Lustica Development Land For Sale with Views over Zanjice, Montenegro

Lustica is fast becoming the hottest property spot in Montenegro. This plot of land is not only in a location of outstanding natural beauty, but has the rare distinction that it is within a small area of land that is urbanized.

On offer

A plot of land with stunning views above the beaches of Zanjice and Mirista and overlooking the mouth of the Bay of Kotor, Mamula Island, and Prevlaka (Croatia).

The land is in the Detailed Urban Plan (DUP "Rovanac"). Allowed building density (as per DUP Rovanac, Municipality of Herceg Novi) is 80% of the urban parcels. The plot is North-West facing and is benefiting from an average of 240 days of sunshine. The plot has a clean title and sales completion can be done within a short timescale.

The Plot:

Size of the plot: 3830 m2

Sea views

Already in place:

Valid planning permission (communal charges paid) and foundations completed for the first two 3-bedroom villas in a total of 314 sqm (157sqm each);

Planning permission (communal charges paid) in place for a 370 sqm apartment complex containing up to 5 apartments or one large 7-bedroom villa; Additional object (per current urban planning) on the rest of the plot of 200m2 + auxiliary object of 200m2.

Another alternative: as confirmed by the planning department, five objects of up to 250m2 can be built on the plot. This can be verified independently. On 3 parcels, the allowed building area is 250m2 on each parcel. On the two remaining parcels allowed building area is 200m2 on each parcel + auxiliary building of 200m2 on each parcel (one level).

Guaranteed electricity connection with its own substation.

ntRealty is a Real Estate Agency based in Tivat, Montenegro headed by British businessman, Peter Flynn, who has lived in the area since 2005 and focused his efforts in 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.