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Land for sale 1 727m2 in Sutomore, Montenegro - 145 000€

145 000 € ID: 130656
  • Sale
  • Montenegro
  • Budva Riviera
  • Sutomore
  • Land
  • 1727 m2
  • 700 m

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In a green and peaceful part of the coast, in the Zagradze area, near one of the popular resort destinations, there is a spacious plot with panoramic sea views. Due to its convenient location just 700 meters from the beach and the surrounding nature, this place is ideal for creating a residential complex, boutique hotel or apartment building designed for both locals and tourists.

The total land area is 1,727 square meters. According to the current urban development plan, the construction of a four-storey facility with a total area of up to 1807 square meters is allowed on the territory, while the maximum base area can be up to 602 square meters. Such parameters provide broad architectural and commercial opportunities for the implementation of projects of various scales.

The site's infrastructure also meets modern requirements: urban water and electricity supply are located in the immediate vicinity, and there is an access road, which simplifies logistics and construction work. The area is characterized by natural silence, clean air and picturesque landscapes, which makes it especially attractive for tourists seeking solitude and comfort away from the noise of the city.

The investment potential of this location is supported by stable demand for rental and purchase of real estate near the sea. The Zagradze district is actively developing and is becoming more and more in demand among both local developers and foreign investors.

The cost of the plot is 145,000 euros. Given the permit for large-scale construction, proximity to the coast and the prospects for the development of the region, this facility represents a profitable investment opportunity with a high probability of capital growth and profit in the future.

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