The property is located very close to the Adriatic road, on the right side of it, driving from Sveti Stefan towards Budva. Pržno centre and Maestral Hotel are just a few meters east from the site, on the opposite side of the road. Overall, an excellent development opportunity, within close vicinity to the iconic Sveti Stefan.
The property is an attractive land plot consists of five cadastral parcels: 753/1, 753/2, 756, 757 and 758, with a total area of 2,383 sqm. It is located in a residential zone, on a sloping terrain with an excellent sea view. In line with Detailed Urban Plan, there are allowed footprint 0.3 and plot ratio 0.9.