Urbanised plot in Becici
Budva Riviera, Montenegro [ref: 8282]
The plot plan envisages low-density housing – residential apartments. The Gross Building Area
envisaged by the DUP amounts to 4,646.35 m2 (Building coefficient of 3.02) and maximum area of
Building occupancy of the plot amount to 929,27 m2 (Occupancy index of 0.60). The recommended
quantity of floors within the urban parcel amounts to P+4 (ground floor + 4 floors). The garage floor
is not included in the quantity of floors.
The plot lies on a hillside directly above the
Hotel Splendid in Becici with magnificent sea
views towards the Island of Sv. Stefan. Just
minutes from the beaches of Becici onto
which it looks directly. The land is well set
between the 5* Amam Sveti Stefan resort
and the historic old town of Budva.
• The land enjoys commanding views of the
Adriatic, facing due South and has a new
access road to the main highway.
• The neighbouring plots have been developed
into exclusive second home and holiday
apartments, and a similar scheme is envisaged
for this urbanised land.
The development opportunity for luxury
apartments of this kind is good, with a sales
market in place; off-plan sales are envisaged as
a potential means to part-finance the project.
The location is well established within highend
markets and is approximately 30 minutes
from Tivat Airport, 1 hour from Podgorica
Airport and 2 hours from Dubrovnik.