An urbanized building plot for sale in Reževići, located above the famous Drobni Pijesak Beach, one of the most beautiful beaches on the Montenegrin coast.
This attractive land parcel offers panoramic sea views and approved development parameters for the construction of two luxury villas, making it an excellent opportunity for investors or private buyers seeking a premium coastal project.
Property Overview
Price: €580,000
Land area: 1,739 m²
Price per m²: €334
Location: Reževići I, Municipality of Budva
Cadastral municipality: Reževići I
Urban status: Urbanized construction land
Development Parameters
The land has urban planning conditions allowing construction of:
Two villas
Ground floor footprint: up to 170 m² per villa
Total gross construction area: up to 850 m²
Permitted structure: S + P + 1(Basement + Ground Floor + First Floor)
These parameters allow for the development of luxury villas with spacious living areas, terraces, pools, and panoramic views of the Adriatic Sea.
Location
Reževići is a peaceful and exclusive coastal area located between Budva and Petrovac, known for its:
Authentic Mediterranean atmosphere
Olive groves and natural surroundings
Luxury villas and boutique developments
Proximity to beaches and seaside resorts
Nearby highlights include:
Drobni Pijesak Beach
Budva Riviera
Petrovac seaside town
Restaurants and coastal promenades
Investment Potential
This property offers an excellent opportunity for:
Luxury villa development
Private residence project
Boutique hospitality investment
High-end holiday rental villas
Due to the panoramic sea views, urbanized status, and prestigious location on the Budva Riviera, properties in this area are highly sought after by international buyers.
FAQ — Development Land in Reževići (1,739 m²)
1) What is for sale?An urbanized building plot of 1,739 m² located in Reževići near Budva.
2) What is the price of the land?The asking price is €580,000.
3) Is the land urbanized?Yes, the property is urbanized construction land with defined building parameters.
4) What can be built on the land?The urban planning conditions allow construction of two villas.
5) What is the maximum building footprint per villa?Each villa can have a ground floor footprint of up to 170 m².
6) What is the maximum total construction area?The total permitted construction area is up to 850 m².
7) What building structure is allowed?The permitted structure is S + P + 1 (basement + ground floor + first floor).
8) Does the land have a sea view?Yes, the plot offers open panoramic views of the Adriatic Sea.
9) Is the location suitable for luxury villas?Yes, Reževići is a prestigious area known for luxury villas and exclusive developments.
10) Is this property a good investment?Yes. Due to its urbanized status, sea views, and location on the Budva Riviera, it offers strong potential for high-end real estate development.
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Note: This calculation is for informational purposes only. Actual loan terms may vary depending on the bank, credit rating, and other factors. Please consult your bank for exact conditions.
Location
For this property there are no coordinates to be shown on the map
Regulatory information
Agency (intermediary)
Violet Investment
Registration number
2
Location
Budva
Reževići
Area
1739m²
Structure
N/A
Property Type
Land lot
This information is mandatory under the Law on Mediation in the Sale and Lease of Real Estate of Montenegro. All intermediaries must be registered in the Register of Intermediaries maintained by the competent ministry.