Sale, land, 1285m², Rezevici, Budva
Budva, Katun Reževici
540.000 €
Area
1285 m²
PROPERTY DESCRIPTION
For sale is an urbanized plot of 1285 m2, located in a quiet and prestigious area of Rejevici (Drobnici). The site is located below the highway, 600 meters from the sea. The plot offers a picturesque view of the sea. The communal infrastructure is provided – electricity and water supply are located next to the site, which greatly facilitates the start and organization of construction. The technical specifications for the construction were issued in 2026: the construction of 3 (three) villas (private houses) with an underground floor plus two more floors (S+P+1) was approved. The employment index is 0.16. The building index is 0.33. A convenient paved road leads to the site.
This property represents an exceptional investment opportunity in one of the most sought after and valuable locations on the Budva Riviera.
Details
- Land type
- Residential
Location
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Questions about this property
What is the price per square metre?
At 540.000 € for 1285 m², this listing works out to 420 € per square metre. Compare it with the city average in the market card on this page.
How do I arrange a viewing?
Call the number or send a message from the contact card on this page — you reach the advertiser directly, with no middleman and no booking fee. Viewings are usually arranged within a day or two.
What does buying cost for foreign nationals?
Foreign nationals buy apartments, houses and commercial units in Montenegro on the same terms as locals. On top of the price, budget for the real estate transfer tax (3% up to €150,000, 5% on the portion between €150,000 and €500,000, 6% on the portion above €500,000; new builds bought from a VAT-registered developer carry 21% VAT instead of the tax), the notary fee and the land registry charges. Agricultural land and forests must be bought through a locally registered company.
Is this listing still available?
The listing is active and the property is for sale. Contact the advertiser to confirm the latest status.