Land plot in Visnjevo, Budva, Montenegro: aerial view of the plot nestled among hills with a panoramic sea view.

House under construction on a plot of land in the mountains of Budva, Montenegro, with a panoramic view of the sea and green hills.

Building plot with a concrete foundation surrounded by forest, Budva, Montenegro.

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AI Summary

Discover a unique 1,460 m² plot in the picturesque area of Višnjevo, offering breathtaking panoramic views of the Adriatic Sea, majestic mountains, and the city. This is an ideal location for an elite investment project or building the villa of your dreams in one of the most beautiful corners of Montenegro.

Sale Land#2734

Land Plot in Višnjevo #2734

Current as of June 15, 2026

Budva · Budva Riviera

116 800 €

View: Sea view, Mountain view, City view

Details

Land area

1460 м²

Description

We offer for sale a unique plot of land with an area of 1,460 m² in the Višnjevo area, Kotor municipality. The plot is located on an elevation and boasts an impressive panoramic view of the Adriatic Sea and the surrounding natural landscapes. Due to its position, it is ideal for the construction of a luxury villa, an apartment complex, or an investment project for tourist rentals.

Main development parameters:

Land area: 1,460 m²
Urban plot: 1,150 m²
Purpose: residential construction (S)
Maximum Gross Building Area (GBA): 920 m²
Maximum number of floors: P+1+PK (three levels)
Maximum building height: 10 m
Building index: 0.8
Occupancy index: 0.3

Investment potential:

The plot is ideal for building:

a luxury private villa with a swimming pool;
an apartment complex for tourist rentals;
a boutique villa with several independent apartments;
an investment property for Airbnb and Booking.

The building area allows for the realization of a project with a total area of up to 920 m², including living spaces, technical areas, parking, and infrastructure for comfortable guest accommodation.

Advantages:

Urban planning conditions for construction obtained
Technical conditions for infrastructure connection provided
Possibility to build a facility of up to 920 m²
Promising area of the Kotor municipality
High potential for return on investment from tourist rentals
Suitable for personal residence and investment projects

The plot is located in a picturesque part of the Kotor municipality, surrounded by nature and with convenient access to the main tourist destinations of the Bay of Kotor. An excellent opportunity for investors, developers, and buyers planning to build a villa or apartment complex in one of the most sought-after regions of Montenegro.

Amenities

Sea View Mountain view City view

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price: 116 800 €
Real estate transfer tax: 3 504 €
Notary fees: 581 €

Possible additional costs

Cadastre applicationsfrom 30 €
Ownership sheets (listovi) for the dealfrom 7 €
Sworn translator services· per contract / hourfrom 50 €

Total required costs4 085 €

Estimated costs to purchase the propertyTotal: 120 885 €

Location

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.

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.

Sale Land