€1,150,000

An extraordinary chance presents itself to obtain an exclusive property comprising 4 opulent villa homes, boasting planning permission. This exceptional site is nestled within the protected Perusine area, providing breathtaking panoramic views of Tivat Bay.
Perfectly positioned above Donja Lastva, a mere 1 km away from the renowned Porto Montenegro, this location offers unparalleled advantages. Additionally, the land situated in front and on both sides of the site belongs to the municipality and remains undevelopable, ensuring long-term privacy and unobstructed vistas. The site itself spans 2,220 m2, providing ample space for your visionary development.
The project is for a residential complex of four private villas, each surrounded by its garden. The design makes the most of the steep terrain to give each property uninterrupted, panoramic views over Tivat Bay.
Perusine occupies a unique location at the front of a traditional protected village. The land in front and on both sides of the project belongs to the municipality and cannot be developed.
The total built area of the four houses is 1,400 m2.
Villa 1
A 4-bedroom, 4-bathroom old stone house with two separate one-bedroom cottages.
Best views in Tivat from the top of Perusine Village.
Full construction permits have been obtained with all building taxes and contributions paid.
430 m2 internal area on a land plot of 460 m2.
Villa 2
A 4-bedroom, 4-bathroom traditional villa enjoying open views over Tivat Bay.
Central location in the protected Perusine Village with no construction allowed in front.
Full construction permits have been obtained with all building taxes and contributions paid.
480 m2 internal area on a land plot of 960 m2.
Villa 3
A 3-bedroom, 3-bathroom traditional villa enjoying open views over Tivat Bay.
Completely private location surrounded by the protected Perusine Village.
Full construction permits have been obtained with all building taxes and contributions paid.
240 m2 internal area on a land plot of 311 m2.
Villa 4
A 4-bedroom, 4-bathroom villa with pool enjoying open views over Tivat Bay.
Completely private location with no chance to build in front or on either side of the property.
The concept design has been submitted for preliminary approval.
210 m2 internal area on a land plot of 500 m2.
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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Rental agreements in Montenegro are legally binding contracts that outline the terms and conditions of the rental arrangement. It is important to ensure that the agreement includes key details such as the rental amount, payment schedule, duration of the lease, and responsibilities of both the landlord and tenant.
Additionally, it is advisable to clarify any rules regarding pets, maintenance, and termination of the lease. If you have any questions or concerns, it is wise to consult with a legal expert to ensure that your rights are protected.
Buying property in Montenegro offers several advantages. The country boasts stunning natural beauty, a favorable climate, and a growing economy, making it an attractive destination for both living and investment. Additionally, property prices in Montenegro are generally lower than in many Western European countries, providing excellent value for money.
Furthermore, Montenegro has a straightforward property purchase process for foreigners, and the potential for rental income from tourism is significant. Overall, investing in Montenegrin real estate can be a rewarding opportunity.
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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