Building plot in Kuljače, Budva

A plot of land in Montenegro is offered for sale. The plot measures 5,098 m² (54,874.42 sq ft) and is located in the village of Kuljače, in the municipality of Budva. Situated on elevated ground, the property offers panoramic views of the Adriatic Sea, the coastline, and the surrounding mountains.

According to current urban planning specifications, the land is designated for a tourist complex, allowing for the construction of apartment buildings and villas intended for tourism-related operations.

Construction of up to six new buildings is permitted, with a maximum total built-up area of   1,812.50 m² (19,509.59 q ft). The building index is 0.38, and the occupancy index is 0.15. Permitted building height is Su+P+1 (basement/semi-basement level, ground floor, and one additional upper floor). The basement level may accommodate residential units and/or garages.

Title of ownership is fully established, and the property is free of encumbrances or restrictions. There are no existing structures on the site, allowing for the implementation of a project in full compliance with current urban planning parameters.

The price is €200 per m², making the total cost of the property €1,019,600.