INVESTMENT IN CONSTRUCTION OF A 5* HOTEL

Montenegro, Lustica
€9,45M
€450/m²
;

Location

  • Country
    Montenegro
  • Region
    Herceg Novi
  • City
    Lustica

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    €450/m²
  • Total area
    Total area
    21 000 m²

Description

SALE OF LAND WITH A READY PROJECT OF A 5* HOTEL +1% DISCOUNT FROM US.

Located on the Montenegrin peninsula of Lustica, in the largest bay on the Adriatic Sea - on the shores of the Bay of Kotor, which is called the southernmost fjord in Europe, 10 minutes from Tivat airport.

The last plot on the seashore on which it is still possible to build a 5-star hotel.

The nature here is magnificent. Majestic mountains, azure sea. Secluded bays with fine sand and pebble beaches are scattered along the coast, and in the area there are pine and olive groves, authentic villages, private farms and vineyards - an idyll.

The foundation has been laid for the construction of the Golf Residences area. World famous player Gary Player was invited to develop the golf course project. A professional 18-hole course will be built here, the first 9 will open by the end of 2023. Overall the project is unique. According to experts, less than 10% of golf courses in the world offer the opportunity to observe the sea from any point.

The Centrale area will become a commercial, administrative and cultural center.

The main city services will be located there: a kindergarten, a school and a medical center, a police and fire station, a bank, a post office, a car service and gas station, an outlet village, a conference center and sports complexes. New parks will be created in the area, walking areas will be improved, and galleries, shops and cafes will open in the central square.

The cost of the plot is 9,447,745 Euro

Plot area 21000 m2

Total area of the complex - 16,287 m2

HOTEL:

The total area of the above-ground floors is 8,382.34 m2

Total area of underground floors - 5,956.10 m2

The total area of the hotel is 14,338.44 m2

GUEST HOUSE:

Total area of above-ground floors 1,620.60 m2

Total area of the underground floor 328.23 m2

The total area of the department is 1,948.83 m2

On the first plot of 16,029.76 m2:

DOUBLE ROOMS - 29pcs - 43.3%

TRIPLE ROOMS – 26pcs - 38.9%

ONE BEDROOM APARTMENTS – 4pcs - 5.9%

TWO BEDROOM APARTMENTS - 2 pieces - 3%

THREE BEDROOM APARTMENTS - 4pcs - 5.9%

APARTMENTS FOR FOUR BED – 2 pieces - 3%

TOTAL - 67 ROOMS

On the second plot 4,966.06 m2:

ONE BEDROOM APARTMENT – 2 units - 25%

TWO BEDROOM APARTMENTS - 2 pieces - 25%

THREE BEDROOM APARTMENTS - 4pcs - 50%

TOTAL - 8 APARTMENTS

Information about this property may have changed and we cannot be held responsible for its accuracy. For exact specifications please contact us.

Copying, reproduction, distribution, reprint (in whole or in part), or other use of the material without the written permission of the author is not permitted. Any violation of the author's rights will be prosecuted on the basis of international law.

Updated at: 05/08/2024

Location on the map

Montenegro, Lustica

Video Review of Hotel in Lustica, Montenegro

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