LAND FOR SALE

LAND FOR SALE

In the past decade, Montenegro has established itself as one of the most appealing investment destinations in the Mediterranean. The stable euro currency, a straightforward and transparent real estate acquisition process for foreign nationals, along with low taxes (the sales tax is merely 3-5%), render investment in the Montenegrin market highly advantageous.

Tourism is experiencing steady growth, attracting over 2.6 m illion visitors each year, with Budva leading in both the number of arrivals and overnight stays. Furthermore, the state is investing in infrastructure, including a new highway, international airports in Tivat and Podgorica, along with marinas and ports, thereby enhancing the value of coastal locations. Montenegro presents an ideal equilibrium between a M editerranean lifestyle and a secure business environment, establishing it as one of the few destinations where real estate investments yield swift returns through appreciation and potential rental income.

We are pleased to present a parcel of land situated in a prime location just 250 meters from the sea. The tiered arrangement of the landscape offers an unobstructed vista of the Adriatic Sea, the historic Old Town of Budva, and the island of St Nikola—one of the most renowned panoramas along the Montenegrin coast. Podkosljun is a serene residential and tourist community located in the broader center of Budva. In close proximity, one can find all essential amenities for year-round living, including markets, pharmacies, restaurants, a post office, kindergartens, and schools.

TOTAL ALLOWABLE GBA CONSTRUCTION: 2188 M²

TOTAL AREA OF URBAN PLOTS: 1967 M²

Direct access from the public roadway

Infrastructure on the site (electricity, water, sewage)

Available urban and technical conditions (UT)

With a building capacity of 2,188 m², the site provides optimal conditions for:

Exclusive villas featuring sea views, boutique  residential buildings, and tourist apartment

complexes for short-term or seasonal rental.

This indicates that the project possesses an exceptionally high potential for profitability.

KEY BENEFITS OF THE INVESTMENT

250 m from the sea and shoreline Sea view, the Old Town, and the island St. Nikola

A distinguished and tranquil setting in the center of Budva. Comprehensive infrastructure and direct access UT documentation for 2,188 m2 of construction Perfect for luxury villas or vacation rental apartments. Secure appreciation in value within the Budva market.

This property offers a distinctive opportunity for investors seeking to develop a premier project in Budva, the city with the greatest demand and highest tourism revenue in Montenegro.