Seafront Land for 5-Star Hotel Development

Seafront Land for 5-Star Hotel Development 📍 Location: Krašići, Luštica Peninsula – First Line to the Sea 🛬 Just 15 minutes from Tivat Airport | Direct access to the Bay of Kotor 📍 Directly across the bay from Portonovi Resort, Kumbor An exclusive investment opportunity on Montenegro’s most prestigious coastline – a prime waterfront plot with 100 meters of shoreline and a valid construction permit for a 5-star hotel. 📐 Property Overview: • Primary land area: 8,011 m² • Approved gross construction area: up to 5,000 m² above ground • Shoreline frontage: 100 meters of direct sea access • Urbanized with full planning documentation and development permit • Ideal for: Boutique resort, branded hotel, wellness & spa retreat 🌿 Additional Development Opportunity: There is an option to acquire adjacent land, expanding the total area up to 37,500 m². This includes both urbanized and non-urbanized zones, providing a unique opportunity for building a larger seafront complex, subject to planning approval. 📌 The extended area offers the potential for: • Multiple accommodation units or branded residences • Full-scale resort facilities • Expanded hospitality, wellness, or marina infrastructure 📩 Extended purchase options available upon request. ✅ Location Highlights: • First-line seafront position on the Luštica peninsula • Panoramic views of the Bay of Kotor • Directly across from Portonovi luxury resort in Kumbor • Asphalt road access + nearby utilities (water, electricity) • Peaceful and exclusive setting with strong ROI potential 💶 Price (8,011 m²): €11,500,000 💼 Price and terms for extended land package: On request 💬 Contact us for detailed project documentation, planning potential, and to schedule a private site visit.