Nestled in the charming and highly sought-after neighborhood of Kalimanj, this property offers a unique investment opportunity just 50 meters from the beach. With its prime location, the property is situated within walking distance of Tivat’s vibrant town center, local shops, cafes, and essential amenities, making it an excellent choice for developers or private buyers.

The existing building on the property is a mixed-use structure with a total area of 141 m². This includes 121 m² of enclosed space, featuring a commercial area on the ground floor, and an additional 20 m² of terrace space. The current layout spans two levels (ground floor + one floor), and the structure features a flat roof, providing the option for future vertical expansion.

This property offers immense possibilities for redevelopment, either through a complete renovation of the current structure or by demolishing the existing building and constructing a brand-new one. The urban-technical guidelines allow for significant enhancements, ensuring the property can be developed to its fullest potential.

Maximum allowed gross construction area (BRGP): 369 m²

Permissible footprint coverage: Up to 40% of the plot

Maximum building height: Ground floor + 2 floors + attic (P+2+Pk)

Additionally, there is the option to expand the existing structure by adding a second floor and an attic, providing up to 100 m² of additional enclosed space. This flexibility ensures the property can accommodate a wide range of residential or mixed-use development plans.

This property is ideal for developers looking to capitalize on its premium location and mixed-use functionality or for buyers seeking to create a custom dream property in a desirable area.

For price inquiries or additional information, please do not hesitate to contact us:

+382 68 029 991

+382 68 014 729

Email: objektarealestate@gmail.com

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