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Land 10 180 m² Katun Rezevici, Montenegro

Katun Rezevici, Montenegro
$2,84M
$279/m²
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Land 10 180 m² Katun Rezevici, Montenegro
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ID: 3411705
Property ID on Realting
In CRM: 44367
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Last update: 07/05/2025

Location

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  • Country
    Montenegro
  • Region
    Budva Municipality
  • Village
    Katun Rezevici

Description

Development land with the approval from the State architect, great location with open sea views.

 

Land area: 10,180 m2

Total buildable gross area: 10,878 m2

Total net area: 9,436 m2

Total net sellable: 5,902 m2

No. of apartments: 74

No. of garage places: 81

 

74 stylish apartments in 4 exclusive dwellings of which 18 hotel suites/apartments will be located in a 5 Star boutique hotel.

The apartments range from 40 sqm for hotel suites to 200+ m2 for exclusive penthouses with spectacular terraces.

More than 60% of the units are between 40-65 m2 in size to cater to Montenegro's most attractive investment market.

All units have very sizeable balconies or terraces to allow visitors to enjoy the unique Mediterranean outdoor lifestyle.

 

The plot size is 10,180 m2 of which only 25% will be covered by buildings to preserve the beautiful nature this part of the coast is known for and loved by visitors and investors.

 

The draft and main design have been approved and only need to be updated to Eurocode regulations and be audited.

 

The tender process for the participation of construction companies was concluded. A construction period of 18 to 24 months is forecasted.

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Katun Rezevici, Montenegro
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Land 10 180 m² Katun Rezevici, Montenegro
Katun Rezevici, Montenegro
$2,84M
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