Hello Olly,
Though is smaller than requested..
25 000 m2 land in most exclusive area of Montenegro,close to Budva and Sveti Stefan.
It has exit to the sea and very close to one of the most beautifully beaches named Drobni pijesak.
Owner sells 50% of company which owns that peace of land together with smaller one of 2600 m2. Entrance capital for investor will be app. 3.6 milions for the land and around another 3 milions to bring in company for building purposes. ROI for investor at the end is estimated to 146 %. Estimated selling price for apartments in that area is around 4000 Euro / m2.
There is supposed to build 20 000 m2 of apartments, boutique hotel or similar aproximately 5000 m2, and marina.
if interested I can provide you with detailed business plan for the land.
Please note that business plan do not include hotel, which can be build and operated by company, rented, or that peace of land sold lately.
MLS
regards
MLS
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