Commercial property with high investment potential in the prestigious area of Kalimanj, Tivat

Description

This registered two-story residential building with commercial space, totaling 242 m², is for sale on a 369 m² plot in Kalimanj, one of Tivat's most sought-after neighborhoods. The property is located just 30 meters from the beach and promenade, in close proximity to Porto Montenegro, making it an attractive choice for both business and investment.

Currently, the ground floor is a successful restaurant, while the second floor is used as residential space. The layout includes five rooms, two bathrooms, and two guest toilets. Private parking is available in front of the building.

The property's main advantage is its current urban technical conditions (UTC), which allow for a building with a maximum floor area of P+2+Pk. The maximum permitted gross development area is 356 m², opening up ample opportunities for renovation, expansion of an existing business, the creation of a boutique hotel, an aparthotel, a residential complex with commercial space, or luxury rental properties.

The spacious terrace offers a beautiful view of Tivat Bay, and the unique location ensures high tourist flow and excellent marketability.

Main characteristics:
• Total area of the house: 242 m².
• Plot area: 369 m².
• 2 floors.
• 5 rooms.
• 2 bathrooms.
• 2 guest toilets.
• Private parking.
• The beach is only 30 meters away.
• District Kaliman, Tivat.
• Registered property with clean documents.
• Current UTUs.
• Possibility of increasing the number of floors to P+2+Pk.
• Maximum permitted area of the facility: 356 m².
• Excellent investment opportunity in one of the most prestigious locations in Montenegro.

This property represents a rare opportunity on the market, combining a prestigious seaside location, an existing commercial business and significant potential for further development and increase in property value.