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BULJARICA RESIDENCE Project

BULJARICA RESIDENCE Project
ID 17603
Location Buljarica
Land Area, м2 3659
Land Price, EUR 550 000
Gross Development (GD) ratio 0,4
Plot utilization index 0,2
Nb of storeys allowed 3
Nb of units 6
TOTAL CAPEX REQUIREMENT /EUR 1 400 000
Project timeframe, months 36
Total project revenue - base case EUR 2 400 000
Net profit - investor, EUR 1 000 000
ROI 71
IRR, % 36
Disount rate, % 8
NPV, EUR 650000

The project of new villa complex on the land plot of 3659 m2 next to the famous Adriatic spa resort Petrovac, close to the sandy beach Lučice.

 

The complex is located on the fenced and secured territory. The project includes 6 indepenent villas with swimming pool and parking space, each standing on its own land plot of 500 m2.

  • Living area of individual villas starts from 210 m2.
  • The Lučice beach, one of the best sandy beaches of Riviera Budva, is within 800 m distance.
  • Astonishing sea view from the whole territory of the complex, famous historical sight monastery Gradište is just nearby, spa resort Petrovac is 1 km away.
  • The main project is ready.
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+382 69 256 446