About the property
A unique investment opportunity in Montenegro – development land with a total area of 27,416 m², situated in the picturesque area of Grahovo, Municipality of Niksic, at an altitude of approximately 940 metres above sea level.
According to the Urban-Technical Conditions issued in 2024 and the Spatial-Urban Plan of the Municipality of Niksic, the property is designated for tourism development and allows construction through the direct implementation of the planning document.
Permitted Developments
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Ethno villages
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Traditional mountain settlements (katuns)
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Villas
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Apartment complexes
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Holiday rental homes
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Guesthouses
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Hostels
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Boutique hotels and other tourism and hospitality facilities
A particularly attractive opportunity is the development of an ethno village with multiple accommodation units, designed in a traditional architectural style and carefully integrated into the surrounding natural environment. The project may include accommodation facilities together with a reception area, restaurant, café, wellness and spa centre, retail shop, children's playground, workshops, and seminar facilities.
Planning Parameters
The land is located within Construction Zone VI under the Municipal Spatial Plan.
Permitted construction includes buildings with a maximum height of:
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Ground Floor + Attic (G+A)
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Basement + Ground Floor (B+G)
The planning documentation envisages an ethno village with multiple cottages, parking areas, and complete tourism infrastructure, while encouraging the use of natural materials such as stone and wood.
Investment Potential
The property offers exceptional potential for:
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Eco-resorts
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Wellness and retreat centres
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Sustainable tourism developments
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Mountain tourism projects
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Boutique hospitality concepts
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Investment tourism complexes surrounded by unspoiled nature
Distances
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Adriatic Sea – approximately 30 km
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Niksic – approximately 40 km
Surrounded by pristine nature and benefiting from favourable planning conditions, a strategic location, and a substantial land area, this property represents an outstanding opportunity for the development of a tourism project in Montenegro.
