A rare opportunity to acquire a prime seafront plot with a ready project for a 5-star hotel on the prestigious Luštica Peninsula, located in the largest bay of the Adriatic – the Boka Kotorska Bay, often referred to as the southernmost fjord in Europe. Just 10 minutes from Tivat Airport, this is the last available plot on the coastline suitable for developing a luxury 5-star hotel.
The natural surroundings are truly exceptional. Majestic mountains, turquoise waters, secluded coves with fine sandy and pebble beaches, pine forests, olive groves, authentic villages, private estates, and vineyards create an idyllic and luxurious setting.
The foundations have already been laid for the Golf Residences development, with world-renowned golfer Gary Player invited to design the 18-hole golf course. The first nine holes are expected to open by the end of 2023. Less than 10% of golf courses worldwide offer uninterrupted sea views from every point, making this project uniquely prestigious.
The planned Centrale settlement will become the region’s hub for commerce, administration, and culture, featuring a kindergarten, school, health center, police and fire stations, bank, post office, service station, outlet village, conference center, sports complexes, parks, promenades, open-air galleries, shops, and cafés on the central square.
Total plot area: 20,995 m²
Total complex area: 16,287 m²
Hotel:
Above-ground: 8,382.34 m²
Underground: 5,956.10
Land lot
20995m²
Agency
Adria StonePrice per m²: 944.80 €
Down payment 1,889.600 €
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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.
Agency (intermediary)
Adria Stone
Registration number
50635377
Location
Herceg Novi
Luštica
Area
20995m²
Structure
N/A
Property Type
Land lot
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.
Own this property starting from
Fixed rate from: 4%
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Luštica
Luštica
Luštica
Herceg Novi
Luštica
Luštica
Luštica
Luštica
Luštica
Luštica