Plot for joint construction in Budva Przno
This exceptional plot of land, located in the sought-after area of Pržno, Budva, offers 7,137 m² of prime real estate for joint construction. With pre-approved documentation in place, the plot is ready for the construction of a 3,497 m² building, featuring two floors and a basement. The land is just 1,000 meters from the sea, providing easy access to Budva’s beautiful coastline while benefiting from a peaceful, yet strategic location.
Under the terms of the joint venture, the landowner will retain 25% of the final project, while the developer will take the remaining 75%. This mutually advantageous arrangement allows both parties to benefit from the development’s full potential, with the landowner leveraging their prime location and the developer bringing their expertise to maximize the property’s value.
The plot’s location in Pržno offers tremendous opportunities for a variety of developments, from commercial spaces to residential or mixed-use projects, all within close proximity to the thriving tourism and business hub of Budva. The plot is fully prepared for construction, making it an ideal opportunity for a fast-track development, with all necessary permits and approvals already in place.
This is a rare investment opportunity for developers looking to capitalize on the growing demand for real estate in Budva, offering great potential for future growth and profitability in one of Montenegro’s most desirable areas.