Overview
- Updated On:
- 03/03/2025
- 7,157.00 m2
Property Description
Budva, Reževići – Prime Development Land near the Sea with Approved Concept Design
This exceptional land opportunity in the heart of the Budva Riviera offers everything an investor could ask for – proximity to the sea, a south-facing orientation, breathtaking sea views, full utility connections on-site, and an approved concept design.
The complex is strategically positioned just below the Adriatic Highway, approximately 300 meters from the beach, providing panoramic views of one of Montenegro’s most stunning coastal areas.
Project Details:
- Total Land Area: 7,157 sqm
- Number of Buildings: 7
- Total Apartments: 49
- Floors: 3 + underground levels
- Total Net Apartment Area: 3,400 sqm
- Private Yards & Rooftop Spaces: 3,677 sqm
- Garage Spaces: 31
- Parking Spaces: approx. 20
- Amenities: SPA, Fitness Center, Swimming Pool, Reception
With the concept design already approved, the most efficient path for an investor would be to proceed with the main design and initiate development. However, there is flexibility to modify or completely redesign the project, which would require additional time and resources.
Given the project’s strong market potential, high appeal, and profitability, we strongly recommend proceeding with the approved concept design.
Price: €2.58 million / €360 per sqm
