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Townhouse in Tivat for reconstruction

350,000 €
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Total area: 436 m² Land area: 587 m²
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Features
  • 3 floor
  • 3-floor building
  • Sea at 550 m

The house in Tivat is offered for reconstruction. The house is dry and solid, the reconstruction is not global. There are two separate projects with different reconstruction options, both made in accordance with Urban Technical Conditions (UTCs): Option№1. To convert the house into building with six separate apartments with additional space on the ground floor. In that scenario each floor would have two one-bedroom apartments with living areas of 56 to 60 m². According to preliminary calculations, total investment here including reconstruction costs would be around 900 euro per square meter. Option№2. To keep the house in its current state, i. e. divided into two townhouses. After reconstruction each half on the house would have 3 bedrooms, living room and other rooms and terraces. The townhouses’ living area would be 211 m² and 176 m². In that scenario it is also possible to buy only one townhouse for reconstruction, with prices 155.000 euro and 180.000 euro (for smaller and bigger townhouse, accordingly). Preliminary construction cost estimates are available for both options…

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Svetlana Larionova
Svetlana Larionova
Real Estate Expert Tranio in Tivat (city)
+44 20 3608 1267
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