Prime Development Land for Sale — Šušanj, Bar

Property description

An outstanding investment opportunity in Šušanj, Bar, one of the fastest-growing coastal areas of Montenegro. This expansive 6,794 m² development site comprises three urban plots, positioned for large-scale residential, mixed-use, or hotel development.

The location offers excellent accessibility, strong tourism demand, and panoramic surroundings — ideal for investors seeking a high-value project along the Montenegrin coast.

Urban Plot Overview

Urban Plot UP 70

• Area: 2,148 m²

• Permitted GBA: 7,518 m²

• Planning coefficients:

  • Occupancy index (I): 0.4

  • Construction index (II): 3.5

• Permitted height: 5 to 9 floors

• Documentation: Urban-Technical Conditions obtained

• Composition: includes two private parcels + a small state-owned section (approx. 50–60 m²)

Urban Plots UP 68 & UP 80

• Urban-Technical Conditions pending

• Same planning coefficients as UP 70

• Ownership structure:

  • UP 68 – owners hold 34% according to cadastre

  • UP 80 – owners hold 75%

• Graphic plans showing the overlap of cadastral and urban parcels are available in the project folder.

Pricing

• UP 70 only: €1,900,000

• Entire 6,794 m² property: €4,200,000

Key Advantages

• Large, contiguous land ideal for major development concepts

• High permitted buildability and urban density

• Located in a rapidly developing zone of Bar, close to the sea, main roads, and essential infrastructure

• Strong potential for residential complexes, tourist apartments, mixed-use buildings, or hospitality projects