Lustica, Montenegro

Over a century ago, Montenegrin defenders erected Fortresses on islands and rocky points at the mouth of the Bay of Kotorska to protect it from enemy forces in the Adriatic Sea. At the eastern point on the Lustica Peninsula, the historic ruins of the old Bastion are all that remain of the old embattlements. The Arza Cape Resort is located at this natural confluence of turbulence and tranquility, where historic battles took place in the most picturesque of natural settings. This prominent 11-hectare point is encircled by the stunning beauty of the bay and ocean coastlines and set against the backdrop of a steeply sloping hillside and the dramatic mountains beyond.

One of the most prominent features of the Montenegrin landscape is the highly varied, physical texture of the terrain. On the Bay of Kotorska, there is a natural sense of enclosure at each finger of water that extends into the land. Sheer rock wall faces provide an awe-inspiring backdrop to the rocky shorelines, vibrant blue waters, and quaint, tile-roofed villages below. This richly textured landscape and sense of outdoor enclosure are natural inspirations for the planning and architecture of the Arza Cape Resort. Bellow is what you are able to build on the Arza Cape Resort.

Here is what you can build on Parcel to make large 5* Hotel:

This hotel should represent a specific type of tourist offer, related to enjoyment in high comfort conditions, with various catering facilities and valuable cultural and historical sites located in their immediate vicinity. On the urban plot, there should be open-air restaurants, shops, clubs, children's spaces and similar.

The Gross Build Area on the Parcel (GBA) is 10 078m2 and the foundation of the building is 2 519m2. It's possible to build 3 levels S+P+2(3) (basement, ground floor, 2 or 3 levels).
The service room (basement) or garage are not included in the GBA.

Here is what you can build to make 5* Villas:

You can build Villas on the second Urbanized Parcel. How many rooms in the villas there will be is optional, with the recommendation that the rooms be designed bigger and richer, with all the luxurious facilities (sauna, fitness, gym, jacuzzi).

The Gross Build Area per villa on the Parcel (GBA) can be 310m2 and the foundation of the building can be 155m2. It's possible to build 2 levels P+1 (ground floor + 1 level)
The lower level of the villa has a terrace with a swimming pool and are not included in the GBA.

Here is what you can build to make a large Sports and Recreation Center:

The plan does not define which types of sports will be represented within this purpose, but the choice can be of interest to investors and users of space, as well as of the area of available space. Open swimming pools, tennis courts, basketball, volleyball, mini-football, handball, badminton, mini-golf, table tennis are possible. It is also possible to have squash, bike riding, running tracks, swimming pools. In addition to the construction of open terrains, construction of facilities can be located where the following facilities can be located, such as, rooms, club rooms, sports equipment store, fitness center, gym, bowling alley, sports equipment store, but also restaurant, cafeteria, snack bar, and related catering facilities.

There are 3 Parcels in total for that Area. 2 Parcels are considered Green Zone which is only meant for parks and playgrounds, the size of the 2 is 14,814m2.
The Gross Build Area (GBA) on the other Parcel where you can build a Sports or Recreation Centre is 2 700m2.

Here is what you can build on the Tower of Arza:

Tower Arza was built at the end of the 19th century. Arza's ruin requires urgent restoration and other necessary protection measurements. The Arza Tower can become a place for a variety of cultural events, both seasonal and permanent. It can function as a summer scene of guest ensembles, as a place for holding dramatic, musical and literary events and as a gallery for periodical settings of works by artists.

The Gross Build Area on the Parcel (GBA) is 1455m2 and the foundation of the building is 485m2. It's possible to build 3 levels P+2 (ground floor + 2 levels)

Here is what you can build on the Arza Beach:

Arza Beach:

As for the beach, the realization of the proposed solution of the sandy beach surface would increase from the existing 2,920m2 for an additional 5,690m2, which would enable simultaneous stay on the beach for more than 700 customers with a satisfyingly high standard of 8m2 space per customer.

Arza's Harbour:

Arza's Resort should also have a harbor constructed. Protective buildings at the western end of the beach should be placed administratively on the coastline so that they can take on the role of the harbor.

Harbour ports are built parts of the coast which provide conditions for berthing of excursion and nautical vessels, ie: embarkation and unloading of passengers.
The construction of smaller facilities with the accompanying contents necessary for their functioning is permitted with the port. Max surface area is 300m2, the floor is P.

Just as there is Porto Montenegro, Lustica Bay, and Porto Novi, this could be a great project to make a new Resort and have an excellent investment.

PRICE UPON REQUEST.

This land is 23.1km away from Tivat Airport, 24.9km away from Kotor Old Town, 26km away from Porto Montenegro and 38.4km away from Budva

ntRealty is a Real Estate Agency based in Tivat, Montenegro headed by a British businessman, Peter Flynn, who has lived in the area since 2005 and focused his efforts on 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 in 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.