Seafront Land Plot for 5-Star Hotel Development — Luštica Peninsula

Seafront Land Plot for 5-Star Hotel Development — Luštica Peninsula

Quiet, scenic, and highly promising location on the Luštica Peninsula — the seafront settlement of Krašići.
Privacy, natural beauty, and quick access to infrastructure: only 10 minutes to Tivat Airport

Key Advantages

  • Direct seafront position in Krašići (Luštica Peninsula)
  • Quiet area with strong upside for premium hospitality
  • Panoramic Adriatic & mountain views
  • 10 min to Tivat Airport, 20 min to Porto Montenegro
  • Existing conceptual design for a 5-star hotel
  • Urbanistic conditions (UTU) already defined

Development Potential

The site totals 20,995 m² with a building coefficient of 0.8. In line with current technical and urbanistic terms, up to 16,300 m² of above-ground construction is permitted. Underground areas and garages are excluded from the coefficient and may be executed additionally.

Land area 20,995 m²
Above-ground (per UTU) up to 16,300 m²
Price per m² €450
Total price €9,447,750

Existing Design Concept

A preliminary architectural concept aligns with the approved UTU and terrain. The proposed complex comprises a main hotel building and a guest house. The project’s combined area (above- + underground) is 16,287 m², with the above-ground sum well within the permitted cap.

Hotel Building

  • Above-ground area: 8,382.34 m²
  • Underground area: 5,956.10 m²
  • Total: 14,338.44 m²

Guest House

  • Above-ground area: 1,620.60 m²
  • Underground area: 328.23 m²
  • Total: 1,948.83 m²
Total complex (above + underground) 16,287 m²
Above-ground total (for UTU check) 10,002.94 m² Within 16,300 m² cap

Visualizations

Interior and exterior renderings available upon request. Concept integrates architecture into the natural slope with panoramic sea views.

Investment Summary

Land area20,995 m²
Buildable (above-ground, per UTU)16,300 m²
Total project area (above + underground)16,287 m²
Price per m²€450
Total price€9,447,750

Want to learn more?

Feel free to reach out — we’ll be glad to share more about the project.

Email: [email protected]
Phone / WhatsApp:
+382 68 793 661
+382 69 283 900
Website: https://eco-build.me