AI Summary

This exclusive 1967 m² plot in the prestigious Podkosljun area offers a rare development opportunity with panoramic views of the Adriatic, the Old Town, and the island of Sveti Nikola. Thanks to its favorable cascading terrain and proximity to the sea, this property is the perfect base for realizing your premium development project in Budva.

Land Plot in Budva #2787

Current as of July 8, 2026
Budva · Budva Riviera
700 000 €
View: Sea view, Mountain view, City view

Details

Land area
1967 м²
To sea
420 m

Description

We offer for sale a land plot in Podkosljun, Budva — with a view of the sea, the Old Town, and the island of Sveti Nikola. The plot is situated on a slope in the prestigious Podkosljun area, and the terrain works in favor of the property: the cascading slope opens up a panorama of the Adriatic, the rooftops of the Old Town, and the island of Sveti Nikola — one of the most recognizable views of the Montenegrin coast. The distance to the sea and the beach is 250 meters.

Plot parameters:

  • Total area of urban plots: 1,967 m²
  • Total permitted construction (BRGP): 2,188 m²
  • Composition: 2 cadastral plots, 3 urban planning units 
  • Distance to the sea: 250 m
  • View: sea, Budva Old Town, Sveti Nikola island

Infrastructure and documents:

  • direct access from a public road
  • electricity, water, and sewage connected to the plot
  • urban-technical conditions (UTU) are issued

Location — Podkosljun:

This is a quiet residential and tourist area in the extended center of Budva. Everything needed for daily life is nearby, with no need to travel anywhere:

  • sea and beach — 250 m
  • supermarkets, pharmacies, restaurants, post office — within walking distance
  • kindergarten and school — in the area
  • Tivat airport — about 20 km

More than 35 beaches, the Old Town, and the island of Sveti Nikola — a combination that attracts over 2.6 million tourists every year and keeps the city as a leader in the number of visits and overnight stays on the coast. The state is simultaneously investing in infrastructure — a new highway, international airports in Tivat and Podgorica, marinas, and ports — and this only adds value to coastal locations like Podkosljun.

Investment potential:

With a permitted construction area of 2,188 m², the plot covers several scenarios: exclusive villas with sea views, a compact residential complex, or a tourist apartment hotel for short-term rentals. For an investor looking to implement an exclusive project in Budva — the city with the highest tourist demand in the country — this plot meets all the basic requirements: location, view, permits, and ready-to-use infrastructure on-site.

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
700 000 €
Real estate transfer tax
34 000 €
4 500 € (3% × 150 000) + 17 500 € (5% × 350 000) + 12 000 € (6% × 200 000)

Possible additional costs

  • Cadastre applicationsfrom 30 €
  • Ownership sheets (listovi) for the dealfrom 7 €
  • Sworn translator services· per contract / hourfrom 50 €
Total required costs35 194 €
Estimated costs to purchase the propertyTotal: 735 194 €

Location

What's nearby

  • SchoolE-Gimnazija1.2 km
  • KindergartenObdanište305 m
  • GroceriesAroma Market134 m
  • PharmacyMedicor256 m
  • HospitalDom zdravlja1.1 km
  • RestaurantLord138 m
  • Bus stop341 m
  • ATM144 m
  • AirportTivat Airport16.6 km
  • PortMarina Budva1.5 km
  • Sea420 m

Frequently asked questions

Yes. Foreign nationals can buy apartments and houses in Montenegro on the same terms as citizens, with full ownership rights. Restrictions apply only to certain agricultural and undeveloped land, which foreigners usually acquire through a Montenegrin company. We handle the entire legal process.
Buying costs depend on the property. Montenegro’s real-estate transfer tax is progressive — the rate depends on the value — and newly built homes are subject to VAT on the first sale. Add notary, registration and optional lawyer fees. The easiest way to get an exact figure for this property is our purchase-cost calculator.
This property is about 420 m from the sea.
Montenegro’s coast has strong seasonal short-term demand and growing long-term demand from people relocating. Actual returns depend on location, furnishing and management — ask us for a projection for this specific property.
Under the new law, a property purchase supports a temporary residence permit only if the property is residential and worth at least €150,000. The rules change periodically, so confirm the current requirements with us.

Calculate mortgage

Beta · still being polished
Property price
€700,000
yrs
5 yrs30 yrs
%
3%9%

Ставки банков

Beta · still being polished
CKB Bank
CKB Bankлучшая
фикс. на 5 лет · 7 дн
5.9%
€3,482/мес
NLB Banka
NLB Banka
плавающая Euribor + 4.2% · 10 дн
6.3%
€3,596/мес
Erste Bank
Erste Bank
фикс. на 3 года · 14 дн
6.5%
€3,653/мес
Monthly payment
€3,234
Over 240 months · at 5.0% p.a.
63%тело
Loan amount€490,000
Total interest€286,108
Loan amount
€490,000
Total interest
€286,108
Total payment
€776,108

Want to know how much you can actually get approved for?

< 1 minNo obligation3 banks at once

Rates shown as "from". Final offer depends on your credit profile and the bank's conditions.

700 000 €
2787