- 27,285,000 €
- 4.7% yield
For sale: an urbanized plot of land with a total area of 22,800 m² in Ulcinj — one of the most attractive and promising locations on the Montenegrin coast. The plot is situated on a quiet southern slope and offers a fantastic sea view, while being only a few minutes’ drive from the center of Ulcinj. This exceptional location combines peace and privacy with close proximity to all key amenities, making it an ideal choice for developing a luxury tourist complex. The land covers a total area of 22,800 m² and consists mainly of pastures and forested areas. According to the planning documentation, it is located within Planning Zone 1, “City of Ulcinj, ” and is designated for the construction of hotels, tourist resorts, villas, apartments, and accompanying wellness facilities such as spa and medical centers. The location is classified as a tourist zone where special regulations apply for the distribution of land between hotels and other tourist accommodation facilities. The total permitted development rate is 40% (around 10,000 m²), while the plot utilization rate is 20% (around 4,600 m²), allowing the construction of an exclusive complex with rich facilities and large green areas. The land has all necessary conditions for immediate investment — direct access to a public road, access to the beach only 180 meters away, water connection at 100 meters, and power supply at 400 meters. Ulcinj is known for its long sandy beach, crystal-clear sea, and over 270 sunny days per year. Tourism in this region continues to grow steadily, and Montenegro’s EU candidate status further increases the investment potential and real estate value. Land prices in this area are expected to rise significantly in the coming years, making this offer an exceptional opportunity for investors seeking a safe and profitable investment on the Montenegrin coast.
If this property wasn’t for you, take a look at other investment land for sale in Ulcinj city.
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