Sale, land, 6049m², Reževići, Budva
Budva, Katun Reževici
1.996.000 €
Area
6049 m²
PROPERTY DESCRIPTION
An exceptional development opportunity in Reževići, one of the most exclusive coastal areas of the Budva municipality. This 6,049 m² land plot comes with urban planning and technical conditions in place for the construction of up to 7 luxury villas.
Property Overview
- Total land area: 6,049 m²
- Location: Reževići, Budva Riviera, Montenegro
- Permitted construction: Tourist facilities – 7 villas
- Maximum floors: Up to 3 floors per villa
- Total planned construction area: 3,540 m²
Investment Potential
- Prime location in one of Montenegro’s most desirable destinations
- Ideal for creating a boutique villa complex or luxury holiday retreat
- Close to pristine beaches, Sveti Stefan, and Budva Old Town
- High-end real estate market with strong rental demand
This is a rare opportunity to acquire development-ready land in a location where exclusivity, sea views, and high ROI potential come together.
Details
- Land type
- Residential
Location
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Questions about this property
What is the price per square metre?
At 1.996.000 € for 6049 m², this listing works out to 330 € 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.