Overview
- Updated On:
- 08/10/2026
- 810.00 m2
Property Description
Budva, Rijeka Rezevici – Exclusive Plot for Construction of 2 Villas with Open Sea Views for Sale in Budva Surroundings
An exceptional building plot is available for sale in one of the most desirable and prestigious locations on the Montenegrin coast – Rijeka Reževići. Situated just 100 meters from the sea, the plot offers a permanent and unobstructed panoramic view of the Adriatic.
The site is approved for the construction of one or two luxury villas sharing the specified urban-planning parameters.
Key and Urban-Planning Characteristics:
- Plot area: 810 sqm
- Total permitted GBA (Gross Building Area): up to 430 m² (for both villas)
- Occupancy index: 0.20
- Floor area ratio (FAR / Built-up index): 0.55
- Permitted floors: B + C + GF + 1 (Basement + Cellar + Ground Floor + 1st Floor)
- Purpose: Construction of 2 separate luxury villas
- Distance to the sea: 100 m
- View: Open, panoramic sea view
This property represents an outstanding investment opportunity for investors or buyers looking to build two representative villas in a prime location surrounded by greenery and privacy.
Nestled in the heart of the Budva Riviera, Rijeka Reževići is widely regarded as one of the most exclusive, peaceful, and highly sought-after coastal enclaves in Montenegro. Celebrated for its pristine natural Mediterranean landscape, dramatic sea views, and lush olive groves, this charming coastal village offers a rare combination of complete privacy and sophisticated luxury. Unlike busier resort hubs, Rijeka Reževići retains an authentic, timeless atmosphere characterized by elegant stone villas, quiet cobblestone lanes, and secluded coves with crystal-clear waters.
Its strategic location further enhances its premier appeal—positioned just minutes from the iconic islet of Sveti Stefan and the historic Old Town of Budva, residents enjoy effortless access to high-end dining, luxury marinas, and vibrant nightlife while retreating to an oasis of tranquility. The area’s strict urban planning guidelines and high demand among discerning international buyers have solidified Rijeka Reževići as a prime real estate destination with exceptional long-term investment value.
Price: 526,500 EUR (650 EUR/m²)
For more information, insight into the urban-planning technical conditions, and to schedule a site tour, please contact us.
