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Global Properties

Land in Budva, Montenegro No. 1062

$ 2 334 059
12.11.2025 $ 2 334 059
Budva, Montenegro
Red Panda Properties
Red Panda Properties
Contact seller
Parameters
ID
1062
Type
Land
Property description
Budva Riviera, Glavati district. A large urbanized plot adjacent to the highway

We invite interested Investors to participate in the Project together

The plot area is 14454 sq.m.

The construction of the following facilities is allowed:

- residential facilities with a total area of 11563 sq.m.;

- tourist objects with a total area of 4336 sq.m.;

- supermarkets, production facilities, warehouses, industrial facilities, with an area of 14454 sq.
m.;

- objects of mixed use, with an area of 14454 sq.m.…

All communications are nearby

The site is located on the Adriatic highway, between the cities of Budva and Tivat; there is a need to expand the urban infrastructure, therefore, the construction of an object of any of the permitted purposes is a promising investment

The plot is horizontally flat, there is a natural stream on the plot, which is the key to solving the issue of providing the future structure with water in addition to the existing urban water supply.

The plot has an interface with the main highway of 82 meters, which will make it possible to build a huge parking lot in front of the building, for example, in front of a supermarket, gas station, or other object

The price of one square meter is 137 euros

The cost of the plot is 1980198 euros

No haggling

Additional information – on request

Real estate by the sea with a competent location is now considered as investment objects with year-round (and not seasonal) profitability. Investing in real estate on the seashore has become more profitable than ever.

The attractiveness of investing in real estate in Montenegro is due to the stability of passive income, rising real estate prices, increased investment in housing construction, stable valuation of assets in euro currency, obtaining a residence permit, Montenegros imminent entry into the EU, a constant increase in the flow of tourists, a low level (almost absence) of crime, ecology.
Statistics Budva
$ 4 226
Price per m²
162
Quality of Life Index
49
Cost of living Index
Parameters
[:second_city:]
Budva
Difference
Monthly Rent Cost
1-Room Apartment
$ 849
2-Room Apartment
$ 579
Apartment Purchase Price per m²
In the City Center
$ 4 226
Outside the City Center
$ 3 141
Crime Index
26
Cost of Living and Rent Index
38
Purchasing Power Index
55
Property Price to Income Ratio
17
Safety Index
74
Traffic CO₂ Index
0
Traffic Inefficiency Index
5
Rent Index
23
Health Care Index
51
Groceries Index
42
Pollution Index
25
Traffic Commute Time Index
17
Restaurant Price Index
56
Climate Index
90
Cost of Living Index
49
Quality of Life Index
162
Traffic Index
23
Restaurants
Meal, Inexpensive Restaurant
$ 14.68
Meal for 2 People, Mid-range Restaurant, Three-course
$ 66.92
McMeal at McDonalds (or Equivalent Combo Meal)
$ 11.74
Domestic Beer (0.5 liter draught)
$ 3.52
Imported Beer (0.33 liter bottle)
$ 3.82
Coke/Pepsi (0.33 liter bottle)
$ 2.04
Water (0.33 liter bottle)
$ 1.36
Cappuccino (regular)
$ 3.23
Markets
Milk (regular), (1 liter)
$ 1.27
Loaf of Fresh White Bread (500g)
$ 1.09
Eggs (regular) (12)
$ 3.22
Local Cheese (1kg)
$ 9.27
Water (1.5 liter bottle)
$ 1.19
Bottle of Wine (Mid-Range)
$ 6.46
Domestic Beer (0.5 liter bottle)
$ 1.19
Imported Beer (0.33 liter bottle)
$ 1.80
Cigarettes 20 Pack (Marlboro)
$ 4.46
Apples (1kg)
$ 1.41
Chicken Fillets (1kg)
$ 9.64
Oranges (1kg)
$ 1.66
Potato (1kg)
$ 0.97
Lettuce (1 head)
$ 1.77
Rice (white), (1kg)
$ 2.32
Tomato (1kg)
$ 3.16
Banana (1kg)
$ 1.79
Onion (1kg)
$ 1.21
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 13.20
Transportation
One-way Ticket (Local Transport)
$ 2.94
Monthly Pass (Regular Price)
$ 41.09
Gasoline (1 liter)
$ 1.75
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 30 524
Taxi Start (Normal Tariff)
$ 1.17
Taxi 1km (Normal Tariff)
$ 1.17
Taxi 1hour Waiting (Normal Tariff)
$ 17.61
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 27 002
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 155
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 34.31
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 16.33
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 062
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
6%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 54.30
Tennis Court Rent (1 Hour on Weekend)
$ 22.60
Cinema, International Release, 1 Seat
$ 5.87
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 110
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 46.96
1 Pair of Nike Running Shoes (Mid-Range)
$ 96.86
1 Pair of Men Leather Business Shoes
$ 188
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 421
International Primary School, Yearly for 1 Child
$ 10 214
Red Panda Properties
Red Panda Properties
Contact seller
Red Panda Properties
Red Panda Properties
Contact seller

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