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For sale is an investment land plot of 2,389 m2 on the Budva Riviera, near Sveti Stefan. The plot is located on a green slope with open sea views and direct access from the coastal road.
The UP8 and UP9 town planning plans have been approved for the site, providing for the construction of three detached villas. The UP8 area of 1,520 m2 has a development coefficient of 1.00 and allows the construction of two villas. The UP9 area of 356 m2 has a coefficient of 0.5 and provides for the construction of another villa.
The total permitted area of construction is 1,698 m2 gross, the estimated net area of the villas is about 1,443 m2. Thus, the property already has a clear concept of further development and can be considered for the creation of a small premium complex of three villas or a private family residence with several separate properties.
One of the key advantages of the site is the combination of ready-made town-planning parameters, proximity to the sea and the prestigious part of the Budva Riviera. Sveti Stefan and the beaches of the coast are a few minutes away.
According to the documentation provided, the property is clean, the property is ready for legal and technical inspection before sale.
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