Land 2 314 m² Budva Municipality, Montenegro

A highly attractive development plot is offered for sale in Lastva Grbaljska, strategically positioned along the main road connecting Budva and Tivat-one of the most dynamic and high-traffic corridors on the Montenegrin coast.

With a total land area of 1,443 m², this parcel represents a rare investment opportunity thanks to its flexible urban planning parameters and wide range of permitted uses. The location ensures excellent visibility, accessibility, and long-term value growth, making it suitable for both residential and commercial development.

Urban planning specifications include:

• Plot size: 1,443 m² urbanized and 871 m2 unurbanized
• Building footprint index: 0.4 (max. 577.2 m²)
• Construction index: 1.0 (gross buildable area up to 1,443 m²)
• Maximum allowed floors: Ground floor + 2 levels (P+2)
• Minimum green area requirement: 25–30%

What truly distinguishes this property is its mixed-use designation, allowing for a diverse range of development possibilities, including:

• Residential buildings
• Commercial and central business activities
• Tourist developments (apartments, boutique hotels, etc.)
• Educational and social care facilities
• Healthcare institutions
• Cultural venues
• Sports and recreational complexes
• Religious buildings

This exceptional level of flexibility significantly enhances the land’s investment appeal, enabling developers to adapt projects in line with market demand and maximize return on investment.

Thanks to its prime positioning between Budva and Tivat, proximity to key infrastructure, and broad development potential, this plot stands out as a strong opportunity for both immediate development and long-term strategic investment.