- 27,285,000 €
- 4.7% yield
For sale is an exclusive plot with a completed project of a 5-star hotel, located on the very shore of the sea on the Lūštica Peninsula, in the village of Krašići, Tivat municipality, in the heart of the Boka Kotorska Bay. The location is just 10 minutes' drive from Tivat Airport and represents the last plot on the first line of the sea where the construction of a 5-star hotel is still possible. The total area of the plot is 21,000 m², while the total planned area of the complex is 16,287 m². The total area of the hotel is 14,338.44 m², including 8,382.34 m² of above-ground floors and 5,956.10 m² of underground floors. The project also includes a guest house with a total area of 1,948.83 m² (1,620.60 m² above ground and 328.23 m² underground). On the first plot with an area of 16,029.76 m², a total of 67 accommodation units are planned: 29 double rooms, 26 triple rooms, 4 one-apartment apartments, 2 two-apartment apartments, 4 three-apartment apartments and 2 apartments for four people. On the second plot with an area of 4,966.06 m², an additional 8 apartment units are planned: 2 one-apartment, 2 two-apartment and 4 three-apartment apartments. The location is characterized by exceptional natural beauty – majestic mountains, azure sea, hidden bays with sandy and pebble beaches, pine forests, olive groves, vineyards and authentic Mediterranean villages. In the immediate vicinity, a prestigious residential and tourist complex with an 18-hole golf course is being developed, as well as a settlement that will represent an administrative, commercial and cultural center with complete infrastructure: school, kindergarten, health center, bank, sports facilities, parks, promenades, galleries and restaurants. The price of the plot with the complete project is 9,447,750 €. This property represents an exceptional investment opportunity in one of the most attractive locations in the Montenegrin coast, ideal for the realization of a luxury hotel complex on the very shore of the sea.
If this property wasn’t for you, take a look at other investment land for sale in Krašići.
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