SOLD Waterside Development,Outline Planning Permission H.Novi, Sutorina, Montenegro

Permissions suggest that on this plot of 620 m2 a build density of 80% is allowed on 3 levels,  therefore a building of up to 500m2 could be erected. Even in these more dificult times, a prime location like this will sell for €2-4km2 (€2k for a basic build quality and a pessimistic view on sales, €4k a more realistic view but built to a luxury standard as a villa or luxury apartments). It's fairly easy to do the maths and see that this is a developers or self builders dream. Plots in this type of location come on the market seldomly.  Our sister company ntDesign.me is avalaible to give you ideas of pricing and designs.