AI Summary

A land plot for sale in the prestigious Podkošljun area in Budva with panoramic views of the sea, mountains, and the city. The plot of 903 m² with permitted construction of 1042 m² is located just 420 meters from the sea and less than 2 km from the Old Town. An ideal solution for building a property with magnificent views and a favorable location.

Land in Budva No. 2867

Current as of August 28, 2026
Budva · Budva Riviera
550 000 €
View: Sea view, Mountain view, City view

Details

Land area
903 м²
To sea
420 m
Urban plan (DUP)
UTU 1125
Purpose
Residential (Stanovanje)
Floors
G+P+2
Max BGP
268 m²
Iz
0.30
Ii
0.90
Zone
SM3
UTU 1126
Purpose
Residential (Stanovanje)
Floors
G+P+2+Pk
Max BGP
774 m²
Iz
0.33
Ii
1.31
Zone
SM2
Potential renders

Concept design, not binding for construction.

Description

We offer for sale a land plot in Podkošljun, Budva — with a sea view. The plot is located in the prestigious Podkošljun area, in the extended city core of Budva, and consists of two urban planning units. The nearest beach is about 470 m away, and the Old Town is less than 2 km.

Plot parameters:

  • Total area of urban planning plots: 903 m²
  • Total permitted development (BRGP): 1,042 m²
  • Composition: 2 cadastral plots, 2 urban planning units

Purpose:

The plot is intended for the construction of city villas, low-density houses, and tourist-apartment facilities.

Infrastructure and documents:

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

Location — Podkošljun:

A quiet residential and tourist area in the extended center of Budva:

  • beach — 470–630 m
  • supermarket, pharmacy, kindergarten — 260–310 m
  • Old Town of Budva — 1.8 km
  • Tivat airport — about 20 km

Over 35 beaches on the Budva Riviera, rich tourist infrastructure, and the status of the country's most visited coastal destination annually support demand for real estate in this area. The state is simultaneously investing in coastal infrastructure: the Budva–Tivat boulevard is under construction, a bypass road around Budva is planned, and a concession investor is being attracted to the airports of Podgorica and Tivat with an obligation to invest at least €300 million in their modernization.

Investment potential:

The total permitted development of 1,042 m² on two plots covers several scenarios at once: a compact villa and a larger residential facility — up to a small apartment building or a tourist apartment facility for rental. The investor can develop both parcels under a single project or implement them separately and independently of each other.

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
550 000 €
Real estate transfer tax
25 000 €
4 500 € (3% × 150 000) + 17 500 € (5% × 350 000) + 3 000 € (6% × 50 000)

Possible additional costs

  • Cadastre applicationsfrom 30 €
  • Ownership sheets (listovi) for the dealfrom 7 €
  • Sworn translator services· per contract / hourfrom 50 €
Total required costs26 037 €
Estimated costs to purchase the propertyTotal: 576 037 €

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
€550,000
yrs
5 yrs30 yrs
%
3%9%

Ставки банков

Beta · still being polished
CKB Bank
CKB Bankлучшая
фикс. на 5 лет · 7 дн
5.9%
€2,736/мес
NLB Banka
NLB Banka
плавающая Euribor + 4.2% · 10 дн
6.3%
€2,825/мес
Erste Bank
Erste Bank
фикс. на 3 года · 14 дн
6.5%
€2,870/мес
Monthly payment
€2,541
Over 240 months · at 5.0% p.a.
63%тело
Loan amount€385,000
Total interest€224,799
Loan amount
€385,000
Total interest
€224,799
Total payment
€609,799

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.

550 000 €
2867