Investment project for a business class residential complex in Montenegro


ID property PR01381
Price € 1`250`000
Land area 6984

We bring to your attention an investment project for a business class residential complex based on detached small apartment villas in Montenegro. The project includes: construction of 6 villas in a modern Mediterranean style with swimming pools and landscaped surrounding areas.

The project is proposed to be implemented in one of the most beautiful places in Montenegro - opposite the entrance from the open Adriatic Sea to the Bay of Kotor. The plot of land for the construction of a residential complex is directly adjacent to the resort town of Melinje (Herceg Novi), located 900 meters from the sea.

This location is very convenient in terms of accessibility for foreign tourists and homeowners. Near Melinje there is the International Airport in Tivat (21 km (13,05 miles)), and the Croatian airport of the world famous city of Dubrovnik is also close (30 km (18,64 miles). The distance to the airport in Podgorica is 106 km (65,87 miles).

The investment project consists of 6 small apartment villas of four types located on 8 cadastral plots. The total area of land in Montenegro is 6,984 m2 (75 175,15 sq ft). All plots are located along each other’s borders and form a single, integral space within which a gated resort village can be organized.

500 meters from the site there is a 4-star hotel Wellness & Spa Hotel ACD, and 900 meters (0,56 miles) from the luxurious five-star complex LAZURE MARINA & HOTEL. The distance from the site to the center of the old town of Herceg Novi is only 2.5 km (1,55 miles).

The cost of purchasing a plot of land in Melinje (Herceg Novi) is 1.25 million euros.

Detailed information about the project on request.

Contact manager

Tatyana

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