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Property Description
Budva, Komosevina – Land with planning for villa complex with panoramic sea views
This land plot for residential/tourist housing development is located in the Komosevina-Mogren area, on the upper part of the Spas Mountain southern slope above the Mogren beaches and the Budva-Tivat highway.
Breathtaking panoramic views of the Budva Riviera, picturesque beaches, the city, and the ancient Austro-Hungarian fortress Mogren.
An existing road connects to the upper part of the plot. By the planning document there will be a new road connecting Adriatic highway with the future development.
Development indicators
The site consists of 12 urban parcels and is included in the State Location Study (planning document).
Purpose of the site – tourism T2
Floors: (GF+2)
Total area of urban parcels: 9,536 sqm
Total development area: 5,772 sqm (GDA)
Total development area with underground floor: 8,156 sqm
Footprint: 2,384 sqm
Geological studies have been completed.
Price: 200 EUR / sqm