Luxury Estate & Development Opportunity Krstac, Reževići

Property description

An exceptional, ultra-private coastal estate spanning a total land surface of 7,138 m² in the exclusive village of Krstac-Reževići. Positioned just a 5-minute from 4 different beaches, the property offers complete privacy paired with unobstructed, panoramic views of the Adriatic Sea, Budva’s coastline, and the surrounding mountains.
The estate is composed of three distinct components:

1.
An exclusive, master-built main residence with a mature, landscaped garden.

Surface Breakdown (Gross Areas)
• Total Land Area: 2,550 m² (Cad. parc. 1484 to 1489 KO Rezevici I)
• Total Gross Built Area: 1,455 m²
-Main House: 805 m²
-Pool Area & Covered Pool House: 174 m²
-Terraces, Rooftop, and Marble Paved Walkways: 267 m²
-Garage & Parking (5–6 cars): 139 m²
-Technical & Storage Area: 70 m²

2.
An adjacent construction plot with UTU conditions for 3 additional villas (S+P+1 – 1027m²).

• Land Area: 3,905 m² (Cad. parc. 1479 to 1483 KO Rezevici I)
• Asset Value: Currently integrated seamlessly as an extension of the main residence’s cascading gardens, providing ultimate privacy and lush greenery.
• Development Potential: Urban Technical Conditions (UTU) permit the construction of 3 villas with a total gross surface area of 1,027 m² (Configuration: S+P+1). Ideal to be utilized as private guesthouses or developed for individual resale.
• Access & Infrastructure: Fully maintained with cascading terraces, fruit trees, olive trees, and trails. The plot borders the main road (Jadranski put), ensuring fast, direct access to Budva, Bar, and Petrovac.

3.
A charming, independent stone house with annexes.

Land Area: 683 m² (cad. parc. 1516, 1517, 1518 KO Rezevici I)
Main Stone House: 165 m² – 2 Annexes: 23 m² and 44 m²
• Layout: An open-concept kitchen, a cozy living room equipped with a stove, 3 bedrooms, and 2 bathrooms.
• Outbuildings: Two separate annexes ideal for a workshop or storage.
• Setting: Surrounded by its own private terraces and a garden filled with fruit trees. Offers beautiful, unobstructed sea and coastline views in a peaceful, quiet setting just 50 meters off the Jadranski highway