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Ruins in Perast, Montenegro

Location
Perast
Unit ID
14234
Unit area m2
228 m2
Land Area m2
269 m2
Deal Type
Sale
Price
270 000 €
Parking lot
Distance to sea (m)
200

Ruins of 3 old stone houses located in a picturesque ancient town of Perast.
This town is under UNESCO protection as a World Historic Heritage site.
Land here is very expensive as new construction is strictly prohibited. The only option available for investors is restoration of the existing houses and ruins.

The property is located just few minutes walk to the sea near the central square and temple.

The plot offers stunning view on the amazing Boka Bay.
The renovation project is prepared. Construction permit is in place.

First house includes:
1st floor with an area of 29,19 sq m.
2nd floor with an area of 28,91 sq m.
3rd floor with an area of 28,80 sq m.

Second house includes:
1st floor with an area of 29,60 sq m.
2nd floor with an area of 29,35 sq m.
3rd floor with an area of 29,93 sq m.

Third house includes:
1 floor with an area of 26,06 sq m.
2 floor with an area of 26,36 sq m.

This offer possesses high investment potential.
A boutique hotel property of 7 rooms could be developed, with a ROI of 7-8% per annum. 

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