Land / House

Prime Mixed-Use Property with New Development Potential – Kalimanj, Tivat

Situated just 50 meters from the beach in the charming and highly sought-after neighborhood of Kalimanj, this property presents a rare investment opportunity in one of Tivat’s most desirable coastal areas. Its prime location places it within walking distance of the town center, Porto Montenegro, shops, cafes, and all essential amenities, making it attractive for both developers and private buyers.

The existing building is a mixed-use structure with a total area of 141m², including extra 121 m² of enclosed space and a 20 m² terrace. It spans two levels (ground floor + one floor) and features a flat roof, allowing for vertical expansion. The ground floor now houses a newly renovated restaurant, adding immediate commercial value to the property.

According to the 2025 Urban-Technical Guidelines (UTU), the property offers excellent redevelopment potential:

Maximum allowed gross construction area (BRGP): 356 m²

Permissible footprint coverage: Up to 40% of the plot

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

The guidelines allow for multiple development options. Investors can either renovate and expand the existing building by adding a second floor and an attic or demolish the current structure to construct a brand-new development that takes full advantage of the plot’s buildability.

Whether envisioned as a residential complex, a mixed-use building with commercial space on the ground floor, or a combination of apartments and hospitality facilities, this property’s location and flexible planning parameters make it a standout opportunity.

Price: 1,500,000 euros

For more details or to arrange a viewing, please contact:

📞 +382 68 029 991

📞 +382 68 014 729

📧 objektarealestate@gmail.com

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