How do I arrange a viewing?

Call the number or send a message from the contact card on this page — you reach the advertiser directly, with no middleman and no booking fee. Viewings are usually arranged within a day or two.

What does buying cost for foreign nationals?

Foreign nationals buy apartments, houses and commercial units in Montenegro on the same terms as locals. On top of the price, budget for the real estate transfer tax (3% up to €150,000, 5% on the portion between €150,000 and €500,000, 6% on the portion above €500,000; new builds bought from a VAT-registered developer carry 21% VAT instead of the tax), the notary fee and the land registry charges. Agricultural land and forests must be bought through a locally registered company.

Is this listing still available?

The listing is active and the property is for sale. Contact the advertiser to confirm the latest status.

For Sale, Land, Luštica, Herceg Novi | €360,000

PROPERTY DESCRIPTION

Investment plot on Luštica – 8,000 m2 – land for sale in the most ecologically promising region of Montenegro.

We offer for purchase a plot of 8,000 m2 – with a panoramic sea view

Road. Electricity

Occupancy index – 0.3

Construction index – 0.8

Adjacent plots from 600 m2 to 18,000 m2 are also for sale – more detailed information upon request

The Luštica Peninsula is located at the very entrance to the Bay of Kotor. On one side, the peninsula is washed by the waters of the Tivat Bay, and on the other by the clear emerald waters of the Adriatic. The total coastline of Luštica stretches for 35 kilometers.

Luštica is home to dense olive groves and lush pine forests, pleasant azure lagoons, sea, and beaches with turquoise water.

Until recently, the peninsula was considered the most underdeveloped part of the Montenegrin coast, but in 2013, the construction of the luxury complex Luštica Bay began here. As part of this project, more than 500 villas and townhouses, 7 hotels, over 1000 apartments, 2 marinas, a school, a business center, a health facility, a police and fire station, etc., will be built. The first 18-hole golf course in Montenegro, designed by the famous champion Gary Player. Once the project is fully realized, this part of the peninsula will transform from an elite resort intended for sophisticated tourists into a true city by the sea.

The Luštica Peninsula is one of the most attractive investment locations in Montenegro. The peninsula is listed as a strategic development region of the country.