Description

An exceptional investment opportunity in one of Montenegro’s most prestigious coastal locations. This 800 m² development plot is situated only 100 meters from Portonovi Resort, offering outstanding development potential and breathtaking sea views.

With a valid building permit, approved project, and all development fees already paid, this property is fully prepared for immediate construction, making it a rare turnkey investment opportunity.

Location: Near Portonovi, Herceg Novi
Land Size: 800 m²
Price: €750,000
Distance to Portonovi: 100 m
View: Panoramic sea view
Status: Ready for immediate development

Development Potential

The property comes with:

✔ Valid building permit
✔ Approved architectural project
✔ Gross construction area of 1,400 m²
✔ All municipal and development fees paid
✔ Immediate construction readiness

This significantly reduces development timelines and investment risk.

Prime Location

Located in one of the fastest-growing luxury destinations on the Adriatic coast:

100 m from Portonovi Resort
Close to luxury marinas and beaches
Excellent connectivity to Tivat and Kotor
Surrounded by high-end residential and hospitality developments

Investment Highlights

✔ Building permit already obtained
✔ Approved project included
✔ 1,400 m² development capacity
✔ Spectacular sea views
✔ Walking distance to Portonovi
✔ One of Montenegro’s strongest luxury markets
✔ Immediate construction opportunity

Ideal For

Luxury apartment development
Boutique hotel project
Branded residences
Holiday rental investment
Long-term real estate development

FAQ — Development Land Near Portonovi

1) What is for sale?
An 800 m² development plot near Portonovi.

2) How far is Portonovi?
Approximately 100 meters.

3) Does the property have a building permit?
Yes, a valid permit is included.

4) Is there an approved project?
Yes, a completed project is included in the sale.

5) What is the permitted construction size?
Approximately 1,400 m² gross build area.

6) Are development fees paid?
Yes, all associated costs have been settled.

7) Does the property have sea views?
Yes, spectacular panoramic sea views.

8) Is it ready for immediate construction?
Yes.

9) Is this a good investment?
Yes, it is a rare ready-to-build opportunity in a prime luxury location.

10) Why is this property unique?
Its proximity to Portonovi, approved project, paid fees, and immediate development readiness make it highly attractive for investors.