HRK980 Plot of land Budva

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HRK980

(EUR 130)

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Plot of land
For Sale
Budva
Croatia

Land for sale. Area of the land: 880m2, 3900m2, 1560m2. Total area: 6340m2. There is approved detailed plan for construction of villa-apartment on the riviera of Budva with stunning sea views and n in the vicinity of the pile-Tudorovici which is located 6km from Budva town. All the plots of land abut each other .
According to the detailed plan there is possible construction of 8 separate objects or one complex of the same area.
There is allowed construction of the 3 floored building of 190m2 on the land which area is 880m2.
The construction of 3 floored 5 buildings of 150м2 is allowed on the land which area is 3900m2.
The construction of 4 floored 2 buildings of 160м2 is allowed on the land which area is 1560m2.
The built up area occupies 20-22% of the land, altitude - three floors, total area of constructions- 4200m2. Plots are located by the asphalted road which is at the distance of 1200 m from the sea. There are all the engineering networks. If you know the terrain between Budva and Petrovac well, then you know that the pile Blizi is one of the most promising places with developed infrastructure. Prices of the properties for sale on this land are 1500-2000eur/m2 at the moment. The price before the crisis for the same properties was 5000eur/m2 .
Prime cost of constructions is 400-500eur m2. +196 eur what is the price of 1m2 of the land. Approximate cost of the construction is 800eur/m2. Total estimated cost of building is 3360000eur.
Sale 6300000eur-3360000 = 2940000eur-the expected profit.
Sale of plots separately is possible.
The land for sale for 130eur/m2.

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