1070m² Land for sale in Kotor, Montenegro by Astra Real Estate No. 67021

Property description

This plot for sale is located in Perast, in Kotor municipality.

Perast, as an absolute highlight of the bay of Kotor, is also one of the most beautiful baroque towns in Montenegro. As a former sailor center, it still shines with marvelous buildings, pretty churches, and a romantic waterfront.

Nevertheless, the main attractions of Perast, and also the most famous postcard motif of Kotor Bay, are the 2 offshore church islands - of St.George and Our Lady of the Rocks. The whole city of Perast is under the protection of the Directorate for the Protection of Cultural Heritage.

The property we present to you is located in the city center of old town Perast, with the walls of two old buildings on the plot and an old stone well that is in operation.

The plot area is about 1.070m2 and the allowed gross living area of facilities which are defined by the obtained urban and technical conditions is a minimum of 300m2.

The defined floor is ground+first floor+attic, with visions for two buildings whose walls exist on the plot, with the possibility for a third building.

In addition to the residential function, there is also the possibility for tourist and catering facilities.

Apart from the all mentioned above, this plot is important for the existence of a unique tower of the oldest city center of the old city of Perast (the site of which was the subject of proceedings in the Institute for the Protection of monuments).In addition to the existing plot, there is also a project of conceptual design for the reconstruction and restoration of old walls. This property is completely free of legal charges and limitations.

The nightlife and bustle of the Old Town of Kotor are only a 15-minute, while the luxurious Porto Montenegro Marina with all its attractions is only a 25-minute drive awayArriving and departure from your new home on the Mediterranean will not be a big deal as there are three airports nearby - Tivat 20km, Podgorica 97km, and Dubrovnik 80km.

Thanks to such a good location, the value of the plot, as well as the real estate on it, will only grow over time.

Do not hesitate to contact us for more information.

Property features
* Cultural heritage site
* Sea View
* Urbanized

Parameters	Kotor
Rent Per Month
Apartment (1 bedroom) in City Centre	$ 632.67
Apartment (1 bedroom) Outside of Centre	$ 615.10
Apartment (3 bedrooms) in City Centre	$ 1 265.34
Apartment (3 bedrooms) Outside of Centre	$ 1 230.19
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre	$ 3 690.57
Price per Square Meter to Buy Apartment Outside of Centre	$ 2 636.12

Parameters	Kotor
Crime Index	17.23
Traffic Commute Time Index	39.50
Restaurant Price Index	47.69
Property Price to Income Ratio	17.14
Climate Index	89.65
Safety Index	82.77
Traffic CO₂ Index	931.00
Traffic Inefficiency Index	114.68
Rent Index	18.05
Health Care Index	33.33
Traffic Index	119.12
Pollution Index	34.48

Parameters	Kotor
Restaurants
Meal, Inexpensive Restaurant	$ 13.71
Meal for 2 People, Mid-range Restaurant, Three-course	$ 52.72
McMeal at McDonalds (or Equivalent Combo Meal)	$ 8.44
Domestic Beer (0.5 liter draught)	$ 3.16
Imported Beer (0.33 liter bottle)	$ 3.16
Coke/Pepsi (0.33 liter bottle)	$ 2.10
Water (0.33 liter bottle)	$ 1.58
Cappuccino (regular)	$ 2.35
Markets
Milk (regular), (1 liter)	$ 1.42
Loaf of Fresh White Bread (500g)	$ 0.91
Eggs (regular) (12)	$ 2.94
Local Cheese (1kg)	$ 8.07
Water (1.5 liter bottle)	$ 0.77
Bottle of Wine (Mid-Range)	$ 7.91
Domestic Beer (0.5 liter bottle)	$ 1.17
Imported Beer (0.33 liter bottle)	$ 1.69
Cigarettes 20 Pack (Marlboro)	$ 3.80
Apples (1kg)	$ 1.21
Chicken Fillets (1kg)	$ 6.78
Oranges (1kg)	$ 1.42
Potato (1kg)	$ 0.96
Lettuce (1 head)	$ 1.24
Rice (white), (1kg)	$ 2.27
Tomato (1kg)	$ 2.30
Banana (1kg)	$ 1.84
Onion (1kg)	$ 1.13
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	$ 11.56
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment	$ 112.83
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	$ 28.81
	$ 17.66
Salaries And Financing
Average Monthly Net Salary (After Tax)	$ 922.64
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	6.05
Transportation
Gasoline (1 liter)	$ 1.58
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	$ 27 415.69
Taxi Start (Normal Tariff)	$ 0.63
Taxi 1km (Normal Tariff)	$ 1.42
Taxi 1hour Waiting (Normal Tariff)	$ 11.60
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	$ 24 252.34
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult	$ 28.90
Cinema, International Release, 1 Seat	$ 5.27
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)	$ 74.87
1 Summer Dress in a Chain Store (Zara, H&M, ...)	$ 35.15
1 Pair of Nike Running Shoes (Mid-Range)	$ 92.26
1 Pair of Men Leather Business Shoes	$ 104.97
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	$ 261.18
International Primary School, Yearly for 1 Child	$ 6 853.92

1070m² Land in Kotor, Montenegro No. 67021

Property description

Location