Urbanized land – Block A, Bar

This attractive urbanized land in Bar, at an exceptionallystrategic location, is for sale. It is located in the immediate vicinity of the city center and the waters of the Port of Bar. The subject location represents an excellent investment opportunity for the development of a larger residential-commercial complex, with valid planning documentation.

Basic information

• Plot area: 9,486 m²
• Location: Topolica I, Block A, Bar, Montenegro
• Allowed use: residential-commercial construction
• Total maximum GBA (Gross Building Area): up to 66,000 m²
• Allowed number of floors: from S+P+4 to S+P+17 (Basement+Ground+4 to Basement+Ground+17)
• Access to the plot: from three sides (North – Branka Čalovića Street; South – JNA Boulevard; West – New Boulevard)

Location advantages

• approximately 200 m from the marina and promenade
• approximately 500 m from the city square and the department store

Development potential

According to the available planning and conceptual documentation, the location enables the realization of a project with approximate capacities:

• 200-250 residential units
• 80-120 commercial units
• 250-300 parking spaces

According to the valid plan, the subject location is intended for the construction of a residential-commercial building.

Ground floors are intended for retail, banks, agencies, hospitality, and other service activities, while the upper floors are intended for residential use, business apartments, and other compatible facilities.

Communal contributions have been paid, and the conceptual design has been prepared (transferable with municipal confirmation)

PUZ: 325

Block A, Bar Price: On request