Land for Sale in Morinj
€195,000
Peter Flynn
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Description
Spacious Land for Sale in Morinj, Boka Kotorska Bay!
Set in the heart of Morinj, where the beauty of unspoiled nature blends with the charm of UNESCO-protected architecture, this large plot offers a rare opportunity to create something truly special — whether it's a dream home or a unique business venture.
Covering a total area of 5,270 m², the property includes two existing single-storey auxiliary buildings with footprints of 14 m² and 21 m².
There is approved potential for residential development up to 527 m² across two levels, ideal for a private villa or family estate.
Alternatively, the land is also suitable for tourism and recreational use, such as an "etno village" retreat or similar hospitality concept. In that case, the building footprint can also reach 527 m², with the total built area extending up to 790.5 m² across three levels — whether as a single structure or a collection of smaller buildings.
Distance to Risan Centre is 7.4 km, to Kotor Old Town 24.6 km, to Tivat Centre 12.9 km (via ferry), Tivat Airport 20.7 km (via ferry), Podgorica Airport 111 km, and Dubrovnik Airport 49.3 km.
This is a rare chance to build in one of Montenegro's most enchanting coastal locations.
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.
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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.
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