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If you’re looking for land for sale in Budva with sea views and approved development potential, this exceptional investment opportunity in Podkošljun is worth your attention. With a combined gross building area (GBA) potential of 2188 m², and located only 250 meters from the coastline, these plots offer a rare chance to build city villas, holiday apartments, or tourist-residential buildings in one of Montenegro’s most desirable locations.
Podkošljun is a well-developed residential-tourist district situated within the central area of Budva. Known for its peaceful surroundings and easy access to both the city and beaches, it’s home to year-round infrastructure:
The cascading terrain offers stunning panoramic views of the Adriatic Sea, the Budva Old Town, and St. Nikola Island — one of Budva’s iconic natural landmarks (more about St. Nikola Island).
This land for sale in Budva consists of two larger cadastral parcels divided into three urban plots (UPs), and can only be purchased as a whole.
All plots come with official UTU documentation (Urban Technical Conditions), defining the allowable construction scope.
Total GBA allowed across all plots: 2188 m²
This allows you to develop up to 3 buildings with mixed-use or purely residential-tourist functions — making it a versatile investment for both private developers and larger real estate companies.
The land offers full urban amenities:
Such infrastructure readiness greatly reduces the preparation time and cost before development.
Budva is Montenegro’s tourism capital, with an increasing demand for modern apartments, boutique hotels, and city villas. Investing in pre-zoned urban land with full documentation is both safe and profitable, especially when the land is in such a high-demand central location.
According to Statista, property prices in the Budva Riviera continue to trend upward, and returns on coastal development projects are among the highest in Southeast Europe.
To receive the full documentation or schedule a site visit, get in touch with us today. Explore other Montenegro land investment opportunities on our portal:
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