Investment project in Petrovac, Budva
A rare offer: an unfinished building with the possibility of expansion to 1200 m2 — just 100 meters from elite residential complexes.
About the area
Petrovac is a picturesque coastal town on the Budva Riviera, famous for its cozy atmosphere, clean beaches, historical heritage and olive groves. Tourist demand is consistently high here, and new projects are in demand from both tenants and buyers.
The project is located in a green area, surrounded by century—old cypresses and olives, with panoramic views of the sea and the city center. The beach and the entire urban infrastructure are 5-7 minutes away on foot.
Well—developed infrastructure - comfort and potential
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-1-Nearby high-market facilitiesApartments for sale for up to 3 000 – 4 000 €/m2, which indicates a high demand for the area (luxury housing, tourist rentals) - -2-A project with legal readinessThe facility is partially built, at the ground stage, there is a ready—made project for expansion to 1,200 m2 with two floors of garage; documents, connections and design documentation are included. Everything is legally clean, in an urbanized area.
We offer a unique property in Petrovac — on the shores of the Budva Riviera. The complex consists of two buildings:
The first is an unfinished building with an area of about 510 m2 with a foundation, partial construction and connected utilities.
The second is an object with a ready—made architectural project on 1,200 m2 with a garage and the possibility of scaling.
Both buildings are located in a green park area, surrounded by century-old olives and cypresses, with panoramic views of the Adriatic Sea and the center of Petrovac. There is a beach, an embankment, a cafe and the entire urban infrastructure within a 5-7-minute walk.
Cost of objects
- Object No. 1 — Unfinished 510 m2 (net)Price: 1 000 000 € (~1 950 €/ m2)
- The building is located among century-old olives and cypresses, overlooking the center of Petrovac and the sea
- The basement level, the foundation, and part of the structure are ready
- Ideal for individual refinement or apartment investment
- Object No. 2 — With a 1,200 m2 project and two garagesCost: 1,350,000 €
- A two-storey garage, expanded living areas
- and a complete technical and architectural project are provided.
- Suitable for personal use, as well as for rental or resale.
