An exceptional 34,000 m² development land opportunity in Đuraševići, Tivat, occupying a prestigious coastal position with part of the property directly along the sea. Offered at €6,500,000, the property represents a rare large-scale investment opportunity on the Luštica Peninsula, one of Montenegro's most important luxury tourism and residential development areas. According to the information provided, a conceptual design has been prepared for approximately 16,000 m² of gross buildable area, creating significant potential for a substantial residential, hospitality or mixed tourism development, subject to applicable planning conditions, approvals and permits. Property Overview Price: €6,500,000 Price per m² of Land: Approx. €191/m² Location: Đuraševići, Tivat, Montenegro Property Type: Development Land Total Land Area: 34,000 m² Sea Access: Part of the Property Borders the Sea Sea View: Yes Conceptual Design: Yes Planned Gross Buildability: Approx. 16,000 m² according to the provided conceptual design Registration: Registered Investment Type: Large-Scale Development Opportunity Rare Coastal Development Opportunity The scale and position of this property distinguish it from typical development plots available in the Tivat market. With approximately 34,000 m² of land, the site provides the space required for a significant development concept while benefiting from direct proximity to the Adriatic coast. Most importantly, part of the land extends directly along the sea, creating an important advantage for a future premium project. The combination of substantial land area, sea frontage and sea views provides an attractive foundation for a high-end development concept. Approx. 16,000 m² Conceptual Gross Buildability According to the information provided for the property, a conceptual design has been prepared based on approximately 16,000 m² of gross buildable area. This represents a gross buildability equivalent to approximately 47% of the total land area. The scale could potentially accommodate a significant development concept depending on the applicable urban planning parameters and final approvals. Potential concepts may include: Luxury residential development Premium villa community Apartment residences Branded residences Boutique resort Hotel and hospitality project Tourism-oriented residential complex Mixed hospitality and residential concept The exact permitted development, gross construction area, number of units, building footprint, floors and intended use should be confirmed through the applicable planning documentation and technical/legal due diligence. Direct Relationship with the Sea One of the property's defining characteristics is that a portion of the land is positioned directly along the coastline. For a large development site, this creates considerable potential for designing a project around the natural coastal environment. Depending on final planning permissions and technical conditions, a future concept could prioritize sea-facing residences, landscaped communal areas, pedestrian connections and premium hospitality facilities. Sea Views The property benefits from attractive Adriatic and coastal views, adding significant value to its potential positioning as a luxury residential or tourism development. For premium projects in coastal Montenegro, orientation and views are important factors influencing both end-user demand and the potential positioning of individual units. Đuraševići – Luštica Peninsula Đuraševići is positioned on the Luštica Peninsula in the municipality of Tivat, an area increasingly associated with premium residential, tourism and hospitality development. The wider area provides access to important destinations including: Luštica Peninsula Tivat Adriatic beaches Marina and yachting infrastructure Tivat International Airport Porto Montenegro and the wider Bay of Kotor region The combination of coastal surroundings and accessibility makes this part of Montenegro particularly relevant for larger tourism and residential investment projects. Investment Potential At €6,500,000, the asking price represents approximately €191 per m² of total land area. Based solely on the approximately 16,000 m² gross development concept provided by the seller, the asking land price corresponds to approximately €406 per conceptual gross buildable square metre before construction, infrastructure, professional fees, taxes and other development costs. These figures make the property particularly relevant for professional investors and developers evaluating larger-scale projects rather than individual residential construction. Suitable Investor Profiles The property may be particularly relevant for: International real estate developers Hotel and resort operators Private equity real estate investors Family offices Luxury residential developers Hospitality investment groups Branded residence developers Montenegro-focused investment funds Strategic land investors Property Highlights Asking price: €6,500,000 Approx. €191/m² of land 34,000 m² total land area Exceptional Đuraševići location Tivat municipality Luštica Peninsula Part of the property directly along the sea Sea views Conceptual design available Approx. 16,000 m² conceptual gross buildability Approx. €406 per conceptual gross buildable m² based on asking price Registered property Large-scale development opportunity Suitable for residential or tourism-oriented development subject to approvals Attractive to institutional and international investors Significant coastal investment potential This is a large-scale coastal development opportunity combining approximately 34,000 m² of land, direct relationship with the sea and a conceptual design providing approximately 16,000 m² of gross development potential. Contact us for additional information, available project documentation, conceptual plans and to arrange a site visit.
