Residential Lot For Sale, Reževići
: Residential Lot For SaleDistrict
: Budva OkolinaLocation
: Katun ReževićiPrice
: €380.000Land Area
: 1.463 m2From Shore (m)
: Land for sale in Rezevici consisting of two Urban Plots. This land is ideal for construction of two luxury villas or two small apartment blocks. There is an amazing panoramic sea view from the plot. The area of Rezevici is know for its huge
potential and a number of high quality luxury developments. It is our opinion that good quality properties on this land would easily achieve sales prices of minimum €3,000 - €3,500 per square meter.The areas of these two plots are 791 and 672 square meters so the total land area amounts to 1,463 square meters. On the Plot of 791 sqm, there is a possibility to build a touristic building or a villa up to 400 sqm in size with a maximum of one level underground and two levels over ground. The maximum footprint allowance is 20% or 160 square meters that can be covered by the building. On the plot of 672 square meters, the allowed build is maximum 325 sqm while the maximum footprint is 130 sqm. The number of floors, one underground and two overground. In terms of infrastructure, there is a road leading up to the land while the electricity and water supply are located short distance from the land.