Land 2 527 m² Rijeka Rezevici, Montenegro

Rijeka Rezevici, Montenegro

Archive cost $321,473

Sold or out of date

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Land 2 527 m² Rijeka Rezevici, Montenegro

Updated at: 05/02/2025

Location

Country: Montenegro

Region: Budva Municipality

Village: Rijeka Rezevici

Apartment parameters

Total area: 2 527 m²

Description

Budva, Rezevici – Urbanized land for the construction of a hotel and a villa for sale The plot is located in the settlement Krstac, cadastral municipality Rezevici I, near the restaurant Casa Mia. There is a paved road to the plot, all utility connections are in the vicinity. Area: 2,527 sqm, price 260 EUR per sqm = 657,000 EUR The upper part of the plot is intended for the construction of a hotel: Floor area: 1,427 sqm Occupancy (footprint area): 500 sqm Built-up area (GDA): 1,750 sqm Storey: B+GF+2 The lower part of the plot intended for the construction of a villa: Floor area: 1,100 sqm Occupancy (footprint area): 170 sqm Built-up area (GDA): 510 sqm Storey: GF+2 If the plots are purchased individually, the price is 280 EUR per sqm There are main design projects for both buildings that can be purchased with lots. A building permit (which has expired) was obtained for these projects, which can be renewed through an accelerated procedure. In the immediate vicinity of the plot, the elite complex Smokva bay is being built. There are two roads leading to the plot (below and above the plot, and the location offers an unobstructed, permanent view of the sea.