Situated in one of the most prestigious locations on the Budva Riviera, high above Sveti Stefan in a peaceful green zone, lies an exceptional 7,715 m² land complex. Offering complete privacy, stunning natural surroundings, and vast potential, this property is ideal for visionary developers and investors focused on high-end residential, hospitality, or wellness concepts.
Key Highlights & Structure
- Urbanized Land & Clear Ownership: The estate comprises 3 connected parcels (1/1 clean title), with the option to expand by purchasing adjacent land.
- Under-Construction Structure: Features an existing unfinished building shell of approximately 1,700 m², ready for custom architectural completion.
- Heritage Stone Houses: Includes two original stone structures (52 m² and 44 m²) — ideal for authentic restoration into rustic suites, guest houses, or boutique amenities.
Infrastructure & Utilities
- Road & Power Access: Direct asphalt road frontage with seamless connection to the municipal electricity grid.
- Independent Water Supply: Features a fully equipped, laboratory-tested private well providing top-quality water on site.
Location & Climate Advantages
- Unobstructed Sea Views: Positioned 370 meters above sea level (1.2 km direct line to the shore), guaranteeing endless, unobstructed views of the Adriatic coastline and Sveti Stefan.
- Natural Air Spa: The unique intersection of mountain and sea currents creates a healthy microclimate, making the setting exceptionally suitable for wellness, recovery, and medical tourism.
Development Opportunities
Thanks to its size, legal status, and natural setting, the site offers versatile development options:
- Private luxury villa estate or gated residential community
- Boutique hotel, retreat resort, or fine-dining destination (with room for a private winery or brewery)
- Exclusive VIP private residence
- High-end wellness & spa retreat, rehabilitation clinic, or senior care facility