Sale, land lot, 20995m², Tivat, Crna Gora

A rare investment opportunity to acquire one of the last remaining beachfront development sites on the stunning Luštica Peninsula, positioned directly on the shores of the Bay of Kotor. Surrounded by crystal-clear waters, Mediterranean vegetation, olive groves, and breathtaking mountain scenery, this exceptional property offers the possibility to develop a luxury five-star hotel in one of Montenegro’s fastest-growing luxury destinations.
Located just 10 minutes from Tivat International Airport, the project enjoys an outstanding location with direct waterfront access while remaining within easy reach of Porto Montenegro, Luštica Bay, and the region’s most prestigious lifestyle destinations.
The sale includes a complete conceptual project for a contemporary five-star hotel and guest residence designed to blend seamlessly with the natural surroundings. The architecture follows elegant flowing lines with natural stone façades, expansive glass surfaces, and spacious terraces, ensuring that nearly every accommodation unit enjoys uninterrupted panoramic views of the Bay of Kotor.
The resort has been thoughtfully designed to provide a true luxury hospitality experience. Guests will enjoy multiple outdoor swimming pools, private waterfront sunbathing areas, landscaped Mediterranean gardens, elegant restaurants and lounge areas, wellness facilities, and direct access to the sea via private piers. Every aspect of the development has been planned to create an exclusive destination that combines modern architecture with the beauty of Montenegro’s coastline.
The main hotel offers a total gross area of 14,338.44 m², while the separate guest residence provides an additional 1,948.83 m², creating a combined development area of 16,287 m².
The hotel has been designed with 67 accommodation units, consisting of double rooms, triple rooms, one-bedroom suites, two-bedroom suites, three-bedroom suites, and family apartments. The guest residence adds another 8 luxury apartments, offering a mix of one, two, and three-bedroom layouts suitable for extended stays or premium accommodation.
The development is situated on a total land area of 20,995 m², providing generous outdoor spaces, landscaped gardens, pedestrian pathways, and extensive waterfront amenities that perfectly complement the luxury concept.
The location is set to benefit even further from the continued expansion of the Luštica Peninsula. The nearby Golf Residences and the future 18-hole championship golf course designed by Gary Player, together with the growing Centrale district featuring schools, healthcare facilities, restaurants, shops, sports facilities, and public services, continue to position this area as one of Montenegro’s most desirable investment destinations.
This is an exceptional opportunity for investors seeking a landmark hospitality project in one of the last available waterfront locations where a luxury five-star hotel can still be developed.
Price: €9,447,750
For more information regarding this property, please give us a call at:
+382 68 029 991
+382 68 014 729
Or email us at: [email protected]