Commercial property in Montenegro, Montenegro

Montenegro
Archive cost $346,336
Sold or out of date
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Updated at: 31/03/2026

Location

Country: Montenegro

Description

For sale an urbanized plot, in the village of Rezhevichi, remote 14 km from the city of Budva. The total area of the plot is 1000 m2 with a permit for the construction of two villas of 500 m2. The plot is located 400 meters from the sea and has a chic view of the entire coast. Currently, the district is actively developing, a hotel and other complexes with villas are being built nearby. Nearby is one of the most popular restaurants of Italian cuisine - Casa Mia. There is a project designed by British and Montenegrin architects for the construction of two villas with a swimming pool. On the upper plot of 500 m2, the construction of a villa of 250 m2 is envisaged. On the lower plot with an area of 500 m2, it is planned to build a villa of 230 m2. Sites can be purchased separately as well. The top cost is 180,000 euros, the bottom - 140,000 euros. The price includes UT conditions and the project of two villas. There are access roads to the site. In addition to building projects, with the help of a Montenegrin architect, a road project was made that connects the site to the main road in this part of the village. An agreement was received from the administration that the cost of building the road will be offset by paying taxes when obtaining a license to build houses. The village of Rezevici is located in a quiet place between the island of St. Stefan and the city of Petrovac, which is 3 km away, and about 14 km to the other resort town of Budva. The attraction of Rezevices is one of the famous coastal monasteries of Montenegro - the Monastery of Rezevices of the XIII century with the Church of the Most Holy Trinity. Nearby is the elite village of Rijeka Rezevici, where there are some of the most prestigious villas in Montenegro.

Location

Montenegro