9,447.750 € (450 €/m²)
20995 m²

Sale, hospitality venue, 20995m², Luštica, Herceg Novi

Luštica, Herceg Novi Crna Gora

Property description

Sale of a land plot with a 5-star hotel project.

The land plot is located on the Montenegrin peninsula Luštica, in the largest bay on the Adriatic Sea - on the coast of Boko Kotorskog zaliva, which is called the southernmost fjord in Europe, 10 minutes from Tivat airport.

The last land plot directly on the seashore where it is still possible to build a 5-star hotel. The nature here is luxurious. Magnificent mountains, azure sea. Secluded coves with fine sandy and pebble beaches are scattered along the coast, and in the surroundings there are pine and olive groves, authentic villages, private estates and vineyards. In a word, an idyll.

Foundations have been laid for the construction of the Golf Residences area. World-renowned player Geri Plejer has been invited to develop the golf course project. Here, an 18-hole professional course will be built, the first 9 will be open by the end of 2023. Generally, the project is unique. According to experts, less than 10% of golf courses in the world offer the possibility of observing the sea from any point.

The Centrale settlement will become a commercial, administrative, and cultural center.

The main city services will be located there: kindergarten, school, and health center, police and fire station, bank, post office, car service, and gas station, outlet village, conference center, and sports complexes. New parks will be arranged in the settlement, arranged promenades, open galleries, shops, and cafes on the central square.

The price of the land plot is 9 447 750 e

Area of the land plot 20 995 m2

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 1.620,60 m2 Total area of underground floors 328,23 m2 Total area of the hotel 1 948, 83 m2

Real estate details

Property Type Hospitality venue
Location Luštica, Herceg Novi
Price 9,447.750 € (450 € per m²)
Published 08.04.2026
Golden Key

Loan calculator

Property parameters

Price per m²: 944.77 €

Down payment 1,889.550 €

10%50%
1%8%
5 yr35 yr

Calculation result

Monthly installment
45,801 €

240 total installments

Loan amount
7,558.200 €
Down payment
1,889.550 €
Total interest
3,434.089 €
Total payment
10,992.289 €

Note: This calculation is for informational purposes only. Actual loan terms may vary depending on the bank, credit rating, and other factors. Please consult your bank for exact conditions.

Regulatory information

Agency (intermediary)

Golden Key Real Estate

Registration number

1

Golden Key Real Estate

Location

Herceg Novi , Luštica

Area

20995m²

Structure

Unknown

Property Type

Hospitality venue

This information is mandatory under the Law on Mediation in the Sale and Lease of Real Estate of Montenegro. All intermediaries must be registered in the Register of Intermediaries maintained by the competent ministry.

Golden Key

Agency

Golden Key Real EstateView agency

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