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19713275 - Buy a Villa in Montenegro, Herceg-Novi, Herceg-Novi

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SOLD Herceg Novi, Igalo - Villa Jovanovic SOLD

Property Information

Type: Villa Property ID: 19713275
Location: Herceg-Novi, Montenegro Added on: 31 Aug 2015
Price: £1,313,070

Short Description

Herceg Novi, Igalo Centre- Villa Jovanovic Former holiday home of Tito - Prime Location and ripe for development potential

Key Information

  • Property ID: 19713275
  • Location: Herceg-Novi
  • Property Type: Villa
  • Prices: £ 1,313,070 / € 1,500,000 / $ 1,546,200
  • Unfurnished
  • Garden
  • Balcony
  • Terrace
  • Parking

Full Description

Rarely do you discover such an oasis in the middle of any town, let alone a historic Mediterranean town in a country that's set to spring board in tourism. Set in a plot of over 2000m2 (half an acre) and enveloped in luscious Palm Trees and other local specimens including Laurel, Olive, Oleander, Eucalyptus

This historic Villa was frequented by Marshal Tito (Former ruler of Yugoslavia) in the 70's while he planned his own villa nearby. The story of this villa is fascinating and stretches from its inception in the '30s and covers love, war, intrigue and a battle of words and wits with the Government of Montenegro. For more information the full story is on the owner’s website.

The property borders on the south side with Obala Nikole Kovacevica and on the north side with Ulica Sava Ilica. Both gates have access for vehicle access.

In total the Villa is 247 square meters

Ground floor is 115 square meters

Upstairs are 4 bedrooms and 3 baths totaling  100 square meters

In addition, in the attic are 2 bedrooms and a bath, approximately 32 square meters

Auxiliary building is 96 square meters and consists of 2 apartments, kitchen facility, laundry area, and electric substation for villa’s use. There is the possibility to extend the villa and the Auxiliary building and there are permissions in place to add another villa to the front of the complex and as such it extends the possibilities of use from Boutique hotel, retirement homes, luxury apartments, medical centre, international school etc etc.

The whole parcel size is (yard and buildings) is a total of 2.111,00 m2 and the scope is immense.

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