Land Budva, Montenegro

Montenegro, Budva
$3,39M
;
In CRM: 93582
ID of the ad on the website or in the company’s CRM
Last update: 07/09/2026

Location

  • Country
    Montenegro
  • Region
    Budva Municipality
  • City
    Budva

Description

A large land complex with a total area of 8,348 m2 is for sale in Podgorica, formed from seven town-planning plots with issued town-planning and technical conditions. The main value of the object for the investor is already defined parameters of future construction. For plots, a maximum occupancy coefficient of 0.40 and a building coefficient of 1.20 are provided, with a permitted number of storeys up to P+3, that is, the first level and three more aboveground floors. According to urban planning documentation, the total area of seven town-planning plots is about 7,178 m2, and their total potential allows to realize up to about 8,613 m2 of above-ground gross area. Six plots are included in the Detailed Town Plan “Titex” and are intended for multi-apartment residential development of medium density. The seventh plot with an area of 1,280.62 m2 is located within the framework of the Zabjelo 8 plan and provides for medium-density residential development with the possibility of placing accompanying commercial, trade, service and other premises in accordance with urban conditions. Underground garages and technical rooms can be designed additionally in accordance with the conditions and are not included in the calculation of the above-ground gross area, which allows you to more effectively use the potential of the territory. The object is especially interesting for an investor considering the construction of a full-fledged residential complex with the possibility of a phased implementation of the project. Instead of purchasing a separate small plot, a large territory with seven urban plots and clear parameters of future development is offered here. The documentation for the plots is prepared, the ownership is clean, without registered encumbrances.

Location on the map

Montenegro, Budva
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