Overview
- Updated On:
- October 6, 2023
- 10,180.00 m2
Property Description
Budva, Blizikuce – Development land plot for sale
Superb land for hotel/residential development with all approvals and permits for sale.
Main Features
- 74 stylish apartments in 4 exclusive dwellings of which 18 hotel suites/apartments will be located in a 5 Star boutique hotel which shall be operated by hotel.
- The size of the apartments ranges from 40 sqm for hotel suites to 200 plus sqm for exclusive penthouses with spectacular terraces.
- More than 60% of the units are between 40-65 sqm in size to cater for the most attractive investment market in Montenegro.
- All units have very sizable balconies or terraces to allow visitors to enjoy the unique Mediterranean outdoor lifestyle.
- 10 min drive to Budva, the centre of the Montenegrin Riviera.
- 2 km to exclusive Sveti Stefan.
- Numerous beaches in the vicinity.
- Close to all amenities but still positioned in fairly untouched green environment.
- Stunning views of the Adriatic Sea.
- Around 30 min drive to Tivat airport & Porto Montenegro.
- Around 1 h transfer to Podgorica International airport.
Construction parameters
- Plot area: 10,108 sqm
- Gross built up area: 10,878 sqm
- Net built up area: 9,436 sqm
- Net sellable area: 5,902 sqm
Note
- Draft and main design have been approved and only need to be updated to Eurocode regulation and being audited.
- Construction & start of sales is scheduled to start in autumn 2023. The tender process for the participation construction companies was concluded. A construction period of 18 to 24 months is forecasted.
- The architecture and concept of the development is a modern take on a Montengrin village with a lively plaza in its heart with easy access to all buildings, restaurants & extensive pool area.
- Investors in the residential units will have the opportunity to include their apartments into the hotel rental pool which will provide an attractive investment return, take care of maintenance & still give the owners the chance to use the homes individually.
- Architecture and finishes are of high standard including environmental aspects from photovoltaic system to rainwater collection.
- The majority of the necessary parking spaces are located in two underground garages.
- Due to the significant slope of the site the concept guarantees the majority of the apartments will have uninterrupted sea views.
- The integrated 5 Star boutique hotel with its quality restaurant will provide for all visitors.
- The owners & visitors of the residential units will have the right to use the hotel facilities like gym & spa.
Property Id: 78944
Price: 2.250.000 €
Property Size: 10,180.00 m2
Property Lot Size: 10,180.00 m2






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