Exclusive development land for 6 Villas – Tudorovići, Budva Riviera

An exclusive investment land plot with an area of 4,693 m² is available for sale. It is located in the settlement of Tudorovići (Blizikuće), one of the most prestigious and highly sought-after areas of the Budva Riviera, renowned for its luxury villa complexes.

The land boasts a completely open, panoramic position offering an unobstructed, permanent view of the sea. The location provides perfect peace and privacy, while being situated just a fifteen-minute drive from the center of Budva. Direct vehicle access road to the plot is fully secured.

According to the current planning documentation, the construction of a total of 6 buildings (luxury villas) is permitted on the plot, with a designated floorspace layout of Su + GF + 1 (Suteren/Basement + Ground Floor + 1st Floor).

Two flexible purchasing options are available to prospective buyers:

OPTION 1: Land for the construction of 6 villas (with utility fees paid for 5)

Ideal for investors looking for a comprehensive, shovel-ready project to build a larger complex.

• Total land area: 4,693 m²
• Maximum GBA (Gross Building Area): 2,880 m²
• Permitted construction: 6 buildings (Villas)
• Floors: Su + GF + 1
• Additional benefit: Utility fees (komunalije) are already fully paid for 5 villas, which drastically accelerates the construction startup process and reduces initial capital expenditures.
• PRICE: €1,700,000

OPTION 2: Land for the construction of 5 villas with paid utility fees

An excellent option for investors looking for a smaller-scale project or for creating a private, gated community of 5 premium properties.

• Maximum GBA (Gross Building Area): Up to 2,310 m² (+ garages and technical rooms which are excluded from the GBA calculation)
• Permitted construction: 5 buildings (Villas)
• PRICE: €1,400,000

Investment Advantages: Tudorovići currently represents a premium zone on the Montenegrin coast, where real estate and land values record steady, continuous growth. Thanks to the ready planning documentation, paid utility fees, and a clear sea view, this project offers a fast track to construction and a high, guaranteed return on investment (ROI) through the sale or rental of luxury villas.