Realitica classifieds

Premium Development Project with Architectural Concept, Reževići

Type: Residential Lot For Sale
District: Budva Okolina
Location: Reževići
Price: €950.000
Land Area: 2.278 m²
From Shore (m): 900

Description: Reževići, Montenegro | Development Project

A premium tourist apartment development project is offered for sale in Reževići - one of the most prestigious locations on the Montenegrin coast.

The offering includes two urbanized land plots with a total area of 2,278 m², accompanied by valid UTU and an architectural concept for the future complex.

Key Project Parameters:

Land area: 2,278 m²
Building Height: B + GF + 1
20 premium apartments, garage, SPA and fitness area, pool and landscaped green areas, Panoramic sea views

The average sales price of new properties in Reževići currently ranges from €4,500 to €8,000 per m². For a well-executed project, the expected average sales price is estimated at €5,500–€6,500 per m², with further growth potential by the time construction is completed.

The project represents an attractive opportunity for developers and investors seeking to develop a boutique tourist apartment complex in the premium segment.