The proposed design includes garages in the underground floor, business premises on ground floor and 6 floors apartments. This layout allows for ample parking space and provides enough room for multiple units or commercial spaces.

Budva is a popular coastal town in Montenegro known for its beautiful beaches, historic sites, and vibrant nightlife. Budva center is the heart of the town, where you can find a variety of shops, restaurants, cafes, and cultural attractions.

Building in Budva center offers a range of advantages, including easy access to amenities, proximity to the beach, and a lively atmosphere. Additionally, investing in real estate in Budva has the potential for high returns due to the town’s popularity among tourists and its growing economy.

Before starting any construction project, it’s important to consult local authorities and adhere to their regulations and permits. It is also advisable to work with qualified professionals, such as architects and contractors, who are familiar with the local building requirements and processes.

Budva is a coastal town in Montenegro, located along the Adriatic Sea. It is one of the most popular tourist destinations in Montenegro, known for its beautiful beaches, historic old town, and vibrant nightlife.

The old town of Budva is a walled city with narrow, cobblestone streets and medieval architecture. It is home to ancient churches, such as the Church of St. Ivan, and historical sites like the Citadela fortress. Walking through the old town offers a glimpse into Budva’s rich history and cultural heritage.

Budva is also famous for its stunning coastline and sandy beaches. Some popular beaches in Budva include Mogren Beach, which is split into two parts by a rocky cliff, and Jaz Beach, known for its crystal clear waters and hosting many music festivals during the summer.

Aside from its natural beauty and historic sites, Budva is also known for its vibrant nightlife. The town has a wide range of bars, clubs, and restaurants that cater to all tastes and preferences. The open-air clubs along the beach promenade are particularly popular in the summer months.

In recent years, Budva has experienced significant development, with many luxury hotels and resorts being built along the coast. This has attracted tourists from all over the world, making Budva a cosmopolitan and bustling destination.

Overall, Budva is a combination of historical charm, natural beauty, and a lively atmosphere, making it one of Montenegro’s top tourist spots.

The total gross developed area is estimated at 2,700 square meters, showcasing the potential for a substantial building project. This development opportunity is ideal for a joint venture between the landowner and an investor.

Under the terms of the joint venture, the landowner will retain 25% ownership of the built structure. Meanwhile, the investor will be entitled to 75% ownership. This arrangement ensures a fair distribution of assets and fosters a mutually beneficial partnership between the two parties.

Given the growing popularity of Budva as a tourist destination, investing in this project offers significant potential for returns. Budva is renowned for its beautiful beaches, historical sites, and vibrant nightlife, attracting a large number of visitors each year.

The combination of a desirable location, substantial plot size, and a joint venture model ensures that the development in Dubovica is a promising investment opportunity. With a total gross developed area of 2,700 square meters, this project presents a chance to create a remarkable building that will contribute to the urban landscape of Budva.

Budva, located on the Adriatic Sea in Montenegro, has established itself as a luxury destination attracting wealthy individuals from around the world. The town is known for its stunning beaches, crystal-clear waters, and vibrant nightlife.

Rich people often flock to Budva to enjoy the luxurious amenities such as high-end hotels, gourmet restaurants, and exclusive clubs. Yachting is also a popular activity in the area, with many wealthy visitors arriving on their private yachts to dock in the marina.

The old town of Budva is a charming and picturesque area with narrow cobblestone streets, historic buildings, and medieval walls. It offers a glimpse into the town’s rich history and culture, making it a popular attraction for tourists and wealthy visitors alike. The old town is also home to upscale boutiques, art galleries, and fine dining establishments, catering to the affluent clientele that frequents the area.