Rafailovići, Budva Municipality 85316

This charming property, located just 50 meters from the sea in Rafailovii, offers an excellent opportunity for a redevelopment project. Situated on the second line, the house has a total area of 89 square meters, accompanied by a yard of 84 square meters, providing ample space for future expansion. Although the house itself is old and currently does not have a permit, a request for legalization was submitted in 2018.The external walls of the house are robust, with a thickness of 80 centimeters, adding to the building& 039 s durability. Additionally, the property includes a garage adjacent to it, though ownership is currently under dispute.Given its prime location and proximity to the sea, this property holds great potential for a new development project. Whether you& 039 re looking to build a new family home or a holiday retreat, this site offers a blank canvas for your vision. The absence of existing legal burdens, as indicated by the lack of encumbrances in the land register, further enhances its appeal.Don& 039 t miss out on this unique investment opportunity in one of the most sought-after areas of Rafailovii.& nbsp