Commercial Land for Sale in Kotor
€95,000
Peter Flynn
Features
Explore in 3D
Guided Video Tour
Description
Commercial land of 1,243 m² is available on the first line of the main highway between Tivat and Budva. As this plot falls under the Industrial Zone, you are able to open a business that deals with:
Trade, Tourism, Service Trades, Business Activities, Catering, Health Care, Social Protection, Culture, Entertainment, Sports, Business Administration, Agriculture, and more.
The Gross Build Area (GBA) is 601.20 m², and the foundation of the building is 250.50 m². There is also the possibility of constructing a basement or garage, which is not included in the GBA.
You are able to build up to P+2 (Ground Floor + 2 Levels).
With high demand for plots in this area, this is an excellent investment opportunity for someone looking to establish a successful business. With access to the main road, there is a greater chance of attracting more customers to your business.
This plot is 7.1 km from Tivat Airport, 10.6 km from Porto Montenegro, 8.7 km from Kotor Old Town, and 14.1 km from Budva.
ntRealty is a Real Estate Agency based in Tivat, Montenegro, headed by British businessman Peter Flynn, who has lived in the area since 2005 and focused his efforts in various aspects of real estate, including development, architecture, interior design, and investing in real estate in the area. The Tivat office is run by a team of professionals who really understand the local market. The team is there to help guide you through the buying (or selling) process, and we pride ourselves on giving a high level of service in a polite, friendly, and efficient way.
ntRealty specializes in properties for sale all around the Bay of Kotor, Tivat Bay, and Lustica, and our clients range from Porto Montenegro and Lustica Bay to hundreds of private individuals who put their trust in our operation.
Map
Neighbourhood Guide
Explore Kotor
Learn More about living in Kotor: Things to Do and See in Kotor
Frequently Asked Questions
Rental agreements in Montenegro are legally binding contracts that outline the terms and conditions of the rental arrangement. It is important to ensure that the agreement includes key details such as the rental amount, payment schedule, duration of the lease, and responsibilities of both the landlord and tenant.
Additionally, it is advisable to clarify any rules regarding pets, maintenance, and termination of the lease. If you have any questions or concerns, it is wise to consult with a legal expert to ensure that your rights are protected.
Buying property in Montenegro offers several advantages. The country boasts stunning natural beauty, a favorable climate, and a growing economy, making it an attractive destination for both living and investment. Additionally, property prices in Montenegro are generally lower than in many Western European countries, providing excellent value for money.
Furthermore, Montenegro has a straightforward property purchase process for foreigners, and the potential for rental income from tourism is significant. Overall, investing in Montenegrin real estate can be a rewarding opportunity.
Disclaimer: Purchase Costs & Information Accuracy
All costs associated with the purchase, including notary fees, real estate transfer tax (if applicable), and any legal fees, are the sole responsibility of the buyer. ntRealty bears no responsibility for the correctness of the information published here, which is based exclusively upon details provided to us by the property owner(s). ntRealty has no obligation to update, modify, or amend this listing or to notify a reader if any information, including urbanistic or cadastral data, subsequently becomes inaccurate. All listings are subject to prior sale. Agency Commission: No agency commission is charged to the buyer. The agency fee is paid by the seller.
Similar Properties
.avif)
Get Montenegro real estate updates directly in your inbox.
Are you interested in buying a home? Look no further than working with our real estate experts.