Tivat Building Plot of 575m2 with an 80% Build Co-Efficient For Sale

This plot is at the top of the road in a residential area in Mazina, Tivat. It comes with Urban Technical Conditions allowing up to a maximum of 80% build density on a 40% footprint. You are able to build 3 levels, which includes the ground floor, 1st floor and Roof level. We also think that you have the ability to build garages below the property. Although the lower levels of the property will have their views obstructed mostly by the buildings in front, the 1st floor and Penthouse level should have excellent views over Tivat Bay, taking in parts of Porto Montenegro and St Marko Island. Permissions allow for a single dwelling or up to 4 apartments.

The figures stack up on this plot; with apartments priced correctly a savvy developer can build and sell within 12 months an make a decent profit.