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€1,400,000,000  Plot of land Lustica

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  • €1,400,000,000
The land is located in
Zabrdje, Lustica, the
municipality of Herceg
Novi and ia a unique urban
ing land is near
the sea, which increases
its attractiveness and
market value.
Underlying real estate -
plot, is the building land of
the total area of 61,693
m2. The above mentioned
building land-plot is
covered by the detailed
urban plan, which is
confirmed by the official
certificate of the
Secretariat for Urban
Planning and
Construction, the
municipality of Herceg
Novi.
It will be possible to build
four-level buildings on the
construction site, and land
absoption is 40%
compared to the land
area. The terrain is gently
falling which makes it
suitable for the
construction of cascade
buildings so that each
construction unit has the
view of the sea.
The purpose of the land
On the mentioned building
land is possible to cistruct
tourist
facilities(apartments
hotels, kondo hotels and
tourist settlements), ehich
fit into the new spatial
plan for the municipality
of Herceg Novi. Since the
allowed land coverage is
40% compared to the land
area,and it is possible to
build the facilitiea at four-
levels, it will be possible
to build the facilities of
the total basement of
24777m2, and taking into
account the number of
floors of the building the
total area which can be
built is: 24777(basement)
x 4 (number of levels) =
98700m2.
So, on the construcion
land of 61,693m2, it is
possible to build facilities
of the total area of
98,700m2 (+) 20% i.e. cca
120 000m2.
For the construction of
future projects in this area
there is a building permit
issued by the Municipality
of Herceg Novi.
Additional info:
The location anticipated
for construction is one of
the most beautiful parts of
the Montenegrian coast,
on an exrtemely attractive
tourist site-Lustica, the
municipality of Herceg
Novi.
Lustica is a peninsula
located at the entrance to
Kotor Bay on its right side.
Its area is 47 to
its indentedness, the
coast line is 35km long.
On this territory there are
about 10 villages with
about 400 residents.
The land is located in
Zabrdje, Lustica, the
municipality of Herceg
Novi and ia a unique urban
ing land is near
the sea, which increases
its attractiveness and
market value.
Underlying real estate -
plot, is the building land of
the total area of 61,693
m2. The above mentioned
building land-plot is
covered by ...

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