11206m² Land for sale in Kotor, Montenegro by Astra Real Estate No. 67028

Property description

This land for sale is located in untouched nature near the bay Bigova, in the village Glavaticici. Only 18km from Old town Kotor, which is protected by UNESCO as a world cultural and natural heritage, you will find this plot .in greenery, on a hillside, with an enchanting view of the open sea.

The size of the land is 11.206 m2, with a total gross build area of 3.032 m2. A luxury tourist complex could spring up on this plot in the future, because the service of the chief state architect gave its consent to the conceptual design of the Glavaticici tourist settlement.

With the conceptual design of the landowner is planned construction of seven villas and a hotel. The hotel will consist of a restaurant, wellness & spa, congress center, playground for children. Each villa will consist of three bedrooms, a swimming pool, and a private yard.

Although this plot is located separate from large urban areas, it has a good connection with three airports - Tivat 16km, Podgorica 83km, and Dubrovnik 68km, and Porto Montenegro marina for superyachts (20km).

At a time when people fleeing overcrowded tourist places are looking for peace and the opportunity to enjoy the nature and beauty that the Montenegrin coast offers, this land together with the prepared design concept is a great investment opportunity. Give us a call or write an e-mail, for all further details and information you need.

Property features
* Peaceful area
* Sea View

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Parameters	Kotor
Rent Per Month
Apartment (1 bedroom) in City Centre	$ 646.83
Apartment (1 bedroom) Outside of Centre	$ 628.86
Apartment (3 bedrooms) in City Centre	$ 1 293.65
Apartment (3 bedrooms) Outside of Centre	$ 1 257.72
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre	$ 3 773.16
Price per Square Meter to Buy Apartment Outside of Centre	$ 2 695.11

Parameters	Kotor
Crime Index	17.23
Traffic Commute Time Index	39.50
Restaurant Price Index	48.60
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	18.73
Health Care Index	33.33
Traffic Index	119.12
Pollution Index	34.48

Parameters	Kotor
Restaurants
Meal, Inexpensive Restaurant	$ 14.01
Meal for 2 People, Mid-range Restaurant, Three-course	$ 53.90
McMeal at McDonalds (or Equivalent Combo Meal)	$ 8.89
Domestic Beer (0.5 liter draught)	$ 3.23
Imported Beer (0.33 liter bottle)	$ 3.23
Coke/Pepsi (0.33 liter bottle)	$ 2.10
Water (0.33 liter bottle)	$ 1.38
Cappuccino (regular)	$ 2.46
Markets
Milk (regular), (1 liter)	$ 1.36
Loaf of Fresh White Bread (500g)	$ 0.94
Eggs (regular) (12)	$ 2.96
Local Cheese (1kg)	$ 8.21
Water (1.5 liter bottle)	$ 0.79
Bottle of Wine (Mid-Range)	$ 7.01
Domestic Beer (0.5 liter bottle)	$ 1.15
Imported Beer (0.33 liter bottle)	$ 1.71
Cigarettes 20 Pack (Marlboro)	$ 3.93
Apples (1kg)	$ 1.29
Chicken Fillets (1kg)	$ 7.60
Oranges (1kg)	$ 1.45
Potato (1kg)	$ 0.94
Lettuce (1 head)	$ 1.63
Rice (white), (1kg)	$ 2.26
Tomato (1kg)	$ 2.39
Banana (1kg)	$ 1.72
Onion (1kg)	$ 1.04
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	$ 11.31
Transportation
One-way Ticket (Local Transport)	$ 1.62
Gasoline (1 liter)	$ 1.61
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	$ 26 951.13
Taxi Start (Normal Tariff)	$ 0.65
Taxi 1km (Normal Tariff)	$ 1.08
Taxi 1hour Waiting (Normal Tariff)	$ 9.16
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	$ 24 795.04
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment	$ 115.35
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	$ 30.09
	$ 17.13
Salaries And Financing
Average Monthly Net Salary (After Tax)	$ 943.29
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.93
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult	$ 29.55
Cinema, International Release, 1 Seat	$ 5.39
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)	$ 73.52
1 Summer Dress in a Chain Store (Zara, H&M, ...)	$ 44.92
1 Pair of Nike Running Shoes (Mid-Range)	$ 91.22
1 Pair of Men Leather Business Shoes	$ 105.65
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	$ 291.07
International Primary School, Yearly for 1 Child	$ 7 158.22

11206m² Land in Kotor, Montenegro No. 67028

Property description

Location

Outdoor features