Property Description

Budva, Kuljace – Urbanized plot in quiet area for condominium project for sale

This is probably the best coastal real estates listing in Montenegro in the category «Quiet areas development plots», located on 300m elevation with view of Budva and surrounding mountains. Kuljace is located close to the most exclusive areas of the Budva coast: Milocer, Przno, Sveti Stefan. Town Budva is located 10 minutes drive from the plot.

This constriction plot is only 2 kilometres ride to the main road (Adriatic highway or Jadranski put) and 5 kilometres to Budva centre, 3 kilometres to Becici and Sveti Stefan. Kuljace village is located on the hillside of Pastrovica mountain that separates seaside from the northern areas of Montenegro. The closest beach Kamenovo is five minutes drive away.

Construction plot parameters:

• Plot area: 14,551m²
• Gross Development Area: 6,761m²
• Floors: GF+1
• Green area: 11,846m²

This asset has a land area of 14,551m2, in a large “amphitheatre” configuration. In geographic terms, the site is split into a flatter section at the lower front and a steep section towards the upper rear.  The total Gross Development (Build) Area (GDA) of the asset is 6,761m2 in 21 objects – villas, townhouses or apartments.

1. Upper Zone  – “Apartments”

• Land area: 6,851m2
• GDA: 2,863m2 in 9 buildings. Maximum unit (apartments) number 30.

2. Lower Zone  – “Villas/Townhouses“

•  Land area: 7,700m2
• GDA – 3,898m2 in 12 villas objects

Low occupancy index allows the investor to utilize green surrounding and develop the project with an accent on nature, views and wellbeing.

The existing concept envisions the complex of villas and apartments for sale with SPA centre, pool and similar amenities. The investor is free to develop his own planning concept. This land is suitable for both – touristic and residential planning concept, with nature and wellbeing a cornerstone of the concept.

This is for sure one of the best locations for projects in Budva up-hill surroundings.