Modern apartment hotel with high rental potential on the Lustica Peninsula
A modern four-storey apartment hotel is offered for sale, located in one of the most promising and prestigious areas of Montenegro - on the Lustica Peninsula, in the village of Radovichy (Krtola), in close proximity to the Luštica Centrale / Luštica Bay luxury project.
The property has a high rental potential due to its good location, proximity to the sea, developed infrastructure and proximity to one of the most prestigious resorts in the country.
Main characteristics:
- Area: 569 m2
- Total area of the building: 388 m2
- Floors: 4 floors
- Number of apartments: 6
- Pool: 3 x 6 m
- Garage: for 3 cars
- Free public parking: up to 6 cars
Each apartment includes:
- bedroom;
- a fully equipped bathroom;
- living room with kitchen;
- Balcony and/or terrace.
Infrastructure and recreation areas:
- comfortable recreation area;
- pool;
- SPA zone (hamam, sauna, font, shower, toilet, rest room);
- barbecue area with barbecue;
- Rest area with pergola (5 × 3 m);
- a well-groomed flowering Mediterranean garden;
- a separate technical room for maintenance of the pool;
- pantry.
Floor layout:
-1st floor:
Apartment for 5 people with patio, garage, spa area, pantry.
0 floor:
Apartment for 4 people with a balcony and apartment for 5 people with a balcony, corridor.
1st floor:
Apartment for 4 people with balcony and terrace and apartment for 5 people with balcony and terrace, corridor.
2nd floor:
Corridor, 3 bedrooms, bathroom, spacious living room with kitchen and access to a large terrace.
It is possible to redevelopment into two separate apartments, similar to the 1st floor.
The hotel is located on a cascading, fully landscaped plot and features spacious and bright rooms, three open terraces, six balconies and breathtaking views of the Boko-Kotor Bay and Mount Lovcen.
On location:
Radovichy (Krtole) is one of the most attractive settlements of the Lustica peninsula with views of the Boko-Kotor Bay, St. Mark’s Island, Tivat and the Bay of Trashte.
- about 1 km to one of the best sandy beaches of the coast - Plavi Horizon;
- Just 50 meters to the exclusive resort of Luštica Bay with golf residences, tennis courts, SPA and fitness center, promenade, restaurants, shops and luxury villas;
- 9 km to Tivat Airport;
- 11 km to Tivat city centre and Porto Montenegro;
- 13 km to the Old Town of Kotor;
- 8 km to the Kotor-Lovchen cable car.
This facility is ideal for both a ready-made rental business and for further development or rebranding in the premium segment.
For more information and viewing, please contact us.
