The plot is located in close background of Velika Plaza (Great Beach of Ulcinj)
Distance from Great Beach - Hotel OTRANT IBERO STAR - 500 m
Distance from town centre 4 km
The plot has the following dimensions: 60.5 x 174 m, area 10,500 sq m
The basic infrastructure has been installed nearby
The spacious-planning documentation is in progress
The project will completely comply with the spacious-planning documentation
The basic idea is – to make a modern complex of a residential-tourist character with high quality residential and vacation structures with all facilities
The foreseen coefficient of land construction 0.4
On 4,000 sq m there will be built a total of 20,000 sq m of useful area (five levels)
On the rest of the 6,000 sq m there will be built facilities like – swimming-pools,green areas and a park, a playground and a suitable square
By building the underground garage there will be sufficient parking space
Price of the land in this part of the city is from 200 - 300euro/m2
Building price in Montenegro is up to 550 euro/sqm
Selling price of apartments is from up to 1500euro/sqm for old existing building and 2500 - 3000eur/sqm for new developments
Pleas open the attachment for google-earth images,ground photos,master plan plot position, ideas and plot map in DWG format
Why Ulcinj:
The biggest investment part in Montenegro is Ulqini/Ulcinj Great Beach. The government of Montenegro has announced the international public tender (more infos about this on web www.velikaplaza.info) . The main and must favorite investors for this are two Arab companies such is "HYDRA PROPERTIES" of Dr. Suleiman Al Fahim part of Royal Group , "Bloom International Properties" from UAE and Hungarian "TRIGRANIT" of Nathaniel Rothschild and Peter Munk. The planed investments for this zone are aprx 16bilion euros. The idea for developing of this zone is to make a touristic centers . Expectations of Montegrian government and investors is that in next years Ulcinj to be first hot spot for tourism in Europe and World.
