Municipality: Tivat
Size: 18839m²
Type: Coastal
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Oak Village has been granted full Master Plan Approval for the development of 70 new Luxury villas and the complete restoration of the old stone village of Zecevo Selo (26 individual units), including restaurant facilities and other services.
Oak Village is one of the largest and most dramatic development sites on the coast of Montenegro which has the peace and tranquility of a rural location, yet is only a 10 minute drive from the lively UNESCO protected town of Budva.
Set high on the terraced slopes of a mountainous valley overlooking the Adriatic coast, the Oak Village site is a naturally framed amphitheatre, which offers exceptional views towards the open sea, the famous Jaz beach and surrounding Lovcen mountains.
The development concept is to create a Mediterranean hillside village with luxury villas, apartments and a spa club.
The design of the site is inspired by the presence of a unique rural Montenegrin stone village (Zecevo Selo) perched high on the valley slopes. This picturesque authentic village will be restored to create a retail hub for the development, with a concentration of cafés, bars and shops.
A significant standalone restaurant will be developed in the largest of the village ruins. It is envisaged that the local community will become integrated with this regeneration process, providing fresh vegetable produce, traditional home-made cheeses, smoked hams, wines and the local grappa.
Design & Construction
The nature of the sloping site will result in a development which sits naturally within the landscape, giving the overall appearance of a traditional Mediterranean hillside village. Together with the use of traditional materials and characteristic architectural language, the rural authenticity and heritage of the development area will be maintained.
A significant percentage of the terrain is agricultural terrace supported with stone dry walls. Much of the construction will be concentrated in these areas. The gradient of the slopes is between 16-35 degrees, but mostly below 20 degrees. The slope of the terrain allows for three storey buildings, with open views to all. The residential development will take the form of village clusters around communal pools and terraces.
Infrastructure & Transport Access
The site is approximately a 10 km drive from the coast via the existing 3/4 lane Adriatic Highway, however 2 km as the crow flies. To facilitate the proper functioning of the new development, new local access roads will connect all parts of the site with the existing road and wider area. Electric and telco cable networks serve the area. The site is located near to the central electricity hub which services the entire coastline.
Although the immediate district is not currently connected to mains water and waste, as part of the urbanization program of this designated zone, the local Municipality (Budva) is obliged to provide the necessary services and infrastructure appropriate to anticipated future demand. The development site is supplied by numerous natural water sources. The regulation of the water supply will be facilitated by capturing the natural water at source and storing in strategic reservoirs above the development.
Please note: Asset land areas may have changed for some projects, so any reference to square meterage (m2) would need to be verified prior to sale.
Municipality: Tivat
Size: 18839m²
Type: Coastal
Municipality: Tivat
Size: 18839m²
Type: Coastal
Municipality: Kotor
Size: 12040m²
Type: Coastal
Municipality: Kotor
Size: 12040m²
Type: Coastal
Municipality: Herceg Novi
Size: 4109m²
Type: Coastal, Coastal Restoration
Municipality: Herceg Novi
Size: 4109m²
Type: Coastal, Coastal Restoration
Municipality: Herceg Novi
Size: 14021m²
Type: Coastal
Municipality: Herceg Novi
Size: 14021m²
Type: Coastal