Unique Investment Plot in Budva – Podkoshlun, Montenegro

Unique Investment Plot in Budva – Podkoshlun.

We present to you a perfectly located land plot of regular shape, ideal for the construction of urban villas, private houses, or tourist residences.

Location:
The plot is situated in the residential area of Podkoshlun, one of the most sought-after and promising neighborhoods in Budva.
The sea is just 250 meters away in a straight line and approximately 550 meters by road.

Key Advantages:
Due to the cascading terrain, the property offers panoramic views of the Adriatic Sea, the Old Town of Budva, and the iconic island of St. Nicholas.

Plot Details:
Total area: 1,967 m²
Consists of 2 large cadastral parcels, encompassing 3 urban planning units (UPs)
Sold as a single lot – subdivision not permitted
Comes with UTU documentation defining construction parameters
Maximum permitted gross building area (GBA): 2,188 m².

Permitted Construction Parameters:

Urban Plot No. 50
Area: 313 m²
Permitted GBA: 268 m²
Floors: Basement + Ground Floor + 2 Upper Floors

Urban Plot No. 21 (combined with Plot No. 4, total area 1,654 m²)
Permitted GBA: 774 m²
Floors: Basement + Ground Floor + 2 Upper Floors + Usable Roof

Urban Plot No. 4 (combined with Plot No. 21, total area 1,654 m²)
Permitted GBA: 1,146 m²
Floors: Basement + Ground Floor + 2 Upper Floors + Usable Roof.

Infrastructure & Access:
• Direct access from the public road
• Connected to city water supply, electricity, and sewage system.

About the Area:
Podkoshlun is a residential and tourist neighborhood in the broader center of Budva, offering year-round access to essential infrastructure:
shops, pharmacies, a kindergarten, post office, cafes, and restaurants — all within walking distance.

An excellent opportunity for investors and developers!