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.