Development Land in Krasici for Sale
€360,000
Peter Flynn
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Description
Urbanised Development Land with Sea Views - Krasici, Tivat
A well-positioned 672m² urbanised plot in the peaceful residential area of Krasici, on the Lustica Peninsula.
The site allows a maximum building footprint of 30% (201.9m²) and a total permitted built area of 336m² across three above-ground levels-ideal for a private villa or a small, refined residential project.
The land enjoys wide, unobstructed sea views towards the Bay, framed by attractive mountain scenery.
It sits among established high-quality homes and recent luxury developments, providing both an appealing context and strong future potential.Included in the sale is a second parcel of 533m², suitable for parking, garden areas, service spaces, temporary structures, or other supporting uses-adding welcome flexibility to any development concept.
Naturally elevated, the site offers panoramic views across the sea and surrounding landscape, with light and scenery that shift beautifully throughout the day.
Its immediate proximity to newly completed luxury homes ensures a stable and desirable setting for any future build.
Well placed within the Lustica Peninsula, the property is close to the region's beaches, marinas, and amenities, making it a thoughtful and strategic opportunity for residential development.
Every day conveniences are close at hand, while notablepoints of interest are also within easy reach:
· Lustica Bay - approx. 5,6 km
· Tivat Centre - approx. 15 km
· Porto Montenegro - approx. 15,5 km
· Tivat Airport - approx. 12 km
· Kotor Old Town - approx. 13 km
· Podgorica Airport - 88 km
· Dubrovnik Airport - 62km
Contact us today to arrange a viewing and seize this incredible offer before it's gone!
ntRealty is a Real Estate Agency based in Tivat, Montenegro, headed by British businessman Peter Flynn, who has lived in the area since 2005 and focused his efforts in various aspects of real estate, including development, architecture, interior design, and investing in real estate in the area. The Tivat office is run by a team of professionals who really understand the local market. The team is there to help guide you through the buying (or selling) process, and we pride ourselves on giving a high level of service in a polite, friendly, and efficient way.
ntRealty specializes in properties for sale all around the Bay of Kotor, Tivat Bay, and Lustica, and our clients range from Porto Montenegro and Lustica Bay to hundreds of private individuals who put their trust in our operation.
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Frequently Asked Questions
For a straightforward resale apartment with clean paperwork, the buying process can often be completed within 3-6 weeks. More complex transactions, new builds, or mortgage-financed purchases can take longer.
Some banks do lend to foreigners, but conditions are tighter—lower loan-to-value ratios and stricter income requirements. Many foreign buyers finance through their home country or pay cash.
Officially, everything is in euros. You can convert from your home currency before sending, or in some cases settle using cryptocurrency if both parties and the notary agree—but the contract price and taxes are always euro-based.
Beyond the purchase price and transfer tax, budget for notary fees, translation, legal fees, and potentially agency commission—together, these typically add 2-4% to your total cost.
No. Most foreign buyers use a Power of Attorney to authorize someone here—your lawyer, NT Realty, or another trusted representative—to sign on your behalf.
By convention, the buyer usually pays both the notary fees and the sworn court translator fees, though this can be negotiated between parties.
Yes, and it's more straightforward than most people expect. Montenegro welcomes foreign buyers—both EU and non-EU—and you can own property in your own name without needing residency or a local company in most cases.
Disclaimer: Purchase Costs & Information Accuracy
All costs associated with the purchase, including notary fees, real estate transfer tax (if applicable), and any legal fees, are the sole responsibility of the buyer. ntRealty bears no responsibility for the correctness of the information published here, which is based exclusively upon details provided to us by the property owner(s). ntRealty has no obligation to update, modify, or amend this listing or to notify a reader if any information, including urbanistic or cadastral data, subsequently becomes inaccurate. All listings are subject to prior sale. Agency Commission: No agency commission is charged to the buyer. The agency fee is paid by the seller.
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