Investment land for the construction of three villas near Sveti Stefan

Description

An investment plot of 2,389 m² is for sale on the Budva Riviera, near Sveti Stefan. The plot is located on a green slope with open sea views and direct access from the coastal road.

Urban development plans UP8 and UP9 have been approved for the site, providing for the construction of three detached villas. The UP8 zone, with an area of 1,520 m², has a development coefficient of 1.00 and allows for the construction of two villas. The UP9 zone, with an area of 356 m², has a development coefficient of 0.5 and allows for the construction of one more villa.

The total permitted construction area is 1,698 m² gross, with the estimated net area of the villas being approximately 1,443 m². Therefore, the property already has a clear concept for further development and could be considered for a small premium complex of three villas or a private family residence with several separate units.

One of the site's key advantages is its combination of ready-made urban planning parameters, proximity to the sea, and the prestigious Budva Riviera. Sveti Stefan and the coastal beaches are just a short drive away.

According to the documentation provided, the title deed is clear and the property is ready for legal and technical inspection prior to sale.