• For Sale
    Lustica peninsula
    Land
    Ref. 15953

    Exceptional plot for 5* hotel development, 20.995m2, Krasici

    Asking Price
    €9.450.000

    20995m2 Property size

    Located on the Montenegrin peninsula Lustica, in the largest bay on the Adriatic Sea - on the shores of the Bay of Kotor, which is called the southernmost fjord in Europe, 10 minutes from Tivat Airport.

    The last plot on the seashore where it is still possible to build a 5* hotel.

    The nature here is perfect. Majestic mountains, azure sea. Secluded bays with fine sand and pebble beaches are scattered along the coast, and pine and olive groves, authentic villages, private farms and vineyards are located in the neighborhood. In a word, this location is idyllic.

    The foundation was laid for the construction of the Golf Residences area. The world-famous player Gary Player was invited to develop the golf course project. A professional 18-hole course will be built here, the first 9 will open by the end of 2023. In general, the project is unique. According to experts, less than 10% of golf courses in the world provide an opportunity to observe the sea from any point.

    The Centrale district will become a commercial, administrative and cultural center. The main city services will be located there: a kindergarten, a school and a medical center, a police and fire department, a bank, a post office, a car service and gas station, an outlet village, a conference center and sports complexes. New parks will be laid out in the district, walking areas will be improved, galleries, shops and cafes will open on the central square.

     

    Plot total area 20 995 m2

    The total area of the complex - 16 287 m2

     

    *HOTEL: Total area of above ground floors 8 382.34 m2

    Total area of underground floors 5,956.10 m2

    Total area of the hotel 14,338.44 m2

    *GUEST HOUSE:

    Total area of above ground floors 1,620.60 m2

    The total area of the underground floors 328.23 m2

    Total area of the department 1 948, 83 m2

     

    * On the first plot of 16,029.76 m2:

    DOUBLE ROOMS - 29pcs - 43.3%

    TRIPLE ROOMS - 26pcs - 38.9%

    ONE BEDROOM APARTMENT - 4pcs - 5.9%

    APARTMENT WITH TWO BEDROOMS - 2pcs - 3%

    APARTMENT WITH THREE BEDROOMS - 4pcs - 5.9%

    APARTMENT FOR QUADRUPLE - 2pcs - 3%

    TOTAL - 67 ROOMS

     

    *On the second plot of 4,966.06 m2:

    ONE BEDROOM APARTMENT - 2pcs - 25%

    APARTMENT WITH TWO BEDROOMS - 2pcs - 25%

    APARTMENT WITH THREE BEDROOMS - 4pcs - 50%

    TOTAL - 8 APARTMENT

     

    For detailed information, and to schedule your property viewing, please contact our property advisors at info@residomontenegro.com.


    Main Amenities

    • Waterfront
    • Sea View
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Responsibility and purchase service cost
Notary cost, Real estate transfer tax if any (can be none or 3%), and legal costs if any, are entirely to be covered by the buyer. Resido Montenegro d.o.o. bears no responsibility for the correctness of here published information, which is based exclusively upon details conveyed to ourselves by our client/owners. Resido Montenegro d.o.o. has no obligation to update, modify or amend this document or to otherwise notify a reader of any matter stated herein, or any opinion, projection, forecast or estimate set forth herein, urbanistic and cadaster information or modification or subsequently becomes inaccurate. The right to effect prior sale is reserved. No agency commission is charged to a buyer | Agency Fee is paid by the seller(s).

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