Location: Prčanj, Kotor
Plot size: 1,214 m²
Distance to the sea: 5–10 m (first line, direct access)
Views: panoramic views of Boka Bay and the mountains

Description

A unique seafront plot for sale in Prčanj. The sea is just a few steps away, with panoramic views over the bay and mountains. The location offers both privacy and excellent accessibility: a quiet green area only a few minutes from Kotor Old Town. A rare opportunity for a luxury residential project.

What can be developed

  • Renovation of existing structures within permitted parameters
  • Demolition of old buildings and construction of new villas or a modern residential complex
  • Subdivision of the land and construction of up to 3–4 separate units (from 350 m² for a standalone house or from 600 m² for a semi-detached)
  • Creation of a single exclusive villa or a boutique apartment complex
  • Additional amenities: swimming pool, garages, summer kitchen, utility buildings, terraces, lounge areas

Building parameters (per plan)

Designation: low-density residential (low-rise houses/villas)
Maximum building footprint: up to 364.2 m²
Maximum total gross floor area (all levels): up to 971.2 m²
Number of above-ground levels: up to 3
Minimum landscaped area: 35%

Price – 2,500,000€

Contacts & Viewing
+382 68 793 661
+382 69 283 900

Contact us to receive detailed information and discuss development options.

We can arrange an on-site viewing or an online presentation at your convenience.

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769 m² of land with the possibility to build up to 700 m² gross built area

A land plot of 769 m² is offered in Radovići (Luštica Peninsula, Tivat).
The plot allows the construction of a residential building with a gross built area of up to 700 m².

Price of the main plot: €250,000

An additional neighboring plot of 250 m² is available for purchase at €85,000, expanding the total buildable area to 900 m².

Preliminary estimate

Land price: €250,000
Re-registration: ~€12,500
Design: ~€21,000
Earthworks: ~€28,000
Concrete works (garages and basements): ~€110,000
Concrete works (main house): ~€315,000
Finishing: ~€525,000
Engineering systems: ~€157,500
Pool and landscaping: ~€100,000

Total construction cost: ≈ €1,519,000

Project economics (approximate)

Residential sales: 700 m² × €3,500/m² = €2,450,000
Garage sales: 180 m² × €1,500/m² = €270,000
Total revenue: ≈ €2,720,000
Net difference: ≈ €1,200,000
Profit tax (9%): ≈ €108,000
Estimated net profit: ≈ €1,100,000

ℹ️ All figures are approximate and provided for orientation purposes only. Final costs and returns depend on the chosen architectural design, finishing level, and materials.

Advantages

  • All utilities (water, electricity, sewage) are available nearby
  • Option to expand by purchasing an additional plot (€85,000)
  • Attractive location for a residential or investment project
  • Full service: design, construction, and turnkey delivery

Our Development Process

Discover how we turn ideas into completed properties — through a proven, step-by-step development process.
scheme process
1. Land Search

We identify prime locations with high investment potential and development value.

scheme process
2. Сoncept & Design

Our architects create thoughtful, modern project concepts tailored to the location and market needs.

scheme process
3. Approvals

We manage all permits to ensure full legal compliance.

scheme process
4. Construction

We manage the building process with strict quality control, timelines, and safety standards.

scheme process
5. Sales & Handover

Our team markets and sells ready properties, delivering them turnkey to satisfied clients.

Interested?
Contact us for details or to arrange a meeting:
+382 69 283 900
+382 68 793 661

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The project provides for the construction of a stylish residential home with a total area of 337.84 m², of which 238.19 m² is living space.

Key features

Plot size: 903 m²
Villa total area: 337.84 m²
Living space: 238.19 m²
Floors: 2 levels
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Advantages

The architecture emphasizes harmony with nature: panoramic windows, green integration and landscape design.
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Flexibility for the buyer

Although the project is ready, the buyer is not limited only to this design:

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navigate slider Our design
navigate slider Address Montenegro, Budva, Ul. Zrtava Fasizma 60