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Investment land – Petrovac, Budva, Montenegro

7,500,000 €
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Land area: 2,665 m²
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Urbanised land with an existing object (hotel) and project design for sale, in popular coastal touristic town of Budva, Montenegro. Existing hotel and parking are situated on a plot of 2.665 m². Hotel footprint is 612 m², and total size of the object is 2,142 m². New project design for a 4* hotel was created in accordance with the planning permission. The design proposes a hotel of 8 levels (garage + ground floor + 6 more floors) with Gross Built Area of 10.990 m². Planned capacity of the new hotel is 275 beds plus other amenities. Project design was created according to the vision of current owners, however new owners will be able to make corrections to fit their needs. Hotel is 500m away from beach, 100m from supermarket and about 1.5km from city center. Contact us for more information or to schedule an appointment.

Statistics in Petrovac

Transport Price, €
Taxi, 1 km 0.7
Petrol, 1 l 1.28
Food Price, €
Water, 1.5 l 0.56
Milk, 1 l 0.75
White bread, 500 g 0.6
Eggs, a dozen 1.28
Chicken fillet, 1 kg 4.96
Education Price, €
Kindergarten, per month 118.18
International school, per year 9,000.0

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Enquire about this investment land
Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 17 4822 0039
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    • Bank financing from 4% annually
    • Construction site audits
    • Management company services
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