9,447.750 €
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9,447.750 € (450 €/m²)
20995 m²

Sale, land lot, 20995m², Luštica, Herceg Novi

Luštica, Herceg Novi Crna Gora

Property description

Sale of land with a finished project of a 5-star hotel.The land is located on the Montenegrin peninsula of Luštica, in the largest bay on the Adriatic Sea - on the coast of the Bay of Kotor, which is called the southernmost fjord in Europe, 10 minutes from the Tivat airport.The last lot on the seafront where it is still possible to build a 5-star hotelNature here is luxurious. Magnificent mountains, azure sea. Lonely coves with small sandy and pebble beaches are scattered along the coast, and in the surroundings there are pine and olive groves, authentic villages, private estates and vineyards. In a word, an idyll.The foundations have been laid for the construction of the Golf Residences area. World famous golfer Gary Player was invited to develop the golf course project. A professional course with 18 holes will be built here, the first 9 will be open by the end of 2023. In general, the project is unique. According to experts, less than 10% of golf courses in the world offer the possibility of observing the sea from any point.The Centrale neighborhood will become a commercial, administrative and cultural center.The main city services will be located there: kindergarten, school and health center, police and fire station, bank, post office, car service and gas station, outlet village, conference center and sports complexes. The settlement will have new parks, landscaped promenades, open galleries, shops and cafes on the central square.The price of the land is 9,447,750 ePlot area 20,995m2Total area of the complex - 16,287 m2HOTEL:The total area of the above-ground floors is 8,382.34 m2The total area of the underground floors is 5,956.10 m2The total area of the hotel is 14,338.44 m2GUEST HOUSE:Total surface area 1,620.60 m2The total area of the underground floors is 328.23 m2The total area of the hotel is 1,948.83 m2On the first plot of 16,029.76 m2:DOUBLE ROOM - 29 pcs - 43.3%THREE-BED ROOM - 26 pcs - 38.9%ONE-ROOM APARTMENT - 4 pcs - 5.9%TWO-ROOM APARTMENT - 2 rooms - 3%THREE-ROOM APARTMENT - 4 rooms - 5.9%APARTMENT FOR FOUR - 2 rooms - 3%TOTAL - 67 UNITSOn the second plot of 4,966.06 m2:ONE BEDROOM APARTMENT - 2 pcs - 25% TWO-ROOM APARTMENT - 2 pcs - 25% THREE-ROOM APARTMENT - 4 pcs - 50% TOTAL - 8 UNITS

Real estate details

Ad ID
172527
Published
18.09.2023
Property Type

Land lot

Area

20995m²

Rooms

N/A

Bathrooms

N/A

Location

Luštica

Luštica, Herceg Novi

Price

9,447.750 €

450 € per m²

Loan calculator

Price per m²: 944.77 €

10%50%

Down payment 1,889.550 €

1%8%
5 yr35 yr
Monthly installment
33,940 €

360 total installments

Loan amount
7,558.200 €
Down payment
1,889.550 €
Total interest
4,660.090 €
Total payment
12,218.290 €

Note:

This calculation is for informational purposes only. Actual loan terms may vary depending on the bank, credit rating, and other factors. Please consult your bank for exact conditions.

Regulatory information

Agency (intermediary)

Amfora Real Estate

Registration number

-

Location

Herceg Novi

Luštica

Area

20995m²

Structure

Studio

Property Type

Land lot

This information is mandatory under the Law on Mediation in the Sale and Lease of Real Estate of Montenegro. All intermediaries must be registered in the Register of Intermediaries maintained by the competent ministry.

Amfora Real Estate

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