1. PROJECT TITLE

BROWNFIELD INVESTMENT – BUSINESS BUILDING 157 M² – UZICKI KORPUS 16 VIŠEGRAD

2. SECTOR

Not defined, at the investor’s choice

3. LOCATION

Municipality of Višegrad, Užice Korpus 16
Business space in the economy 157 m2
K.O. Višegrad 2: cadastral plot 1548, registered in LN number: 1432
Subplot number: 2; PDZ number: 1
Property owner: Municipality of Višegrad in part 1/1

4. BRIEF PROJECT DESCRIPTION

Brownfield location in the center of Višegrad with existing business space of 157 m² (classified in business), and a small shared yard. Ideal for adaptation in any business activity. The location on Užice Korpus Street (part of the main road through the city, near the Cultural Center, Andrićgrad and tourist flows) allows for daily traffic of local residents and tourists.

5. PROJECT DETAILS

5.1. WHAT TYPE OF PROJECT IT IS?

Brownfield (reactivation and adaptation of existing business space 157 m²)

5.2. PROJECT STATUS

Business idea / location offer phase.

  • Registered business space in the real estate cadastre
  • Facility free for adaptation (no active business)
  • Possibility of quickly issuing a building permit for adaptation/change of purpose
  • Conceptual design, feasibility study and main design – done by the investor after consolidation of ownership/purchase

5.3. REASON TO INVEST IN PROJECT

  • Central location with traffic: Užice building is part of the main road through Višegrad (near the Cultural Center, city center, Andrićgrad ~300m) → daily tourist traffic (Andrićgrad, Drina, Banja) + local population
  • Low entry costs and quick start: existing business space 157 m² → adaptation in 6–9 months
  • Tourist potential: Višegrad has hundreds of thousands of visitors per year (mostly from Serbia)
  • Low competition in small formats
  • Local resources: available labor force, possibility of combination with tourism
  • Support: The municipality supports small business and tourism
6. PROJECT FINANCING

6.1. ESTIMATED PROJECT VALUE IN EURO

The following estimates are purely informative. More information can be obtained from the Department of Spatial Planning and Housing and Communal Affairs of the Municipality of Višegrad.

  • Purchase/consolidation of ownership + adaptation of business premises: €80,000–120,000
  • Equipment, adaptation, marketing: €40,000–130,000

6.2. PLANNED SOURCES OF FINANCING

  • Fully private financing by investors (100%)
  • Possible: grants/incentives from the RS for small business, tourism and employment (ZZZRS, Ministry of Economy) or bank loans

6.3. INPUTS BY LOCAL PARTNER

  • Sale/transfer of ownership of the site (100% municipal ownership – transparent purchase)
  • Support in administrative procedures (local government/Development Agency)
  • Possible assistance with connections and permits

6.4. INPUTS BY INVESTOR

  • Financial resources for site acquisition, adaptation, expansion and equipment
  • Project management and implementation
  • Employment and business development
7. HAS PHYSICAL LOCATION FOR PROJECT IMPLEMENTATION BEEN IDENTIFIED
  • Precise location: Ulica Užičkog korpusa 16, Višegrad
  • Business premises in the economy 157 m2
  • K.O. Višegrad 2: cp 1548, registered in LN number: 1432
  • Subplot number: 2; PDZ number: 1
  • Property owner: Municipality of Višegrad in part 1/1
  • Level of supporting infrastructure: access roads (main road) electricity, water, sewage available (central zone of the city)
8. HAVE THE ACTIVITIES ON PROJECT IMPLEMENTATION ALREADY STARTED

No – except for the preparatory phase. The location is in the offer phase for investors. The facility is registered in the cadastre and free for takeover. Other activities (study, conceptual design, purchase of equipment) have not started – they are waiting for the investor.

9. PROJECT APPLICANT AND CONTACT INFORMATION

MUNICIPALITY OF VIŠEGRAD:
Address: Andrićgrad bb, 73240 Višegrad
Phone: +387 (0)58 620 586
E-mail: nacvgd@teol.net
https://opstinavisegrad.com/kategorija/nekretnine-opstine-visegrad/