555m² Land in Kotor, Montenegro No. 66757

555m² Land in Kotor, Montenegro No. 66757
ID66757 $ 708 305
66757

Property description

Plot with a registered ruin only 5m from the sea

Total plot area: 555m2

The plot is divided into two parts, above and below the road.

Upper part of the plot, above the road: 429m2. In this part of the plot is a ruin of 92m2 in the base.

Lower part of the plot by the sea: 126m2 with a small ruin of 7m2

According to the Detail Plan for the area, it is possible to get permit for the reconstruction up to total gross area of 200m2, while maintaining the existing dimensions. Allowed number of floors is two (ground floor + first).

Excellent location. Great investment opportunity.
Kotor - Statistics
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ParametersKotor
Rent Per Month
Apartment (1 bedroom) in City Centre$ 647.26
Apartment (1 bedroom) Outside of Centre$ 512.42
Apartment (3 bedrooms) in City Centre$ 1 294.53
Apartment (3 bedrooms) Outside of Centre$ 1 348.47
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 3 775.71
Price per Square Meter to Buy Apartment Outside of Centre$ 2 696.93
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ParametersKotor
Crime Index17.23
Traffic Commute Time Index39.50
Restaurant Price Index50.99
Property Price to Income Ratio17.14
Climate Index89.65
Safety Index82.77
Traffic CO₂ Index931.00
Traffic Inefficiency Index114.68
Rent Index18.13
Health Care Index33.33
Traffic Index119.12
Pollution Index34.48
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ParametersKotor
Restaurants
Meal, Inexpensive Restaurant$ 13.48
Meal for 2 People, Mid-range Restaurant, Three-course$ 53.94
McMeal at McDonalds (or Equivalent Combo Meal)$ 8.63
Domestic Beer (0.5 liter draught)$ 3.24
Imported Beer (0.33 liter bottle)$ 3.24
Coke/Pepsi (0.33 liter bottle)$ 2.16
Water (0.33 liter bottle) $ 1.62
Cappuccino (regular)$ 2.44
Markets
Milk (regular), (1 liter)$ 1.46
Loaf of Fresh White Bread (500g)$ 0.93
Eggs (regular) (12)$ 2.97
Local Cheese (1kg)$ 8.25
Water (1.5 liter bottle)$ 0.79
Bottle of Wine (Mid-Range)$ 8.09
Domestic Beer (0.5 liter bottle)$ 1.17
Imported Beer (0.33 liter bottle)$ 1.73
Cigarettes 20 Pack (Marlboro)$ 3.88
Apples (1kg)$ 1.23
Chicken Fillets (1kg)$ 6.94
Oranges (1kg)$ 1.45
Potato (1kg)$ 0.98
Lettuce (1 head)$ 1.27
Rice (white), (1kg)$ 2.32
Tomato (1kg)$ 2.39
Banana (1kg)$ 1.88
Onion (1kg)$ 1.20
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 11.70
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 129.99
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 29.12
$ 18.10
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 943.93
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate6.05
Transportation
Gasoline (1 liter)$ 1.62
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 28 048.10
Taxi Start (Normal Tariff)$ 0.65
Taxi 1km (Normal Tariff)$ 1.46
Taxi 1hour Waiting (Normal Tariff)$ 11.87
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 24 811.78
Sports And Leisure
Cinema, International Release, 1 Seat$ 5.39
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 77.48
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 35.96
1 Pair of Nike Running Shoes (Mid-Range)$ 93.49
1 Pair of Men Leather Business Shoes$ 104.44
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 254.76
International Primary School, Yearly for 1 Child$ 7 012.03
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
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CityKotor
TypeLand
Living space555 m²
  • sq. ft
Price
  • Price
  • per m²
$ 708 305