Sale, land, 2650m², Reževići, Budva
Budva, Katun Reževici
800.000 €
Area
2650 m²
PROPERTY DESCRIPTION
An exceptional opportunity to acquire a premium development plot in the prestigious coastal village of Reževići, one of the most exclusive and sought-after locations on the Budva Riviera.
This rare 2,650 m² land parcel offers breathtaking panoramic sea views, complete privacy, and outstanding development potential for luxury villas, boutique hospitality projects, or a private estate.
Property Overview- Location: Reževići, Budva Riviera
- Land Area: 2,650 m²
- Ownership: Registered 1/1
- Cadastral Information: LN 918, Parcels 214 & 215, KO Reževići I
- Status: Clean title and documentation
- UT Conditions: Application submitted and currently in process
Situated in a peaceful and exclusive residential area, the property enjoys:
✔ Uninterrupted panoramic sea views
✔ Complete privacy and tranquility
✔ Authentic Mediterranean surroundings
✔ Mature olive trees on the land
✔ Easy year-round access
The plot is located just a few steps from the main coastal road, providing excellent connectivity while maintaining a secluded and private atmosphere.
Development PotentialThis property presents an outstanding opportunity for:
Luxury Residential Development
- Private luxury villas
- Exclusive gated residences
- High-end holiday homes
Boutique Hospitality Projects
- Boutique hotel
- Luxury retreat
- Wellness and spa concept
- Premium rental villas
The area’s growing demand for luxury real estate makes this a highly attractive investment.
Strong Investment OpportunityThe value of the property is expected to increase significantly once the Urban Technical Conditions (UTU) are issued.
A major advantage is that luxury villas are already under construction approximately 20 meters from the property, confirming the area’s exclusivity and strong development momentum.
Investors have the opportunity to secure the land before further appreciation occurs.
Why Reževići?Reževići is one of Montenegro’s most prestigious coastal destinations, known for:
- Luxury villas and private estates
- Stunning Adriatic Sea views
- Proximity to Budva, Sveti Stefan, and Petrovac
- Peaceful environment away from mass tourism
- Strong demand from international buyers
✔ 2,650 m² land parcel
✔ Spectacular sea views
✔ Mature olive trees
✔ Prime Budva Riviera location
✔ UT conditions in process
✔ Clean ownership documentation
✔ Luxury developments nearby
✔ Significant appreciation potential
1) What is for sale?
A 2,650 m² development land parcel in Reževići.
2) Does the property have sea views?
Yes, panoramic sea views from the entire plot.
3) Is the ownership clear?
Yes, ownership is fully registered with clean documentation.
4) Have UT conditions been requested?
Yes, all documentation has been submitted and the process is underway.
5) Is the property suitable for luxury villas?
Yes, it is ideal for luxury residential development.
6) Are there developments nearby?
Yes, luxury villas are currently being built approximately 20 meters away.
7) How accessible is the property?
It is located just steps from the main coastal road.
8) Does the land contain olive trees?
Yes, mature olive trees enhance the Mediterranean character of the property.
9) Is this a good investment?
Yes, due to the location, sea views, and expected increase in value once UT conditions are issued.
10) Why is this property unique?
Its combination of size, privacy, sea views, olive trees, and location in one of Montenegro’s most prestigious coastal areas.
Related Properties & Investment Opportunities
- Development Land for Sale on the Budva Riviera
- Luxury Villas in Reževići
- Investment Properties in Montenegro
- Sea View Land for Sale
- Real Estate Opportunities Near Sveti Stefan
Details
- Land type
- Residential
Location
Similar
Similar properties
Explore similar properties that might interest you

Land in Budva №2867
Budva
903 m²
550.000 €
Details →
Land for the construction of 2 buildings (GFA) 1,042 m² - Budva, Podkošljun
Budva, Podkošljun
900 m²
550.000 €
Details →
Budva, Podkošljun – land for sale for the construction of 2 buildings (GFA) 1,042 m²
Budva, Podkošljun
1042 m²
550.000 €
Details →
Investment land in Tudorovići 1,262 m2 at 230 euros/m2
Budva, Tudorovici
1262 m²
290.260 €
Details →
Investment land in Tudorovići -- 230 euros/m2
Budva, Tudorovici
290.260 €
Details →
Sale, land, 3004m², Podkošljun, Budva
Budva, Podkošljun
3004 m²
On request
Details →FREQUENTLY ASKED
Questions about this property
What is the price per square metre?
At 800.000 € for 2650 m², this listing works out to 302 € 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.