Land for sale 7 642m2 in Petrovac, Montenegro - 600 000€

A unique plot of land for construction is for sale in one of the most promising places of the Budva community - Bulyarice, near Petrovac. This plot on the first line of the sea is an excellent investment proposal for the implementation of a tourist project. With a total area of 7,642 m2 and an urban plot area of 4,550 m2, it offers significant development potential.

The maximum possible building area is 7,900 m2, with a permitted height of up to 5 floors, which makes the site ideal for the construction of a hotel, an apartment hotel, a boutique hotel or other tourist facility. The building coefficient (ki) is 1.75, and the occupancy coefficient (kz) is 0.35, providing flexibility in the planning of the facility.

Advantages of the site: a preliminary project has already been developed, which has received the approval of the state architect, which greatly simplifies the process of further construction.

Due to its location on the coast, this site offers magnificent views of the Adriatic Sea and can become the basis for creating a premium tourist destination. This is a great opportunity for investors interested in developing a high-quality project with huge profitability potential. For more information, please contact us.