Construction land in Lapči, no. 2965

We offer for sale a large plot of land on a cascading slope above the Budva Riviera. This is a forest area in the mountainous suburb of Budva, offering a panorama of the Adriatic, with quick access to the coast. The plot is suitable for an investor ready to enter the project at the land stage and wait for its designation to change.

Characteristics

• Area: 24,500 m²
• Terrain: cascading slope, forest area
• View: sea view (according to the owner, the panorama opens from the entire territory, from Sveti Stefan to the Old Town of Budva)
• Access: from the Budva — Cetinje highway
• No buildings on the plot, only land for sale
• Status: the plot is not urbanized, change of designation is expected after the adoption of the new spatial plan of Budva
• Price: 50 €/m², total cost 1,225,000 €

Development Concept

• According to the new designation, the owner plans 10–20 villas with accompanying infrastructure
• The cascading terrain allows for houses to be positioned so that each has a sea view
• The concept can consider a restaurant with a sea view, spa and wellness, sports areas for guests and residents
• The concept is preliminary: what and how much can be built will be determined by planning documentation

Location

• About 7 km to Budva
• About 2 km to the planned Budva bypass junction (according to the owner)
• Nearby coastal beaches include Sveti Stefan, Miločer, Kamenovo, Slovenska Plaža, Mogren, and Jals

Investment Potential

The plot is currently being sold at the price of non-urbanized land, although it is located in one of the most sought-after resort regions of Montenegro. After the adoption of the spatial plan and change of designation, the land value may significantly increase. The construction of the Budva bypass should shorten the road to airports. This makes the plot interesting both for the development of a villa settlement and for resale after urbanization.