Project: Hotel and Resort - Bar, Montenegro
The parcel is located on the Montenegrin coast, with a surface of 312.352 m2, out of which we own 2/3 of the aliquote part (208.234 square meters), and the other 1/3 of the aliquote part belongs to The Republic of Montenegro (104.117 square meters). The length of the coast that You will be acquiring is approximately more than ½ km. The benefits of the above-mentioned parcel are:
Water supply: the vicinity of the regional water supply, which deals with the problem of drinking water of high quality;
Electricity supply: The electricity is conducted to the neighboring parcel of the former quarry (the voltage is 10/0,4 kV);
Two ways to access the parcel;
Neighbourhood: A yacht marina and other hotel and condo complexes will be built nearby;
Co-ownership with The Republic of Montenegro: Considering that the state is interested in selling, acquiring all the necessary papers regarding the potential building would be much easier.
Regarding the ownership, there are no limitations or mortgages on the above-mentioned parcel.
The urban plan envisages construction for touristic purposes, and the ratio between hotel and apartment buildings can be modified based on projects and requests of the potential investor.
In case You are interested in buying, during Your stay in Bar, we will organize a meeting with the Mayor of Bar, during which we can answer all of Your potential questions regarding the parcel.
The price upon request.
Financials (USD)
Net Operating Income (Annual) Not Disclosed
Asking Price Not Disclosed
Converted From EUR
Exchange Rate $1.17
Cap Rate Available On Request
Additional Details
Building Area 208234.00 Square Meters
Deal Terms
Broker Co-Op? Available On Request
Seller Financing Available? Available On Request
Seller Willing To Lease? Available On Request
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.
Request Information
Want to learn more about this listing? Log in now. New to DealStream? Discover how artificial intelligence can help you find better deals! Sign up for a Free Account today and get your first Search Genius deal tomorrow.
Sign Up

