For Sale: Premium Villa Development Land with Unobstructed Sea Views

For Sale: Premium Villa Development Land with Unobstructed Sea Views 📍 Location: Donja Lastva, Tivat An exceptional, high-yield investment opportunity located in Donja Lastva, one of the most exclusive and sought-after micro-locations for luxury villa developments in the Boka Bay. Surrounded by high-end residential estates valued at up to €5 million, this elevated land assembly benefits from favorable topography and orientation, guaranteeing permanent, unobstructed views of the Adriatic Sea. The site includes preliminary architectural concepts (idejna rješenja) fully integrated into drone topography, showcasing a ready-to-develop vision across 4 distinct urban parcels. 📐 Property Size: 3,344 m² total land area Urban-Technical Parameters (UTU): • Total Maximum Gross Build Area (BRGP / GBA): 2,000 m² (allocated as 500 m² per urban parcel) • Urban Parcels: Divided into 4 urban parcels, each with its own dedicated access road • Site Coverage Index: 0.40 • Permitted Floors: Su + P + 2 + Pk (Basement + Ground Floor + 2 Floors + Attic) • Unit Limit: Maximum of 7 residential units per building Infrastructure & Utilities: • Water & Electricity: On-site connection points readily available. • Substation & Parking Area: Includes an additional non-urbanized plot directly above the parcels where the municipality plans a local power substation. A portion of this extra plot can be utilized by the developer for private outdoor guest parking. • Sewage System: Central sewage network construction by Tivat Municipality is underway and slated for completion by year-end (interim bio-septic development permitted). Flexible Commercial Acquisition Options: • Option A (Full Site): €2,200,000 for the entire 3,344 m² property (all 4 urban parcels). • Option B (Partial Site): Opportunity to purchase half the site (2 urban parcels positioned vertically on the left side of the existing road). Price for Option B is subject to direct negotiation and includes an exclusive right-to-purchase pre-contract option for the remaining half. 💬 Contact us for more information, complete UTU documents, preliminary architectural concepts, or to schedule a private site visit.