This urban plot is located in Seljanovo, Tivat, a prime location within walking distance of the beach and the prestigious Porto Montenegro marina. The area is highly sought-after, making this property an excellent investment opportunity for residential development in a low-density housing zone.
The total cadastral parcel spans 1,705 square meters, but 532 square meters have been designated for expropriation by the municipality to construct an access road. This road will serve not only this plot but also two neighboring parcels, significantly improving access and enhancing the value of the property. The current owners are awaiting payment from the municipality for the expropriated portion of the land. After the expropriation, the remaining usable area for development is 987 square meters.
This plot is zoned for low-density residential housing ("Stanovanje manje gustine"). The planning parameters allow for a foundation footprint of up to 320 m2, with a maximum gross construction area of 750 square meters, resulting in a building coverage ratio (BRGP) of 0.76. The approved height limits permit a structure of two floors plus an attic (P+2), making it suitable for a spacious, well-designed residential development.
Priced at €411,600, this property offers significant potential in one of Tivat's most attractive and rapidly developing areas.
For more information or to schedule a viewing, please contact us at:
+382 68 029 991
+382 68 014 729
Or email us at: objektarealestate@gmail.com