Property description

Price: €870,000

Plot area: 1,138 m²

Location: Budva Riviera (near Kamenovo beach).

Main characteristics and investment potential: Divided into 2 urbanistic plots with obtained permits for the construction of private villas:

First plot (333 m²): allows the construction of a villa with a maximum gross building area (GBA) of up to 247 m².
Second plot (529 m²): allows the construction of a villa with a maximum gross building area (GBA) of up to 291 m².
Views: Panoramic views of the sea and the picturesque coast of the Budva Riviera.
Additional expansion opportunity: Two more plots of 317 m² and 3,561 m² are available for purchase nearby, allowing for a significant increase in the scale of development or the creation of a gated premium complex.

About the location and prestige of the area: The plot is located in a quiet and picturesque green area on a hill, surrounded by modern villas with pools and an elite private sector. This location perfectly combines privacy with proximity to the main infrastructure:

Best beaches on the coast: In the immediate vicinity is the famous Kamenovo beach, renowned for its turquoise water and fine pebbles, as well as the picturesque bays of Pržno and Miločer.
Premium surroundings: The Budva Riviera is the center of luxury real estate in Montenegro, home to five-star hotel complexes, private residences, and the finest Mediterranean restaurants.
Convenient transport accessibility: Only 6 km to the center of Budva and 26 km to Tivat International Airport.