Land for sale in Land Project For 5 Star Hotel, Krasici, Tivat, Montenegro

£8,115,437 (€9,500,000)
Interested in this property? Call +44 20 3641 2598 * or Request Details

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Land for sale

Property features

  • 20,995.2 square metres
  • Waterfront
  • Project
  • 5 star Hotel
  • Development land

Property description

Description

Land plot with finished project for 5-star hotel, an excellent investment opportunity. The plot is located on stunning Lustica peninsula- on the shores of the Bay of Kotor which is called the southernmost fjord in Europe, 10 minutes away from Tivat airport and 5 minutes away from luxury Lustica Bay marina.
This is definitely a great opportunity for future investors, as it is the last plot on the coast where it is possible to build this kind of hotel.
Lustica peninsula is famous for its amazing nature, pine and olive groves, sandy beaches, authentic villages, farms and vineyards. Future guests would enjoy this idyllic atmosphere and stunning views over the bay and surrounding mountains.
Plot total area 20 995 m2

The total area of the complex - 16,287 m2

hotel:
Total area of above ground floors 8,382.34 m2
Total area of underground floors 5,956.10 m2
Total area of the hotel 14,338.44 m2

guest house:
Total area of above ground floors 1,620.60 m2
The total area of the underground floors 328.23 m2
Total area of the department 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 apartment - 4pcs - 5.9%


Apartment with two bedrooms - 2pcs - 3%


Apartment with three bedrooms - 4pcs - 5.9%


Apartment for quadruple - 2pcs - 3% total - 67 rooms



On the second plot of 4,966.06 m2:

One bedroom apartment - 2pcs - 25%


Apartment with two bedrooms - 2pcs - 25%


Apartment with three bedrooms - 4pcs - 50%


Total - 8 apartments

Arrange Viewing

For more information about this property, please contact
Savills - International, W1G on +44 20 3641 2598 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - International, and do not constitute property particulars. Please contact Savills - International for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.