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10 hectares land plot

Adriatic beachside area & Mixed use Premium Resort

The legendary English romantic poet
Lord George Gordon Byron once said:

When the pearls of nature were sown, on this soil an overflowing handful was gathered. The most beautiful contact between the earth and sea took place at the Montenegrin littoral…

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Selitado Montebay

Innovation Park and Digital Nomads Village

Rezevici Budva Montenegro

Welcome to Selitado Montebay
Home: Escape: Retreat: Paradise*
A secluded private Paradise* as you want it to be...

10 hectares plot of the Adriatic beachside area

This exceptional site perched in the Debeli Rat bay on a gently slopping open hill with a cliff and provides the ideal location for a mixed use resort development.

Enough space for a grand decisions

Development is planned of condo hotel, luxury villas, premium camping and complementary facilities include Wellness-SPA, swimming pools, restaurants, stores, retreat center, mini-golf, sports center, kids club, open cinema itc. Allowed GDA for tourist complex is 56,100 m² with 480 beds.

The great potential in tourism

The special planning envisions new tourism zone on in the centre of Budva Riviera. The land plot is situated in Rezevici near from Budva, a destination that offers the great potential in tourism because of its preserved nature and naturally beautiful beaches with stunning Adriatic seaviews.

Aesthetic landscape

The site is situated immediately off the main coastal highway and is perfectly orientated towards the South-West, providing sun, spectacular sea views and dramatic sunsets.

Last serious place for an investments

Sitting proudly on the Budva Riviera, 2 km from well known Sveti Stefan, resort Selitado Montebay has outstanding views out across the Adriatic and the coast of Montenegro. Tivat Airport is only 25 km from Rezevici and the lively town of Budva is 15 min drive.

Direct access to the beaches

General agreement regarding a long-term lease of the two beaches reached with the public enterprise for Coastal Zone Management.

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Highlights

Vision and Possibilities

Condo Hotel & luxury villas and duplexes & Premium camping

Bursting at the seams with majestic mountains, breathtaking beaches and larger-than-life locals, minuscule Montenegro proves once and for all that good things do indeed come in small packages…

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The famous St. Stefan in sight...
  • Adriatic coast – the first line
  • entry from Adriatic Highway
  • fronting beaches
  • 9 km from Budva, Kotor (UNESCO World Heritage) only 30 minutes drive
  • three international airports: Tivat 20 km, Podgorica 60 km, Dubrovnik 70 km
  • panoramic view of the Budva bay and the mountains around

Highlights

Attractive investment*

Perfect location for next development project

*by Horwath HTL and Knight Frank assessment

Former President of Montenegro
Filip Vujanovic said:

Montenegro is one of the most attractive investment destinations in the Mediterranean, particularly in the field of tourism, real estate, energy and agriculture, this can be confirmed by investors from more than 100 countries…

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Investment schedule

  • €21,010,300

    Land purchase and planning phase.

    Closing on the purchase of a parcel of land. Territory study and preparing of the detailed urban development project.
  • €1,750,000

    Design phase.

    Preliminary design (Master-plan).
    Scheme design/Approvals design/Building permit.
    Tender documentation/BOQ.
    Working documentation.
    Integrated Object Monitoring.
    Site Supervision.
  • €10,100,000

    Construction phase.

    Development of recreation and premium camping . Landscape design. Premium camping will make project income already in a year. Reconstruction of the Adriatic Highways increases the prospects of the project.
  • €51,240,000

    Construction phase.

    Condo hotel and apartments complex construction.
    Landscape design.
  • €9,120,000

    Construction phase.

    Phased construction of villas is planned. The main villa of 2000 sq. m and 12 luxury villas will be built during the construction phase of the camping. In the future, another 25 villas will be built on the site with the gradual replacement of mobile homes and pitches.

Key Indicators

Contact us:

D.O.O. “DL Montenegro”
+382 67570473
welcome@selitado.com
Jovana Tomasevica 35, Bar, Montenegro, 85000

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