An investment land plot of 2.389 m² is for sale on the Budva Riviera, near Sveti Stefan. The plot is located on a green hillside with an open sea view and direct access from the coastal road.
Urban development plans UP8 and UP9 have been approved for the location, which envisage the construction of three detached villas. Zone UP8, with an area of 1.520 m², has a construction coefficient of 1,00 and allows for the construction of two villas. Zone UP9, with an area of 356 m², has a construction coefficient of 0,5 and allows for the construction of one more villa.
The total permitted construction area is gross 1.698 m², and the estimated net area of the villas is approximately 1.443 m². Therefore, the property already has a clear concept for further development and could be considered for a small premium complex of three villas or a private family residence with several separate units.
One of the key advantages of the location is the combination of predetermined urban parameters, proximity to the sea and the prestigious Budva Riviera. Sveti Stefan and the coastal beaches are just a short drive away.
According to the provided documentation, the ownership title is clear and the property is ready for legal and technical inspection before sale.
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)
Monteonline
Registration number
-
Location
Budva , Sveti Stefan
Area
2389m²
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.