Land in Sveti Stefan

For Sale Sveti Stefan No. S705 This premium quality property is located in Crvena Glavica, near Sveti Stefan, and has 116 m of coastline. This area is one of the most elite areas on the Montenegrin coast. This place is located 6 km from Budva in the south-east direction. This area is one of the most attractive and exclusive in the Budva Riviera due to its proximity (and views) to the legendary island of Sveti Stefan (managed by Aman Resort). Due to its unique location, untouched nature and the fact that the area is being developed according to the recently approved urban plan (with a low development index) - this area is turning into the Beverly Hills of the Budva Riviera with low-density buildings and plenty of greenery. This is probably one of the most exclusive areas for investment projects in Montenegro. Urban planning parameters Cadastral plot area 6142 m2 Urban planning plot area: 5,550 sq.m Maximum number of objects: 6 villas Development index: 1.05 Total development area: 5,835 sq.m Number of floors: 3 Access to the coastline 116 m