Building plot of land for sale, Kumbor, near Porto Novi, with view on the sea

For Sale № S875 EXCELLENT LAND NEAR PORTO-NOVI WITH GREAT INVESTMENT POTENTIAL! Excellent land with great investment potential due to the proximity of the best complex which is to open next year. Portonovi “One & Only” Total site area – 14 263 m2 Apartments – 14 309 m2 Total garage construction – 1 620 m2 Total construction including garages – 16 403 m2 Sellable construction – 11,993 m2 Spa & Restaraunt – 474 m2 Total apartments – 102 Total underground car parking – 64 Units : 9 x 1 bedroom 77×2 bedrooms 16×3 bedrooms Size: 75-165 m2 Kumbor – Herceg Novi Our project is a touristic development of 102 apartments set on 14,263 m2 of land. The resort will be the first development of its size and type in the area offering a pedestrianised environment with penthouses, duplexes with large roof terraces, open plan apartments with large balconies and underground parking, 3 external swimming pools, spa with indoor swimming pool and an integrated restaurant. The development provides potential for 5* condo hotel. Our project is located on the edge of the Boka Bay, just above the 24 ha Portonovi luxury 5* resort and marina, which houses Europe’s first One&Only Resort, one of the largest hotel and leisure developments on the Adriatic coast. Tivat airport, and Dubrovnik airport in Croatia, are 45 minutes drive from our project Project position on the side of a hill at the entrance of the Boka Bay provides a breathtaking view from each unit of the resort. It is expected that our project will be able to command a premium over other developments in the area and still be at a substantial discount to Portonovi, while providing similar quality of finish. It benefits from full planning and designs It is expected that construction could commence within 4 months of purchase (potentially Q4 2019). The project can be partly or fully converted to hotel and leisure development which should meet the requirements for the Citizen by Investment Program.