Old Montenegrian village with more than 15 ruins and 18000m2 land, Budva, Petrovac

Montenegro , Budva , Petrovac

1.500.000€

Informations

Land
17894 m2
1700 m2

Description

For sale is a one-of-a-kind property that offers a true gem for anyone looking to invest in a unique location surrounded by nature, yet still in close proximity to the coast and major Montenegrin cities. This stunning complex is situated above Petrovac, in a peaceful and secluded area, offering panoramic views of the sea and lush Montenegrin nature.

Property Details

Land area: 18,000 m²
Existing ruins area: around 1000m2 plus 1,700 m² of ruins of the ground which not registered in cadastar
Potential Gross Built Area (BRGP) after reconstruction: approximately 2,400 m², with the possibility for further expansion.
More than 15 ruins, including an old stone complex and an ancient church – testaments to the rich history of the area.
The property already has around 50 olive trees, adding to the authenticity and rustic character of the location.

Potential

This is a property with immense investment potential. It is perfect for the construction of a luxury village, an exclusive hotel, or any other type of development that requires complete privacy and an unmatched location. Reconstruction of the existing structures allows for preserving the authenticity, while offering space for modernization and luxury amenities.

Location

Distance to Petrovac: 3-4 minutes by car
Distance to Budva: approximately 20 minutes by car
Distance to Tivat airport: 35 km
Distance to Podgorica airport: 53 km

This property offers complete peace and seclusion, yet very easy access to all the major spots along the Montenegrin coast. The proximity to main cities and airports provides the perfect balance between privacy and accessibility.

Why this property?

This is a unique opportunity to own an entire village in one of the most beautiful natural oases of Montenegro. With limitless development possibilities and significant investment potential, this property is ideal for those looking to create a luxury destination in perfect harmony with nature.

Take advantage of this opportunity to lay the foundation for a future project that will become a central part of Montenegro’s tourism. This location offers unmatched tranquility, breathtaking views, historic charm, and incredible potential.