3
6550 m2
1000 m
Basic info:
Deal typePurchase
Property ID14602
LocationRisan
Distance to sea (m)1000 m
Plot area6550 m2
Land price
390 000 €
Book a viewing today!
Investment metrics:
Masterplan approvalYes
Gross development ratio0.6
Footprint ratio0.25
nb of storeys allowed3
nb of buildings8
Approved usageresidential
Сommunal tax paidNo
Preliminary planning guidelinesYes
Total investment requirement, EUR3 000 000 €
Project timeframe, months24 months
Total project revenue
- base case, EUR4 691 200 €
- base case, EUR4 691 200 €
Net profit – investor1 000 000 €
IRR217 %
Discount rate, %8 %
NPV1 464 890 €
Investment project in one of the most picturesque and popular areas of the Boko-Kotor Bay. This development project outlines a construction of 5 three-storey villas with 28 separate apartments, as well as several swimming pools, parking lot, children playground, facilities for 24/7 security personnel with video surveillance.
The plot has a great view of the Boko-Kotor Bay. Due to the cascade structure all villas have 100% view of the sea.
The project includes establishment of property management company that takes care of maintenance of common territory and swimming pools, organizes the work of security personnel and offers wide range of services to satisfy needs of property owners.
Why buying property in Montenegro with us?
Save your time: why search and analyze a lot of offers on different sites? We will do it for you quickly and professionally, finding the best matches to your criteria!
Save your money: we help you to get the best value deal, with no agent fee or hidden costs!
Experience the service at a level you got used to: we pay attention to details and promptly react to your wishes!
Haven’t found a property?
Our experts will save your time and find best fit offers according to your criteria
