Rezevici residential development, Budva

, Montenegro [ref: 4787]

€ 750,000
(£ 652,500)
Rezevici residential development, Budva

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Property Details

Location: Rezevici



Size: 10566sq m

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Property Description

Urbanised site to develop 5,500m2 of GBA in an exclusive part of the Adriatic coast.
Upmarket village of Rezevici is half way between Budva and Petrovac.  Site has stunning views over Rezevici monastery and the open sea. The completed preliminary design consists of 9 buildings, with a combination of 1 & 2 bedroom apartments and townhouses, as well as club house with restaurant and fitness centre, all set in landscaped grounds with swimming pools, terraces and parking.  All units are South facing with sea and monastery view.
In the vicinity are the newly refurbished Hotel As and the site of the future Kempinski Hotel.  Sveti Stefan and lively Budva are only 5 minute drive.  Access from Tivat (30 mins), Podgorica (45 mins) or Dubrovnik airports (90 mins).  Site is 400m from sea.  Rezevici beach is stunning – sand, edged by pine and olive trees.
Summary figures
Land surface                                         10,566m2
Maximum  permitted Gross Built Area  6,150m2
Net Sell-able Area                                  5,056m2
№ buildings                                               9

Current configuration
1 bed apartments       10
2 bed apartments       30
Town houses                5
Club house                  1


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