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We offer for sale a land plot in Podkoshlyun, Budva - with sea views. The site is located in the prestigious Podkoshlyun district, in the expanded urban core of Budva, and consists of two town-planning units. The nearest beach is about 470 m, the Old Town is less than 2 km away.
Site parameters:
• Total area of town-planning plots: 903 m2
• Total permitted development (BRGP): 1,042 m2
• Composition: 2 cadastral plots, 2 town-planning units
Purpose:
The plot is intended for the construction of city villas, low-density houses and tourist-apartment facilities.
Infrastructure and documents:
• Direct access to the public road
• Electricity, water and sewerage are brought to the site
Urban planning and technical conditions (UTU) for both units
Location - Podkoshlyun:
Quiet residential and tourist area in the expanded center of Budva:
• beach - 470-630 m
supermarket, pharmacy, kindergarten - 260-310 m
• Old Town of Budva - 1.8 km
• Tivat airport - about 20 km
More than 35 beaches on the Budva Riviera, rich tourist infrastructure and the status of the most visited coastal destination of the country annually support the demand for real estate in the area. The state simultaneously invests in the infrastructure of the coast: Budva-Tivat Boulevard is being built, a bypass road around Budva is planned, and a concession investor is attracted to the airports of Podgorica and Tivat with a commitment to invest at least €300 million in their modernization.
Investment potential:
The total permitted development of 1,042 m2 on two plots covers several scenarios at once: a compact villa and a larger residential object - up to a small apartment building or a tourist apartment object for rent. The investor can build both parcels under the same project or sell them separately and independently from each other.
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