Land 1 м² in Lustica, Montenegro

640 670 $

640 670 $ /м²

4OiMB

Land 1m² in Montenegro, Lustica. Priced at 550000€ rent photo- #1

Land 1m² in Montenegro, Lustica. Priced at 550000€ rent photo- #2

Land 1m² in Montenegro, Lustica. Priced at 550000€ rent photo- #3

Land 1m² in Montenegro, Lustica. Priced at 550000€ rent photo- #4

Land 1m² in Montenegro, Lustica. Priced at 550000€ rent photo- #5

Land 1m² in Montenegro, Lustica. Priced at 550000€ rent photo- #6

Land 1m² in Montenegro, Lustica. Priced at 550000€ rent photo- #7

Land 1m² in Montenegro, Lustica. Priced at 550000€ rent photo- #8

Land 1m² in Montenegro, Lustica. Priced at 550000€ rent photo- #9

Area

1 м²

Bathrooms

Prime Development Land with Panoramic Sea Views - Ponta Veslo 3.757m2

This exceptional development plot is located in Ponta Veslo on the Lustica Peninsula, one of the most scenic and promising areas along Montenegro's Adriatic coast. Positioned to face the open Adriatic Sea, the land enjoys magnificent panoramic views and an extraordinary natural setting surrounded by an untouched Mediterranean landscape.

The plot benefits from excellent accessibility and infrastructure, with road access, electricity connection, and urban-technical conditions already in place, making it a highly attractive opportunity for future development.

According to the Spatial Urban Plan, the land is designated for luxury tourism development, offering excellent possibilities for high-end hospitality or residential projects.

Urban planning parameters:

* Site coverage coefficient: 0.10

* Construction coefficient: 0.15

These planning conditions allow for the development of an exclusive low-density project, such as luxury villas.

The size of the plot provides flexibility for a thoughtfully designed project that integrates with the surrounding natural environment.

Ponta Veslo is a peaceful coastal area known for its dramatic cliffs, crystal-clear waters, and spectacular sunset views over the Adriatic. At the same time, it is located close to one of Montenegro's most prestigious lifestyle developments.

* Lustica Bay Resort & Marina: approx. 10 minutes drive

* Access to restaurants, beaches, marina, and the future 18-hole golf course

* Surrounded by beautiful beaches and authentic villages of the Lustica Peninsula

The location is well connected with three international airports:

* Tivat Airport: 20 km

* Dubrovnik Airport (Croatia): 70 km

* Podgorica Airport: 99 km

This connectivity makes the location attractive for both international investors and tourism-oriented projects.

Large development plots with open sea views on the Lustica Peninsula are increasingly rare. With its strategic location near Lustica Bay, approved planning parameters, and stunning Adriatic views, this property represents a high-potential investment opportunity for luxury tourism or residential development on the Montenegrin coast.

Contact us for more information or to arrange a site visit.

Property features
* Close to Tivat airport
* Excellent location
* Mountain view
* Peaceful area
* Sea View
* Tourism
* Untouched nature

Additional details

Property type

Residential Properties

Object type

Land

Price

640 670 $

Land area

3757

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 (640 670 $) 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).