Sale, land, 12,500m², Luštica, Herceg Novi
Herceg Novi, Luštica
60 €
Area
12500 m²
PROPERTY DESCRIPTION
Development Land for Sale – 12,500 m² – Luštica Peninsula, Montenegro
An outstanding investment opportunity on the highly sought-after Luštica Peninsula, one of Montenegro’s fastest-growing luxury destinations.
This expansive 12,500 m² land parcel offers exceptional potential for residential, tourism, agricultural, or long-term investment projects. Surrounded by nature and located in an area experiencing significant development, the property presents a rare opportunity to acquire a large landholding in one of the Adriatic coast’s most attractive regions.
Property Overview- Location: Luštica Peninsula, Montenegro
- Land Area: 12,500 m²
- Price: €60/m²
- Total Price: €750,000
- Ownership: Clean documentation
- Investment Type: Development Land
The property benefits from existing and developing infrastructure:
✔ Road access available
✔ Electricity nearby
✔ Water supply infrastructure currently in progress
✔ Easy access to surrounding villages and coastal areas
These improvements significantly enhance the property’s future development potential.
Location AdvantagesLuštica has become one of Montenegro’s most desirable investment regions due to major tourism and infrastructure projects, luxury developments, and increasing international demand.
The property offers:
- Peaceful natural surroundings
- Excellent privacy
- Easy access to beaches and coastal attractions
- Strong future appreciation potential
- Proximity to luxury resorts and marinas
The size and location make the land suitable for various projects, including:
Residential Development
- Private villas
- Gated residential community
- Holiday homes
Tourism Projects
- Eco-resort
- Boutique hotel
- Glamping concept
- Wellness retreat
Agricultural Use
- Olive groves
- Vineyards
- Organic farming
Long-Term Investment
- Land banking
- Future development opportunities
- Capital appreciation strategy
The Luštica Peninsula is recognized as one of Montenegro’s most promising real estate markets, benefiting from:
✔ Growing luxury tourism sector
✔ Major international investments
✔ Increasing infrastructure development
✔ Limited supply of large land parcels
✔ Strong long-term value growth potential
✔ 12,500 m² land parcel
✔ Road access available
✔ Electricity nearby
✔ Water infrastructure under development
✔ High-growth location
✔ Excellent future appreciation potential
✔ Suitable for multiple development concepts
1) What is for sale?
A 12,500 m² land parcel on the Luštica Peninsula.
2) What is the asking price?
€60 per m².
3) What is the total purchase price?
€750,000.
4) Does the property have road access?
Yes.
5) Is electricity available?
Electricity is located nearby.
6) Is water available?
Water supply infrastructure is currently being developed.
7) Is the land suitable for development?
Yes, subject to urban planning and project approvals.
8) Is Luštica a good investment location?
Yes, it is one of Montenegro’s fastest-growing luxury destinations.
9) What projects could be developed?
Residential, tourism, agricultural, or mixed-use projects.
10) Why is this property attractive?
Its size, strategic location, infrastructure improvements, and long-term appreciation potential.
Related Properties & Investment Opportunities
- Development Land for Sale in Montenegro
- Investment Properties on the Coast
- Luxury Real Estate Opportunities
- Land for Tourism Development
- Properties Near Luštica Bay
Details
- Land type
- Agricultural
Location
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Questions about this property
What is the price per square metre?
At 60 € for 12500 m², this listing works out to 0 € per square metre. Compare it with the city average in the market card on this page.
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.