REZEVICI, BUDVA, MONTENEGRO - € 1,050,000

Overview

PROPERTY#:14869934

€ 1,050,000

Plot 1580 m2 with project of apart hotel in Rezevici

Rezevici

     n n n Exclusive Development Land Near Perazića Do Beachn Budva Riviera, Montenegronnn A unique opportunity to acquire an urbanized 1,580 m² development plot in one of the most picturesque and prestigious locations on the Budva Riviera, just 300 meters from the crystal-clear waters of Perazića Do Beach.nnDevelopment Potentialnn n n Plot size: 1,580 m²n n n n n The property is sold together with the neighboring plot of 1,740 m².n n n n n According to the UTU (Urban Technical Conditions), the combined site allows the development of:n n n n n an apartment hotel with a total gross area of up to 4,900 m²;n n n n n 3 luxury villas, each with a gross area of 600 m².n n n n n n n Total purchase price for both plots: €1,050,000.n n nnn The property is fully serviced with water, electricity, and sewage connections. Significant preparatory construction has already been completed, including a retaining wall and two underground garage levels providing 27 parking spaces. A conceptual architectural design for the apartment hotel has also been completed.nnn The structural design and construction have been executed in accordance with enhanced seismic resistance standards of up to magnitude 9, ensuring a high level of safety and long-term reliability.nnLocation Highlightsnn n n 300 m from Perazića Do Beach with two beachfront restaurants;n n n n n 5 minutes to Petrovac;n n n n n 15 minutes to Budva;n n n n n Quiet and prestigious surroundings;n n n n n Close to the historic Reževići Monastery and the scenic coastal walking trail known as the "Health Path."n n nnn With its prime location, complete infrastructure, extensive construction preparation already in place, and exceptional development potential, this property represents a rare, high-yield investment opportunity for a premium hospitality and residential project on the Montenegrin coast.n n

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