We offer for sale a large plot of land on a cascading slope over the Budva Riviera. This is a forest in the mountainous suburb of Budva, from where the panorama of the Adriatic opens, and at the same time a quick exit to the coast. The site is suitable for an investor who is ready to enter the project at the land stage and wait for its purpose to change.
Features
• Area: 24,500 m2
• Relief: cascading slope, forest massif
• View: the sea (according to the owner, the panorama opens from all over the territory, from St. Stephen to the Old Town of Budva)
• Entrance: from Budva - Cetine highway
• There are no buildings on the site, only land is sold.
• Status: the site is not urbanized, a change of destination is expected after the adoption of the new spatial plan of Budva
• Price: 50 €/m2, total cost 1,225,000 €
The concept of development
• According to the new purpose, the owner plans 10-20 villas with related infrastructure
• Cascading relief allows you to put houses so that from each there was a sea view.
• Within the framework of the concept, you can consider a restaurant with sea views, spa and wellness, sports areas for guests and residents.
• Preliminary concept: what and how much can be built, will determine the planning documentation
Location.
• About 7 km to Budva
• About 2 km to the planned roundabout of Budva (according to the owner)
• On the coast near the beaches of Sveti Stefan, Milocer, Kamenovo, Slovenska Plaza, Mogren and Jals
Investment potential
Now the plot is sold at the price of unurbanized land, although it is located in one of the most popular resort regions of Montenegro. After the adoption of the spatial plan and the change of destination, the value of land can significantly increase. The construction of the Budva bypass should shorten the road to the airports. This makes the plot interesting both for the development of a villa village and for resale after urbanization.
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