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Budva, Blizikuce – Development land plot for sale

2,250,000 €
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2359
sold

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.

 

State/County:
Country: Montenegro
Open In Google Maps
Property Id : 78944
Price: 2,250,000 €
Property Size: 10 180,00 m2
Property Lot Size: 10 180,00 m2
Property ID: P-02152
Floor No.: ground
Parking / Garage
Seaview
Management company
Air conditioner
Yard
Security system
Central AC
Swimming pool
Concierge service
Floor Heating
SPA Facilities
Elevator





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