Land 1 м² in Lustica, Montenegro

381 082 $

381 082 $ /м²

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Land 1m² in Montenegro, Lustica. Priced at 325000€ rent photo- #1

Land 1m² in Montenegro, Lustica. Priced at 325000€ rent photo- #2

Land 1m² in Montenegro, Lustica. Priced at 325000€ rent photo- #3

Area

1 м²

Bathrooms

Exceptional Development Plot with Open Sea View

This exceptional development plot is located on the beautiful Lustica Peninsula, at the turnoff to Zanjice, one of Montenegro's most iconic beaches. Surrounded by lush Mediterranean greenery and offering magnificent, unobstructed sea views—especially from the upper portion of the land—this is one of the rare plots in the area with both prime positioning and full planning documentation already in place.

The land spans 3,830 m2, providing ample space for an exclusive residential project or private estate. A building permit has already been issued for a total of 670 m2, and utilities have been fully paid in the amount of €30,761, ensuring significant savings and eliminating the long permitting wait typical for Lustica.

Approved Project Includes:

* Villa 1: 370.55 m2

* Semi-detached villa: 305.28 m2 total

* Two three-bedroom villas of 157 m2 each

This configuration gives future investors flexibility for luxury villas, a boutique rental project, or a family estate compound—all with panoramic views of the Adriatic Sea.

Additional Advantage - Plot Division is possible, as the owner is open to dividing the land into two parcels, offering buyers the option to acquire a smaller portion while still benefiting from the same breathtaking location and development potential.

Lustica is one of Montenegro's most desirable coastal areas, known for its untouched nature, olive groves, turquoise coves, and proximity to luxury destinations such as Lustica Bay, Porto Montenegro, and Blue Grotto. Beaches like Zanjice, Miriste, and Arza are just minutes away, while Tivat International Airport is within a comfortable drive.

If you find this opportunity sounds interesting to you, feel free to contact us for more information.

Property features
* Close to Tivat airport
* Mountain view
* Sea View

Additional details

Property type

Residential Properties

Object type

Land

Price

381 082 $

Land area

3830

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Lustica; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Banks in Montenegro finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

A title search at the land registry of Montenegro takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Yes. Rental income tax is 5–25% depending on the regime. In Lustica short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Yes. An inspection costs about 0.5–1% of the price (381 082 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

A typical transaction runs 30–90 days, averaging 45 in Lustica: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).