Land for sale in Budva, Montenegro by Red Panda Properties No. 1063

Land in Budva, Montenegro No. 1063

$ 1 505 816

12.11.2025 $ 1 505 816

Budva, Montenegro

Red Panda Properties

Contact seller

Parameters

1063

Type

Land

Property description

Budva Riviera, Kulyache district. A plot of land for elite development.

We invite interested Investors to participate in the Project together

The plot has the urbanization of the local Cadastral community – KO Kulyach

Technical conditions have been issued for the construction of a village of six villas, each with its own swimming pool

View of the Budva Riviera and mountains

The base areas of the villas are from 318 to 330 sq.m.

Land areas from 500 to 600 sq.m.

Distance to the sea 3350m

All communications are available

The plot area is 7137 sq.m.…

Permitted number of floors of construction (G+S+P+1) underground garage + three residential floors

Building coefficient 0.5

Employment rate 0.2

The price of the plot is 179 euros per square meter

The total cost of the plot is 1277523 euros

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

Cost of living Index

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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

Cost of Living and Rent Index

Purchasing Power Index

Property Price to Income Ratio

Safety Index

Traffic CO₂ Index

Traffic Inefficiency Index

Rent Index

Health Care Index

Groceries Index

Pollution Index

Traffic Commute Time Index

Restaurant Price Index

Climate Index

Cost of Living Index

Quality of Life Index

162

Traffic Index

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

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

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