Budva is a historic coastal town located on the Adriatic Sea in Montenegro, and within the Budva Riviera one of the most popular tourist destinations in the Balkans.
Lying roughly 25 km southwest of Montenegro's capital Podgorica, and close to Tivat and Kotor, Budva is a great location on Montenegro's popular coastline, attracting tourists, private use property buyers and and luxury real investors.
Investing in land is one of the oldest and most stable forms of building wealth, with demand increasing as populations grow, especially in growing urban or suburban areas in Budva, Montenegro.
Undeveloped or raw land also often appreciates due to infrastructure development, zoning changes, or economic expansion nearby.
With planning permission, if required, land in Budva, Montenegro can be developed with homes, apartments, commercial buildings, farms, or even renewable energy projects, and buying land in upcoming development zones can boost profits as construction demand rises.
Land doesn't require upkeep, repairs, or management, and property taxes and or insurance come much lower than for developed real estate.
Land can be handed down through generations as an investment, while maintaining or increasing in value over decades, and many wealthy families use land ownership to preserve long-term wealth and build generational assets.
