Investment Land with Panoramic Views Above Hotel Avala, Budva

An exceptional investment opportunity is offered on a prestigious location above Hotel Avala, featuring cascading terrain and breathtaking panoramic views over the Budva Bay.

The plot is triple-oriented, ensuring optimal sunlight exposure and open sea and city views. The land extends directly to the main road, combining privacy with excellent accessibility — a key advantage for future development.

The total land area is 1,374 m². A solidly built family residential house of approximately 500 m², constructed in 1981, is located on the property. According to the owners, the building has a strong structural foundation. It is recommended to conduct an independent structural assessment to determine whether renovation or demolition would be the best option for future development.

The property is ideal for the construction of:

• Boutique hotel

• Hotel or motel

• Residential complex

• Tourist apartment complex

• Luxury private villa

Ownership: The house and the main plot are owned by two individuals (mother and daughter). An adjacent plot belongs to a relative (uncle), potentially allowing for project expansion if required.

This is a rare opportunity to invest in one of Montenegro’s most sought-after coastal destinations with strong tourism and development potential.