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Land for Sale with Approved 5★ Hotel Project — Luštica Peninsula, Bay of Kotor A unique seafront development land plot with an approved project for a five-star hotel is offered for sale on the Luštica Peninsula, overlooking the Bay of Kotor — one of the most spectacular coastal areas of the Adriatic.
This is one of the last remaining seafront plots where a 5★ hotel can still be developed.
Key Information Land area: 20,995 m² Total complex area: 16,287 m² The area is known for its exceptional natural beauty: mountains, crystal-clear sea, secluded coves with sandy and pebble beaches, pine forests, olive groves, authentic villages and vineyards.
The property is located only 10 minutes from Tivat International Airport.
Project Concept The project includes a luxury hotel complex with additional residential units.
Hotel Above-ground area: 8,382.34 m² Underground levels: 5,956.10 m² Total hotel area: 14,338.44 m²
Hotel accommodation (67 units):
Double rooms — 29 Triple rooms — 26 One-bedroom apartments — 4 Two-bedroom apartments — 2 Three-bedroom apartments — 4 Four-person apartments — 2
Guest Residence Above-ground area: 1,620.60 m² Underground area: 328.23 m² Total area: 1,948.83 m²
Residential units (8 apartments):
2 one-bedroom apartments 2 two-bedroom apartments 4 three-bedroom apartments
Area Infrastructure Nearby is the large-scale Luštica Bay development, including the Centrale district, which will serve as the administrative and commercial center of the area.
Infrastructure includes:
school and kindergarten medical center police and fire station banks and post office shops and restaurants conference center and sports facilities parks and pedestrian zones
The area will also feature an 18-hole championship golf course designed by Gary Player, one of the few golf courses in the world where the sea can be seen from almost every hole.
Investment Opportunity This property represents a rare opportunity to develop a luxury resort project on one of the most promising coastlines in the Mediterranean.