Construction site in Morin, Boko Kotor Bay — 96,499 euros
A plot is offered for sale in the picturesque village of Morin, located off the coast of the Bay of Kotor. This plot is ideal for individual housing construction (IHS) or the creation of an apartment building (possibly a hotel).
The main characteristics of the site
Plot price: 96,499 euros
Area: 501 m2
Price per square meter: 149 euros
Distance to the sea: 85 meters (in a straight line)
Distance to the nearest equipped beach: 150 meters
The distance to the Chatovich Mlini restaurant is 200 meters
Construction opportunities
It is possible to build a three-storey building with a total area of 501 m2 on the site. The tax has already been paid for the construction of two floors with a total area of 402 m2. During the construction of the building, a partial view of the sea will open from the second floor, and a full view from the third floor.
The advantages of buying this plot
Convenient location: Proximity to the sea and infrastructure (beaches, restaurants) makes this site attractive for tourists and locals.
Investment potential: The possibility of building a hotel or an apartment building allows you to extract rental income.
Ready documentation: The cost of the site includes pre-design, design and permits, as well as paid fees for connection to public utilities (39,000 euros).
Obtaining a residence permit: When buying real estate in Montenegro, it is possible to obtain a residence permit, which makes this option especially attractive for foreigners.
Analysis of the real estate market in Montenegro
Over the past five years, the real estate market in Montenegro has shown steady price growth, especially in popular tourist areas such as the Bay of Kotor. On average, land prices have increased by 15-20%, and the value of real estate has increased by 10-15% per year. This creates excellent opportunities for investors who want to invest in real estate in Montenegro.
Conclusion
The plot in Morina is a unique opportunity for those who want to build their own house or investment facility in one of the most beautiful places in Montenegro. Don't miss the chance to become a property owner in this picturesque area!
