AI Summary

Urbanized land plot of 5,520 m² in Kotor — an excellent opportunity for a construction project. The plot is fully prepared for development, with completed documentation and panoramic views of the sea, mountains, and the city.

SaleLand#2655UrgentGreat price

Land Plot in Kotor №2655

Current as of April 30, 2026
Kotor · Bay of Kotor
1 100 000 €
View: Sea view, Mountain view, City view

Details

Land area
5520 м²
Potential yield
20–30%3 years

Agent's forecast, not a public offer.

Urban plan (DUP)
Purpose
Residential (Stanovanje)
Floors
Ground floor + 1 + Attic
Max BGP
4416 m²
Iz
0.80
Ii
0.30
Height
9 m
Potential renders

Concept design, not binding for construction.

  • The plot has approved urban planning conditions (UTU)
  • A construction project has been developed for 8 villas (provided earlier)
  • Obtained a building permit for the first villa
  • The project can be realized as: a private residence, an investment project (sale), or a rental business

Description

We offer for sale a developed land plot with a total area of 5,520 m², consisting of three cadastral parcels. The land is fully prepared for the implementation of a construction project — all necessary documents are in order, including urban-technical conditions

Parameters: 

  • Total plot area: ~5,520
  • Building coefficient: 0.8
  • Maximum building area: up to 4,400 m²

Permitted number of floors:

  • ground floor
  • first floor
  • attic floor

Additionally, construction is allowed:

  • underground floors
  • basements
  • underground garage (not included in the area and floor limit)

According to urban conditions, construction of various types of facilities is permitted: residential buildings, apartments, villas, hotel complexes, and other types of development

Project readiness:

  • The plot has approved urban conditions (UTU)
  • A construction project has been developed for 8 villas (provided earlier)
  • A building permit for the first villa
  • has been obtained

The project can be realized as: a private residence, an investment project (for sale), or a rental business 

  • Infrastructure and utilities:
  • A road runs along the upper boundary of the plot
  • All main utilities are located along the road

Connection points will be determined after the final project is developed (depending on the number of facilities) 

Purpose and possibilities:

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
1 100 000 €
Real estate transfer tax
58 000 €
4 500 € (3% × 150 000) + 17 500 € (5% × 350 000) + 36 000 € (6% × 600 000)

Possible additional costs

  • Cadastre applicationsfrom 30 €
  • Ownership sheets (listovi) for the dealfrom 7 €
  • Sworn translator services· per contract / hourfrom 50 €
Total required costs59 619 €
Estimated costs to purchase the propertyTotal: 1 159 619 €

Location

Video2

Frequently asked questions

Yes. Foreign nationals can buy apartments and houses in Montenegro on the same terms as citizens, with full ownership rights. Restrictions apply only to certain agricultural and undeveloped land, which foreigners usually acquire through a Montenegrin company. We handle the entire legal process.
Buying costs depend on the property. Montenegro’s real-estate transfer tax is progressive — the rate depends on the value — and newly built homes are subject to VAT on the first sale. Add notary, registration and optional lawyer fees. The easiest way to get an exact figure for this property is our purchase-cost calculator.
Montenegro’s coast has strong seasonal short-term demand and growing long-term demand from people relocating. Actual returns depend on location, furnishing and management — ask us for a projection for this specific property.
Under the new law, a property purchase supports a temporary residence permit only if the property is residential and worth at least €150,000. The rules change periodically, so confirm the current requirements with us.

Calculate mortgage

Beta · still being polished
Property price
€1,100,000
yrs
5 yrs30 yrs
%
3%9%

Ставки банков

Beta · still being polished
CKB Bank
CKB Bankлучшая
фикс. на 5 лет · 7 дн
5.9%
€5,472/мес
NLB Banka
NLB Banka
плавающая Euribor + 4.2% · 10 дн
6.3%
€5,651/мес
Erste Bank
Erste Bank
фикс. на 3 года · 14 дн
6.5%
€5,741/мес
Monthly payment
€5,082
Over 240 months · at 5.0% p.a.
63%тело
Loan amount€770,000
Total interest€449,598
Loan amount
€770,000
Total interest
€449,598
Total payment
€1,219,598

Want to know how much you can actually get approved for?

< 1 minNo obligation3 banks at once

Rates shown as "from". Final offer depends on your credit profile and the bank's conditions.

1 100 000 €
2655