Apartment for Sale in Rezevici, Montenegro
$ 922,300 EUR 800,000 - Price in original currency
Property Description
Plot 1580 m2 with project of apart hotel in Rezevici
Exclusive Development Land Near Perazica Do Beach
Budva Riviera, Montenegro
An exceptional opportunity to acquire 1,580 m² of prime urbanized land in one of the most picturesque and prestigious locations of the Budva Riviera, just 300 meters from the crystal-clear waters of Perazica Do Beach.
Nestled between the Adriatic Sea and lush Mediterranean hills, this unique plot offers the perfect setting for the development of luxury private villas or an exclusive boutique apart-hotel, combining privacy, natural beauty, and proximity to Montenegro’s most desirable coastal destinations.
Development Potential
The property is sold with Urban Technical Conditions (UTU) allowing residential or hospitality development.
Total land area: 1,580 m²
Building coverage ratio: 0.27
Floor Area Ratio (FAR): 1.10
Permitted development: Luxury villas or boutique apart-hotel
The plot already benefits from existing infrastructure connections, including:
Water supply
Electricity
Sewage system
Preparation for development has already considered costs associated with bringing utilities to the plot, construction of a retaining wall, two underground floors, significantly optimizing future construction planning.
A Rare Investment Opportunity
Positioned in one of the most sought-after areas of the Montenegrin coast, the land represents a rare opportunity for investors and developers looking to create a high-end residential or hospitality project near the sea.
Additionally, adjacent land may be available for purchase, offering the potential to expand the project and create a larger luxury development.
Prime Location
Perazica Do is widely regarded as one of the most beautiful hidden bays of the Budva Riviera, known for its turquoise waters, peaceful atmosphere, and spectacular coastal scenery.
300 meters to Perazica Do Beach
5 minutes to Petrovac
15 minutes to Budva
Close to the historic Rezevici Monastery and scenic coastal walking routes
This unique combination of privacy, natural beauty, and proximity to key destinations makes the property ideal for a premium development project.
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