INVESTMENT PROJECT: CLUB SETTLEMENT OF PANORAMIC VILLAS IN BULJARICA LOCATION: PERSPECTIVE AND VIEW The land is located in the upper part of Buljarica — a zone of the Budva Riviera with the most dynamic development. Thanks to its position “above the highway”, the terrain offers a panoramic view of the sea and the famous beach two kilometers long. The distance from the coast is 600 meters (10 minutes walk or 2 minutes by car). BASIC CONSTRUCTION PARAMETERS (according to UTU): Land plot area: 3,240 m² — a rare size for a coastal location. Gross construction area (BRGP): 1,300 m². Maximum number of residential units: 4 (ideal for 4 luxury villas or a smaller residential building). Number of floors: 3 levels (GF+1+Attic). Occupancy (footprint): 520 m² (or 4 buildings with a footprint of 130 m² each). INFRASTRUCTURE AND COMMUNICATIONS: Full readiness: Electricity and city water supply have already been brought to the boundary of the plot. Access: There is adequate existing access. According to the DUP, a new municipal road is planned along the lower boundary of the plot, which will in the future ensure two independent entrances and a premium transport accessibility status. WHY THIS IS PROFITABLE FOR THE INVESTOR: Privacy 5:* The land area allows each of 4 villas to have its own plot of approximately 8 ares — which is a guarantee of elite status and a high selling price. Additional area: Swimming pools, garages, summer kitchens and storage rooms are built as auxiliary facilities and do not reduce the quota of the main residential fund (1300 m²). Flexibility: Possibility of realizing a commercial zone (SPA, reception) on the first level. Capitalization: Buljarica is the last “large land” by the sea in Montenegro with the potential for price growth per m² of 1.5 to 2 times in the coming years.
Note: This calculation is for informational purposes only. Actual loan terms may vary depending on the bank, credit rating, and other factors. Please consult your bank for exact conditions.
Regulatory information
Agency (intermediary)
ARestate Montenegro
Registration number
-
Location
Budva , Buljarica
Area
3659m²
Structure
Unknown
Property Type
Land lot
This information is mandatory under the Law on Mediation in the Sale and Lease of Real Estate of Montenegro. All intermediaries must be registered in the Register of Intermediaries maintained by the competent ministry.