Property Description

Budva, Crvena Glavica – Prime location land with planning for a villa project on the seafront

This location is definitely one of the best on the Budva Riviera, and it can be said on the entire Montenegrin coast. The construction of 14 villas is planned; there is a possibility of merging urban plots, i.e., reducing the number of buildings and increasing the area of ​​individual areas of villas.

The land consists of several urban plots, which are located on the first, second, and third sea line to the sea. Thanks to the slope of the terrain, most of the plots have a sea view. For a number of urban plots, a project of villas was done, utilities paid and building permits obtained.

The owner is selling a complete land complex, but there is a possibility of buying separate plots.

Information:

• Area of ​​cadastral parcels: 13,249 sqm
• Area of ​​urban plots: 12,317 sqm
• Plots intended for the road: 732 sqm
• Plots intended for greenery: 145 sqm
• Gross Development Area (GDA): 6,158 sqm
• GDA with underground floors: 8,621 sqm
• The footprint of buildings: 2,463 sqm
• Floors: GF + 2
• Occupancy index: 0,2
• Building index: 0,5

We single out 3 individual urban plots on all lines:

• UP 1 (first line to the sea)

Plot area: 6,018 sqm
GDA: 3,009 sqm (without underground floors)
Max. number of objects: 6
GDA per object: 501 sqm

• UP2 (second line to the sea)

Plot area: 1,193 sqm
GDA: 598 sqm (without underground floors)
Number of objects: 1

• UP 3 (third line to the sea)

Plot area: 524 sqm
GDA: 262 sqm (without underground floors)
Number of objects: 1