The land for sale located on Luštica peninsula overlooking the Mamula fortress in the entrance to the Boka Kotorska and is, in total, 61,033m², which includes construction land of 53,361m² with a maximum gross-built area allowance of 32,016m². It is urbanised with planned mix of hospitality and residential accommodation. The access infrastructure works to the land and within the plot boundary have been completed.
The land has the following permits:
- Local study of location approval
- UTU issued (planning conditions)
- Preparatory works approval issued at a session of central government
- High voltage installation building licenses and paid up road bonds
- Construction on the development site has already commenced following the issue of the preparatory works approval by the government
- Road infrastructure have been completed and other works are permitted under this approval which could include excavation, ground remodelling, site preparation and infrastructure works
- Investor can start work the day they buy the land or the company and, furthermore, will be able to tailor the concept to their own business model
This opportunity is unique on the coast of Montenegro with regards its amazing coastal location, size, permissions and opportunity for immediate commencement.
Please contact us for more information.