Urbanized Building Plot – 1,037 m² with Panoramic Sea View For Sale

Property description

Urbanized construction land of 1,037 m² located on a terraced hillside with open, panoramic views of the sea and surrounding landscape.

Location: Reževići – a peaceful and secluded coastal village situated between Budva and Petrovac.
Only 5–10 minutes’ drive to numerous beaches of the Budva Riviera, and in close proximity to the island of Sveti Stefan and Manastir Reževići.

Basic Information:

• Plot size: 1,037 m²

• Urbanized land

• Concept design created by British architects

• Project planned for two luxury villas:

  • Villa 1: 250 m²

  • Villa 2: 230 m²

Urban Planning Parameters:

• Building coefficient (FAR): 0.48

• Site coverage index: 0.19

• Permitted floors: Basement + Ground Floor + 1 Upper Floor (S + P + 1)

• Maximum footprint: 200 m²

• Maximum gross building area: 500 m²

The plot’s terraced configuration ensures unobstructed views and maximum privacy. An excellent investment opportunity or ideal location for building luxury holiday villas in one of the most attractive areas of the Montenegrin coast.

For further information or to arrange a viewing, please contact us.