Land in Budva №2867

We offer for sale a plot of land in Podkošljun, Budva — with a sea view. The land is located in the prestigious Podkošljun neighborhood, in the expanded urban core of Budva, and consists of two urban units. To the nearest beach — about 470 m, to the Old Town — less than 2 km.

Land parameters:

• Total area of urban plots: 903 m²
• Total permitted construction (GFA): 1,042 m²
• Composition: 2 cadastral parcels, 2 urban units

Purpose:

The land is intended for the construction of city villas, low-density houses, and tourist-apartment facilities.

Infrastructure and documents:

• direct access from the public road
• electricity, water, and sewage are brought to the plot
• issued urban-technical conditions (UTC) for both units

Location — Podkošljun:

A quiet residential and tourist neighborhood in the expanded center of Budva:

• beach — 470–630 m
• supermarket, pharmacy, kindergarten — 260–310 m
• Old Town of Budva — 1.8 km
• Tivat airport — about 20 km

Over 35 beaches on the Budva Riviera, rich tourist infrastructure, and the status of the most visited coastal destination in the country support the demand for real estate in this area every year. The state is simultaneously investing in the coastal infrastructure: the Budva–Tivat boulevard is being built, a bypass around Budva is planned, and a concession investor is being attracted for the Podgorica and Tivat airports with an obligation to invest at least €300 million in their modernization.

Investment potential:

The total permitted construction of 1,042 m² on two plots covers several scenarios: a compact villa and a larger residential building — all the way to a smaller residential building or a tourist apartment building for rent. The investor can build both plots under one project or realize them separately and independently of each other.