Budva, Rezevici – Land with planning permission in the newly developed area

The plot has new road access, it has a sea views and a very generous build area of 525 sqm on a plot of 1,226 sqm. There are several new apartment and houses complexes in the near vicinity. At the moment, this coastal zone has no walking path to the sea. The nearest beach is Drobni Pijesak and Crvena Glavica  (approx 5 minutes drive).

The land is approx. 200 m air-distance away  from the sea, 1km from Sveti Stefan, and 6km from Budva.

Summary:

• Total land Area = 1,226 sqm
• 1 object (villa, apartments)  with a max of 3 levels (GF+2)
• Gross Build Area = 525 sqm
• Footprint of 210 sqm

Price: €180 per sqm = €220,680, which is a very good price for this region and micro-location (approx. 15% lower than the market)