Lustica, Montenegro
- PROPERTY TYPE
Land
- SIZE
3,229 sq ft
300 sq m
Key features
- Urbanised Plot
- Excellent Investment
- Exceptional Panoramic Sea and Mountain Views
- Great Location
- Dream home location
- Nature suroundings
Description
This plot, measuring 300 m², has a direct access to the main road from the rear and offers captivating front-facing views. It is situated in an elevated position within the serene rural landscape of Lustica, providing an ideal setting for either renovation or new construction.
Development Opportunities
The parcel encompasses an existing ruined residential building of 160 m² and an auxiliary structure of 20 m². Buyers may opt to renovate these structures or construct new ones in line with urban planning regulations.
The urban parcel size aligns with the cadastral parcel size of 300 m² and permits the development of a primary building alongside one or more auxiliary structures, adhering to the following guidelines:
- Maximum footprint area: 120 m² (40% of the parcel).
- Maximum built area: 240 m² (80% of the parcel).
- Maximum height: Two above-ground levels with the option to include a basement.
Permitted uses include residential, mixed-use (residential and commercial), or smaller-scale commercial developments, all adhering to the same planning parameters.
Prime Location
The plot is a short drive from some of the Montenegrin coast's most stunning beaches and the luxurious Lustica Bay development, renowned for its high-end hospitality offerings, fine dining, a golf course, and picturesque beaches.
This property presents a rare opportunity to create a bespoke residence or investment property in one of the most sought-after regions of Montenegro.
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.
Lustica, Montenegro
NEAREST AIRPORTS
Distances are straight line measurements- Tivat(International)6.0 miles
- Podgorica(International)35.1 miles
Notes
This is a property advertisement provided and maintained by ntRealty, Tivat (reference 0982) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.