Land plot in Budva, Montenegro: aerial view of the property with olive trees and a panoramic view of the sea and the city.

Building plot in Budva, Montenegro: aerial view of the land with highlighted boundaries and infrastructure.

Building plot in Budva, Montenegro: aerial view of the land with trees and an access road.

Panoramic view of Budva, Montenegro: land plot with a sea view, residential buildings, and the Adriatic coast.

Panoramic view of Budva city and the sea from a land plot in Montenegro, featuring red-roofed buildings and the coastline.

Building plot in Budva, Montenegro: panoramic view of the city, residential area, and green zone.

Panoramic sea view of St. Nicholas Island from a land plot in Budva, Montenegro, surrounded by hills and greenery.

Panoramic view of Budva city and the island of Sveti Nikola in Montenegro from a hillside plot of land.

Panoramic view of Budva city and the island of Sveti Nikola, Montenegro, from a hillside plot of land.

Land plot in Budva, Montenegro: aerial view of houses at the foot of a green hill with dense vegetation.

Building plot in Budva, Montenegro: aerial view of houses at the foot of a green, forested hill.

Aerial view of a building plot in Budva, Montenegro, surrounded by dense forest and private houses.

Visualization of a residential complex project on a land plot in Budva, Montenegro: modern villas surrounded by greenery.

Visualization of a residential complex project in Budva, Montenegro: modern apartments with terraces surrounded by greenery.

Aerial view of a land plot in Budva, Montenegro, with a panoramic view of the sea, St. Nicholas Island, and the city.

Visualization of a modern villa project on a mountainside in Budva, Montenegro: panoramic view of the residential complex.

Modern villa project on a mountainside in Budva, Montenegro: visualization of a residential complex with terraces and a view.

Building plot in Budva, Montenegro, with a panoramic view of the sea, St. Nicholas Island, and the city.

Building plot in Budva, Montenegro: aerial view of a two-house project nestled among mountains and greenery.

Modern villa project on a mountainside in Budva, Montenegro: visualization of a residential complex with terraces and a panoramic view.

Modern residential complex in Budva, Montenegro: building design with panoramic balconies against a backdrop of a green hillside.

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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.

No. 2787

Land Plot in Budva No. 2787

Budva · Budva Riviera

€700,000

View: Sea view, Mountain view, City view

Details

Land area

1967 m²

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.

Amenities

City view Mountain view Sea View

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price: €700,000
Property transfer tax: €34,000
Notary fees: €1,212.42

Possible additional costs (not in the total)

Government fees

Cadastre registration of title (state fee)from €30
Title sheets (listovi) for the dealfrom €7

Total required costs€35,212

Estimated costs to purchase the propertyTotal: €735,212

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.