Type: Land For Sale District: Budva Location: Stari Grad Address: Budvanska Rivijera, Montenegro Price: €1.225.000 Land Area: 24.500 m2
Description: We offer for sale a large land plot on a cascading slope above the Budva Riviera. This is a forested area in the mountainous suburb of Budva, offering panoramic views of the Adriatic Sea while providing quick access to the coast. The plot is suitable for an investor ready to enter the project at the land stage and wait for a change in its zoning designation.
Features
• Area: 24,500 m²
• Topography: cascading slope, forested area
• View: sea view (according to the owner, panoramic views are available from the entire property, stretching from Saint Stefan to the Old Town of Budva)
• Access: from the Budva–Cetinje highway
• There are no buildings on the plot; only the land is being sold
• Status: the plot is not urbanized; a change in zoning is expected after the adoption of Budva's new spatial plan
• Price: €50/m², total cost €1,225,000
Development Concept
• Under the new zoning, the owner plans to build 10–20 villas with supporting infrastructure
• The cascading topography allows houses to be positioned so that each offers a sea view
• Within the concept, one could consider a restaurant with a sea view, spa and wellness facilities, and sports areas for guests and resid...