Location is everything! This attractive piece of Montenegrin land lays at the crossroads of the fast-growing touristic areas – the Bay area, including Kotor, Tivat and Luštica peninsula and Budva area.
This area is already known for its great commercial potential and this is why many commercial premises are developed in this area, such as VOLI shop (largest country grocery store), HDL Mall (Grocery store, clothing stores, pharmacy, furniture etc), KIPS’s warehouse, Opel and Volvo dealerships, Wedding hall, International School (Cambridge) etc.
At the moment two new facilities are being developed – sports center and high-end multi-brand mall.
This is the rare opportunity to purchase a premium land for business in a very prominent, secure, and fast-growing location, which has become a tourism and investment hub of the fastest developing part of the coast – The Bay and Budva.
Key features :
– Nearly 10,000 sqm of prime quality urbanized flat land
– Excellent location in the affluent commercial area
– Second line from the Highway.
– The land is just behind of shopping mall under development.
– Close to the Tivat airport, Porto Montenegro, Kotor, Lustica Bay and very close to the Adriatic highway connecting the Bay and Budva.
– No restriction or burdens in the title deed. The land is ready to build on.
– Occupancy index 0,5
– Development index 1.
– GF+1 floors.
This amazing piece of land is at the same time close to everything: resorts, retail units, traffic-hubs, but remains also tucked away from the city buzz in its sought-after elite neighborhood of Tivat with the Boka Bay at the palm of your hands.