Property Description

Budva, Sveti Stefan – Land with planning permission on the seafront

The land is located in Crvena Glavica, near Sveti Stefan.

This location is 6 km away from Budva towards the south-east. The area is one of the most attractive and exclusive in Budva Riviera due to its vicinity (and views) to iconic Sveti Stefan island (operated by Aman Resort). Due to its unique location, untouched nature and the fact that the area development goes according to recently approved urban plan (with low development index) – this area is turning into Beverly Hills of Budva Riviera with low-density construction and a lot of greenery. This is probably one of the most exclusive areas for a villa project in Montenegro.

Development parameters

Urban land area: 5,550 sqm
Development index: 1,05
Built-up area (GBA): 5,835 sqm
Floors: GF+2