Property Description

Budva, Rezevici – Development plot for a villa or apartments project for sale

This plot is located between Drobni Pijesak and Sveti Stefan in the location called Smokov Vijenac, only 7 km away from downtown Budva.

The land is located around 150m below the main road and 200m from the sea, with amazing views over the whole Budva Riviera. Currently, there has been an active construction in the area for housing and tourism. According to the plan, only low-density housing is allowed with 0,2 occupancy index and 0,5 construction index – applicable to the offered plot.

Construction parameters: 

• Land area: 500 sqm
• The footprint of the house: 100 sqm
• Built-up area (GBA): 250 sqm
• Floors: GF+2

The plot has a perfect rectangle shape and dozen olive trees on the plot.

This location is perfect for a peaceful living in the Mediterranean. Instead of a house, there is a possibility to develop a small apartment building.