Land for Sale in Lustica
€199,000
Peter Flynn
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Description
Located on the enchanting Lustica Peninsula, this remarkable lot unveils breathtaking views of the Bay of Kotor and Herceg Novi. An idyllic canvas, this parcel provides the perfect setting for crafting three luxurious boutique villas, just 25 minutes from Tivat Airport and a scenic 30-minute drive to Kotor or Porto Montenegro.
Situated a mere 15 minutes from the opulent Lustica Bay developments and its upscale amenities, including a hotel, restaurant, and pristine beaches, this lot offers a fusion of tranquility and accessibility. Additionally, it's only a quick 10-minute drive to Rose, where a charming ferry ride connects you to the historic charm of Herceg Novi.
Enjoy yourself in cultural heritage, panoramic views, and stunning beaches. The land, strategically located near the quaint village of Zadrdje, offers a secluded haven with swift access to both serene beaches and vibrant tourist destinations.
Designed for three boutique villas, the flexible concept allows for alternative schemes. The buyer has the freedom to sell individual lots or build homes for resale – a prime investment opportunity. Renderings by our architect showcase viable options within building guidelines, revealing a North-East slope boasting panoramic sea and mountain views.
Benefiting from inclusion in the Detailed Urban Plan (DUP) of the Lustica Peninsula, the lot holds valid UTUs for building. The DUP permits a generous building density ratio of 80% over three levels, providing flexibility for the construction of three luxury homes or individual parcels.
Whether selling individual parcels or crafting luxury homes with four bedrooms, bay windows, and swimming pools, this property caters to investors, builders, or those seeking to build, sell, or diversify their investment portfolio. The strategic location, just minutes from Tivat Airport and iconic destinations, enhances its investment appeal.
The potential for a seamless infrastructure design awaits your vision.
Situated in Zabrdje, on the road from Krasici, this lot offers captivating views of the Bay of Kotor, Porto Novi, and the majestic mountains above Herceg Novi. Explore the possibilities of building your dream homes in this stunning location, just minutes away from the vibrant heart of Montenegro.
Contact us today for a personalized tour and envision the limitless possibilities awaiting you on the Lustica Peninsula!
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
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.
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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