This land of 7,188 m² for residential construction is located in the lower part of the southeastern slope of Mount Spas, just above the Old Town of Budva, with a panoramic view of the Budva Riviera, the beaches and the Old Town. The plot is included in the studio about the location. The existing road leads to the upper part of the site. City utilities are connected to the location. Neighboring plots owned by foreign investors include the planned or currently ongoing construction of luxury residential and tourist complexes. The land is owned by a Montenegrin company. There are no encumbrances. Urban parameters The plot includes a separate urban plot intended for the construction of a tourist complex. The remaining area of ​​the site contains access roads, which are included in the property. Urban plot of 6,018 m²:

• Purpose: "Tourist complex"
• Occupancy factor: 0.3
• Building factor: 0.8
• Maximum number of floors: 5 (2S+D+2)
• Land area under buildings: 1,805 m²
• Area of ​​buildings according to DUP: 4,815 m²
• The total construction area is up to 8,500 m² (taking into account the possibility of building two levels of basement floors provided by the DUP, the area of ​​which is not included in the gross construction area).
• Geological surveys were carried out. Commencement of project planning is approved.

There is a possibility of further development (expansion) of the project by purchasing an adjacent plot with a total area of ​​7,000 m² with the same urban parameters.