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Morinj Villa Community Ready-to-build plots for individual houses in beautiful seaside village of Morinj, in the Bay of Kotor, Montenegro.

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Presentation on theme: "Morinj Villa Community Ready-to-build plots for individual houses in beautiful seaside village of Morinj, in the Bay of Kotor, Montenegro."— Presentation transcript:

1 Morinj Villa Community Ready-to-build plots for individual houses in beautiful seaside village of Morinj, in the Bay of Kotor, Montenegro

2 2 Summary of Morinj Villa Community  Fully urbanised, ready-to-build plots of ~800m2, with road and all utilities already present, in exclusive master-planned community, 100 – 200m from sea, with sea views & views of Perast islands  Each plot urbanised to allow construction of a single building of up to ~720m2 (90% coefficient) – allowing construction of a single villa, two or three terraced houses, or a house with 4 – 8 apartments, all with private pool and garage space  Picturesque Morinj is the location of Catovica Mlini, best restaurant on the bay. Morinj is near to UNESCO protected towns of Perast (10mins) and Kotor (25 mins). Access from Tivat (30mins) or Dubrovnik (60mins) airports. New road to mountains will connect Morinj to ski resorts in less than 2hrs  Chose from a selection of pre-existing designs. Full project management service offered from one of Montenegro’s leading developers. Management will ensure that all development is high quality and appropriately designed  Foreign individuals (of any nationality) can now buy building plots directly in their own name View from plot Example villa design

3 3 Location of Morinj Villa Community

4 4 Morinj – views of village

5 5 About Morinj village and the Bay of Kotor Kotor Bay, is a place of stunning natural beauty; the southern-most Fjord in Europe - a vast butterfly shaped expanse of water surrounded by breathtaking mountain scenery. Boka Kotorska is remarkable for its wonderful coastal scenery and the many pretty villages and towns that dot the shore line. Long before it was designated a UNESCO World Heritage Site in 1979, the Bay has been a magnet for sailors, traders and sightseers alike. The beautiful village of Perast is littered with the palaces of 17th century Venetian merchants, each vying for the best view over to the beautiful island monastery of St. George. Both Perast and its island are visable from the Morinj site. The seaside village of Morinj lies halfway between the major towns of Herceg Novi and Kotor. A picturesque hamlet of traditional stone houses, Morinj is known for its lush green mountain slopes, old watermills and network of interconnected springs, known as Little Venice. It is also the location for one of the best restaurants in Montenegro, the stunning Catovici Mlini. Morinj is near to UNESCO protected towns of Perast (10mins) and Kotor (25 mins). It is an easy drive from both Tivat (30mins) or Dubrovnik (60mins) airports. New road to mountains will connect Morinj to ski resorts in less than 2hrs. Little Venecia spring channels Morinj's old mills Islands of Perast

6 6 Details of individual plots Plot # Plot area, m2 Max Building Footprint, m2 Max Gross Built area, m2Floors Unit Price, € Plot Price UP a114 800 240 720Bmt+Gnd+1st+Attic125€ 99,994 UP a113 882 265 794Bmt+Gnd+1st+Attic125€ 110,250 UP a112 862 259 776Bmt+Gnd+1st+Attic125€ 107,800 UP a111 761 228 685Bmt+Gnd+1st+Attic125€ 95,140 UP a110 770 231 693Bmt+Gnd+1st+Attic125€ 96,213 UP a109 827 248 744Bmt+Gnd+1st+Attic125€ 103,375 UP a108 783 235 704Bmt+Gnd+1st+Attic125€ 97,819 UP a107 777 233 699Bmt+Gnd+1st+Attic125€ 97,095 UP a106 795 238 715Bmt+Gnd+1st+Attic125€ 99,321 UP b84 572 143 458Bmt+Gnd+1st+Attic80€ 45,784 UP b85 553 138 443Bmt+Gnd+1st+Attic80€ 44,274

7 7 Layout of Morinj Villa Community

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10 10 Expected costs

11 11 Forecast timeline ActivityWeeks Cumulative weeks Buy plot and register ownership22 Agree concept design46 Obtain Location Permit410 Detailed design818 Obtain Building Permit422 Agree price & specification with builder426 Construction2450 Total process from purchasing plot to completing home will take less than 1 year

12 12 The Project Manager is a leader in Montenegro coastal developments  The Project Manager has been operating in Montenegro since 2005 and is one of Montenegro’s leading coastal property developers  British-owned and managed, the Project Manager has an experienced team based in their full staffed Montenegro office  They have already completed a number of impressive & award winning developments on the Montenegrin coast, photos are shown opposite Examples of projects completed by the Project Manager

13 13 Examples of villa design

14 14 Montenegro background: The Bay of Kotor

15 15 Montenegro background: Stunning coastline


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