Property Description

Tivat, Lustica – Land with planning permission for residential development or hotel

This waterftont development plot in Lustica peninsula, in the Tivat bay, is located in one of the most desirable locations for luxury developments on the whole coast. The land is located in Obala Djurasevica (Krtoli) right across Flower’s Island and luxury development Porto Montenegro (20 minutes drive). The larger real estate project in Montenegro with the golf course – Luštica bay is just a few minutes away.

This land on the first sea line consists of two cadastral parcels:

Smaller parcel  – 195m² is located below the road and is bordered by the sea to the north, the road on the south side and adjacent parcels to the east and west. It has approximately  10 meters of sea contacts.

Larger parcel – 6.924m²  is above the road and is bordered with the street in the lower-north side and with the adjacent parcels on the other three sides. The parcel has a nice slope which enables a wide view of the Bay of Tivat and the of St. Marco and Island of Flowers.

Gross Development Area 4.022 sqm Ideal for building a luxurious settlement with villas and apartments.

The land is located around 10km away from Tivat airport and 4 km from luxurious new development Lustica bay.