Exclusive development opportunity: Urbanized land for villas in Luštica

An exceptional development land plot is available for sale in a prime location on the Luštica Peninsula, positioned just 500 meters above the famous Žanjice beach.

The plot consists of 11 fully urbanized parcels, with each individual parcel designated for the construction of a luxury villa. The current planning permits a Gross Building Area (GBA) of up to 300m2 per villa, spanning up to 3 floors. Additionally, there is flexibility for a new parcellation process to potentially secure an even higher number of urbanized sub-plots.

Property Specifications:

• Total Land Area: 11400m2
• Maximum GBA (Above Ground): 3,300m2
• Max Floors Allowed: 3 levels
• Distance to the Sea: Approx. 500 meters

Key Features & Investment Potential:

• Panoramic Views: The plot boasts a stunning, elevated view overlooking the open sea and the historic Arza fortress-hotel.
• Flexible Development: Perfect for a gated luxury villa community, with options to re-parcellate and maximize project capacity.
• Premium Micro-Location: Situated in one of the most untouched and high-demand coastal regions of Montenegro, close to pristine beaches and elite resort destinations.