Sale, land, 3004m², Podkošljun, Budva
Budva, Podkošljun
Price on request
Area
3004 m²
PROPERTY DESCRIPTION
An exceptional opportunity to acquire a large construction land plot in Podkošljun, Budva, one of the most desirable areas of the Budva Riviera.
With a total area of 3,004 m², the property offers outstanding development potential for a luxury residential project, exclusive villas, or a high-end tourist complex. Its elevated and cascading terrain provides open panoramic views of the Adriatic Sea, Budva Old Town, and Sveti Nikola Island.
The sea is approximately 250 metres away by air distance and around 550 metres by road, providing convenient access to beaches, the coastline, restaurants, and all major amenities.
Property OverviewLocation: Podkošljun, Budva, Montenegro
Property Type: Construction Land
Total Land Area: 3,004 m²
View: Panoramic Sea, Old Town Budva & Sveti Nikola Island
Distance to Sea: Approximately 250 m by air / 550 m by road
Sale: Entire property only
Price: Upon Request
The land consists of two cadastral plots forming three urban planning units and is being sold exclusively as a whole.
Detailed urban-technical conditions (UTU) have already been prepared, providing a clear framework for future development.
Urban Planning Unit UTU No. 22
- Land area: 1,467 m²
- Maximum permitted gross developed construction area: 1,695 m²
- Permitted floors: SU + P + 2
Urban Planning Unit UTU No. 5
- Land area: 1,537 m²
- Maximum permitted gross developed construction area: 1,228 m²
- Permitted floors: G + P + 3
Total Development Potential
Total land area: 3,004 m²
Maximum permitted gross developed construction area: 2,923 m²
This provides an excellent foundation for the development of a premium residential or hospitality project.
Location & ViewsPodkošljun is one of Budva’s most attractive residential areas, combining proximity to the Adriatic coastline with convenient access to the city centre.
The elevated, cascading configuration of the plot allows for exceptional views from different points of the property, including:
- Adriatic Sea
- Budva Old Town
- Sveti Nikola Island
- Budva coastline
The location offers easy access to beaches, restaurants, shops, entertainment, and other city amenities.
Investment OpportunityThis property is particularly attractive for professional developers and investors seeking a substantial development opportunity in Budva.
Potential development concepts include:
- Luxury residential complex
- Exclusive villas
- High-end tourist residences
- Boutique hospitality project
- Premium family residences
- Luxury rental apartments
The combination of 3,004 m² of land, nearly 2,923 m² of permitted gross construction area, established UTU conditions, panoramic sea views, and proximity to the coast makes this a highly compelling investment opportunity.
Key Highlights- 3,004 m² construction land
- Podkošljun, Budva
- Panoramic Adriatic Sea views
- Views of Budva Old Town
- Views of Sveti Nikola Island
- Approximately 550 m by road to the sea
- 2 cadastral plots
- 3 urban planning units
- UTU conditions prepared
- Up to 2,923 m² gross developed construction area
- Excellent development potential
- Suitable for luxury residential or tourism development
- Prestigious Budva location
- Sold exclusively as a whole
- Price upon request
Details
- Land type
- Residential
Location
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Questions about this property
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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.
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The listing is active and the property is for sale. Contact the advertiser to confirm the latest status.