutes from Tivat airport, 40 minutes from Kotor and an hour's drive from Budva.
The site has all communications: road, water, electricity, city sewerage
Ideal for the construction of houses, villas, hotels.
Urbanization
48% are urbanized, 38% are partially urbanized, 18% are not urbanized.
It is possible to build T1 or T2 - tourist areas.
T1 - hotels with villas. 70% hotels, 30% villas.
The occupancy factor of the area is 0.3, the building factor is 0.8. This means that a base of 100 square meters cannot be more than 30 square meters and cannot have more than 80 square meters of the total building area (more floors).
T2 is tourist resorts and tourist settlements - condominiums and villas - 30% of hotels and 70% of villas.
The occupancy factor of the area is 0.25, the building factor is 0.7.
Price for 1 sq.m. - 152,80 €