Large development plot on the seashore

Budva, Montenegro

Land

€10.000.000

26 Apr 2019

#229

Property Details

#229

13,900 m²

Freehold

X

Fees

3.95 %

0.00 %

1.95 %

1.80 %

0.20 %

Investment Overview

Becici, Budva - Development land for a luxurious hotel or mixed-use resort on the beachfront  One of a kind development plot for the hotel on the prime location in Budva Riviera. This is probably the best location for a luxury hotel or mixed-use development on the coast. This unique seafront plot is located on one of the nicest beaches in Budva riviera - Becici in the area known for numerous high-class hotels and vicinity of Budva centre. The plot consists of two urban blocks, connected with each other, with a total area of 13,900 m², with a gross development area allowed of nearly 56,000 m². Bigger urban plot is on the seafront, facing the sea with 110m lenght: - Plot Area: 8,095 m2 -Gross Building Area: 36,650 m2 + underground levels Smaller urban parcel is on second sea line. It is allowed to build three smaller buildings. - Plot Area: 5,805 m2 - Gorss Development Area: 14,148 m2 + underground levels Concept design is completed, Feasibility Study is done. One of the best large plot offers on the coast!

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