Sale, Land Herceg Novi Đenovići, 320 m2

Plot in Đenovići no. 1034 Plot with a house construction in Đenovići Plot in Montenegro, located in the municipality of Herceg Novi, in the resort of Đenovići, on the shore of the Bay of Kotor, with an area of 1,873 m², encompasses 65 m of the Adriatic Sea coast with its own registered pier. The ownership right to the land is registered. Currently, the construction of the house structure with an area of 320 m² + garage has been completed. The plot occupies an exceptional position: right here, the Azerbaijani state oil company Socar, in cooperation with the developer One and Only, decided to build the first hotel complex in Europe worth over 800 million euros, whose counterpart is the Porto Montenegro marina. The complex plans to have 150 luxury rooms and villas, a spa center, a tennis academy, restaurants, retail facilities, and a world-class marina. This will be the first “One and Only” hotel in Europe. One of the most famous projects by the investor is The Palm, Dubai in UAE. Due to the commencement of the hotel complex construction, the value of the plot is rising day by day. With the development of the resort infrastructure, the value will only increase. According to official data, the price of 1 m² of residential space in the Porto Montenegro area has more than tripled after the completion of construction. In the past, the Saudi prince signed a 30-year maintenance contract for his “golden fleet” of yachts with “Porto Montenegro.”