Sale, land lot, 1240m², Cetinje, Crna Gora

Located in the picturesque weekend settlement Obzovica, halfway between Budva and Cetinje, this land plot of 1,240 m² represents an exceptional opportunity for development or investment. The land plot is visible from the main Budva-Cetinje road, providing an easily accessible location with a beautiful view. Its strategic position, right next to the popular apartments Šofranac, further increases attractiveness for various types of investments, especially in the tourism sector.

The land plot is fully equipped with all necessary connections, including water, electricity, and road access, which provides the basis for immediate start of development. The project has been carefully planned in accordance with urban-technical (UT) conditions, which allow construction up to 400 m². Current permits approved by the Chief City Architect of Cetinje allow the construction of three buildings of 76 m² each. An additional part of the land leaves space for expansion, opening additional possibilities for development.

What distinguishes this property is its suitability for investment in Montenegro's growing rural tourism market. The project has undergone a detailed review and has been submitted to the Ministry for the IPARD Fund for Rural Tourism, which enables a 70% return on eligible investment costs. This land property, ready for development and with all necessary documentation, represents an ideal opportunity for anyone who wishes to invest in Montenegrin tourism or establish a rental property in an attractive location.