For sale: an exceptional plot on the first line from the sea in the region of Sv. Stefan, with over 100 meters of sea frontage.

This premium property is located in Crvena Glavica, near Sveti Stefan – the most elite part of the Montenegrin coast. The plot stretches approximately 116 meters along the coastline. Crvena Glavica is 6 km southeast of Budva. It is one of the most attractive and exclusive locations on the Budva Riviera due to its proximity to (and views of) the legendary Sveti Stefan island (managed by Aman Resort). Thanks to its unique position, untouched nature, and recent adoption of an urban plan with a low building density coefficient, this area is transforming into the “Beverly Hills” of the Budva Riviera, with low-density development and abundant greenery. This is one of the most exclusive locations for investment in Montenegro. Building parameters: • Cadastral plot area: 6142 m2 • Urban plot area: 5554 m2 • Permitted gross construction area: 2500 m2 • Maximum permitted building footprint: 1945 m2 • Construction of 5 villas allowed (5 or 6 buildings planned) • Building coefficient: 0.5 • Occupancy coefficient: 0.20 • Plot borders the coastline with a length of 116 m Price: €1000/m2 or Joint development: €3 million + one villa