Realitica classifieds

Residential Lot For Sale, Reževići

Type: Residential Lot For Sale
District: Budva Okolina
Location: Reževići
Price: €650.000
Land Area: 2.551 m²

Description: p9731 Building land for the construction of a hotel and a villa, Reževići
For sale, an urbanized plot with a total area of ​​2551 m2, which consists of 2 plots on which there is construction.
It is located in the Krstac settlement in Reževići. Two access roads to the plot. Open sea view in all directions.

1. On the first plot of land of 1429m2, according to the valid planning document, it is possible to build a hotel with a total gross floor area of ​​1750m2, surface under the building up to 500m2, floors S+F+2.
The current owner owns the conceptual design of a 4* hotel with an area of ​​1555m2 with 14 apartments, 3 luxury apartments up to 91m2, a restaurant, an infinity pool, a spa, a gym and 16 parking spaces.
The project can be purchased with a subsequent price agreement.

2. On the second plot of 1122m2, according to the valid planning documentation, the construction of a tourist villa is allowed with a maximum BRGP of 510m2 (plus underground floors that are not included in the calculation of BRGP) and plot occupancy up to 170m2, on three floors (P+2)
The possibility of buying a conceptual project for the construction of a villa.

The location is recognized by investors as ideal for the construction of luxury real estate. It is only 200 meters from the main road and just as far from the sea, on an elevation above the sea it offers an open view of the sea and the surrounding area.