Overview
- Updated On:
- November 20, 2021
- 2,381.00
Construction project of condo hotel “The old olive tree” with 4 *
Location: Herceg Novi, Baosici. The whole plot has an area of 2381 sq meters. It has 2 owners.
Description: The plot is located in the center of Baosici, right below the road, 80 m from the sea. It’s a really nice place surrounded with old olive trees and new luxury villas.
It has a road, water, electricity and sewer connections, geological and geodetic reports, concept design and a bulding permit for the plot which passed through the Ministry of Sustainable Development.
It has a road, water, electricity and sewer connections, geological and geodetic reports, concept design and a bulding permit for the plot which passed through the Ministry of Sustainable Development.
Purpose: Construction of residential condo hotel.
The recommended project is designed for a building with 5 floors (one of them being undeground, for garages and technical rooms), with 3776 gross square meters.
The 2440 neto square meters include a residential area, a 100 sq meters restaurant, shops, a beauty salon, a 100 sq meters bar, 810 sq meters for garages, a 120 sq meters swimming pool. The plot is fenced and has its own driveway.
The concept design, extended and priced bill of quantities and the techno-economic analysis are verified and accepted by the Ministry of Construction.
The basic idea is to build this condo hotel as a special, luxuriously furnished hotel for well-off seniors with the possibility of buying or renting annually, with provided medical supervision and meals.
According to the techno-economic analysis, the investment value is 4,352,329 euros (equipment and furniture not included) .
Different forms of cooperation are also possible: joint construction, joint-stock company, purchasing the plot etc.
The price for the plot is 780.000 Euros.
Documents
Property Id : 21345
Price: 750,000 €
Property Size: 2,381.00
