Land plot for residential development in Tivat, Luštica Peninsula (Radovići)

769 m² of land with the possibility to build up to 700 m² gross built area

A land plot of 769 m² is offered in Radovići (Luštica Peninsula, Tivat).
The plot allows the construction of a residential building with a gross built area of up to 700 m².

Price of the main plot: €250,000

An additional neighboring plot of 250 m² is available for purchase at €85,000, expanding the total buildable area to 900 m².

Project economics (approximate)

Residential sales: 700 m² × €3,500/m² = €2,450,000
Garage sales: 180 m² × €1,500/m² = €270,000
Total revenue: ≈ €2,720,000
Net difference: ≈ €1,200,000
Profit tax (9%): ≈ €108,000
Estimated net profit: ≈ €1,100,000

ℹ️ All figures are approximate and provided for orientation purposes only. Final costs and returns depend on the chosen architectural design, finishing level, and materials.

Advantages

• All utilities (water, electricity, sewage) are available nearby
• Option to expand by purchasing an additional plot (€85,000)
• Attractive location for a residential or investment project
• Full service: design, construction, and turnkey delivery

Interested?
Contact us for details or to arrange a meeting:
+382 69 283 900
+382 68 793 661