Prime investment land with sea view – Markovići, Budva

This urbanized plot in Markovići, situated above Budva, combines three key advantages rarely found together: uninterrupted views of the Budva Riviera, generous building capacity, and fully clear legal ownership.

Key Investment Highlights

• Panoramic Sea Views: Unobstructed vistas over the Adriatic Sea and Budva Bay, driving higher premium value per square meter for future units.
• Exceptional Build Capacity: Up to 4,570 m² GBA (Gross Building Area) permitted on an urbanized plot of 3,387.82 m², with allowance for up to 5 above-ground levels.
• Flexible Mixed-Use Zoning: Approved for residential buildings, boutique hotels, tourism facilities, commercial spaces, or sports and recreation.
• Attractive Investment Basis: Offered at €680,000 (approx. €180/m² of total land area and only €150/m² per permitted GBA), representing a highly manageable entry cost for project underwriting.
• Clear Title: 1/1 clean ownership registered in the cadastre, free of encumbrances or restrictions.

Added Value: Historic Stone Structure

The property includes the remnants of an authentic, registered stone building spanning 590 m², fully clear of legal burdens. The natural stone and heritage architecture can be seamlessly integrated into the new design as a historic reception, fine-dining restaurant, or distinctive focal point for the development.

Access & Infrastructure

• Dual Access Points: Two independent access roads facilitate phased development, logistics during construction, and permanent separation between guest arrival and service routes.
• Strategic Location: Positioned approximately 500 meters from the planned bypass road and express highway route, positioning the site for long-term capital appreciation.

Target Development Profiles

• Developers planning residential complexes or high-end apartment projects.
• Hospitality investors seeking a site for a boutique hotel or luxury condo-hotel with panoramic sea views.
• Foreign investors acquiring prime coastal land ahead of Montenegro's planned EU accession.