Sale, land lot, 903m², Budva, Crna Gora

REF: MDR-2867

We offer for sale a land plot in Podkošljun, Budva — with sea view. The land plot is located in the prestigious neighborhood of Podkošljun, in the expanded urban core of Budva, and consists of two urban units. To the nearest beach — approximately 470 m, to Stari grad — less than 2 km.

Land plot parameters:

• Total area of urban land plots: 903 m²

• Total permitted construction (GBA): 1 042 m²

• Composition: 2 cadastral land plots, 2 urban units

Purpose:

The land plot is intended for the construction of city villas, low-density houses, and tourist-apartment properties.

Infrastructure and documents:

• direct access from a public road

• electricity, water, and sewerage are brought to the land plot

• issued urban-technical conditions (UTC) for both units

Location — Podkošljun:

Quiet residential and tourist neighborhood in the expanded center of Budva:

• beach — 470–630 m

• supermarket, pharmacy, kindergarten — 260–310 m

• Stari grad Budva — 1,8 km

• Tivat airport — approximately 20 km

Over 35 beaches on the Budva Riviera, rich tourist infrastructure, and the status of the most visited coastal destination in the country annually support the demand for real estate in this area. The state simultaneously invests in the coastal infrastructure: the Budva–Tivat boulevard is being built, a bypass around Budva is planned, and for the airports of Podgorica and Tivat, a concession investor is being attracted with an investment obligation of at least for their modernization.

Investment potential:

The total permitted construction of 1 042 m² on two land plots covers several scenarios: a compact villa and a larger residential building — up to a smaller residential building or a tourist apartment property for rent. The investor can build on both land plots under one project or develop them separately and independently of each other.