Land plot on the first line, 3636 м²

Property number: 261

1 500 000 €

Description

UNIQUE INVESTMENT OFFER
Offered for sale land on the first line of the sea. The plot is located in the Sutorina Municipality of Herceg Novi, Igalo. From the Institute of Dr. Simo Milosevic about 670 m from Njivica about 1000 m, from the traffic light in Herceg Novi approx. 2000 m, from the old town in Herceg Novi approx.
2800 m, and about 5 m from the sea. The land plot is located on the first line from the sea in Igalo, next to Svetionik beach. Access to the sites is via Dr. Svetozar Zhivoinovich. Purpose - land for building, for the construction of tourist facilities - hotel type and health tourism. The plots are mostly flat, almost rectangular in shape. Currently they are used as a parking lot leading to the beach. Partly covered with rubble, and partly overgrown with vegetation. Location on
there is water and electricity.

The plot consists of two parts with a size of 2184 sq.m. and 1455 sq.m.
According to the state assessment of the site, conducted on August 15, 2021, the cost of 1 sq.m. the plot amounted to 421.00 euros and its total cost was 1,533,000.00 euros. The property is currently being sold at a price below appraised value.
Urban planning parameters of this site: the maximum index of occupancy of the site is 0.36,
the maximum building index is 0.97, the maximum allowable number of storeys is P+2 and the maximum
BRGP 2400 m².
Additional information on individual request.