Land Project For 5 Star Hotel, Krasici, Tivat, Montenegro | Property for sale | Savills
20,995.20 sq m(225,990.55 sq ft)
Price on application

Land Project For 5 Star HotelKrasici, Tivat, Montenegro


    Key features

    • 20,995.2 square metres
    • Waterfront
    • Project
    • 5 star Hotel
    • Development land

    Land plot with a project for 5 star hotel

    About this property

    • Land plot with finished project for 5-star hotel, an excellent investment opportunity. The plot is located on stunning Lustica peninsula- on the shores of the Bay of Kotor which is called the southernmost fjord in Europe, 10 minutes away from Tivat airport and 5 minutes away from luxury Lustica Bay marina.
      This is definitely a great opportunity for future investors, as it is the last plot on the coast where it is possible to build this kind of hotel.
      Lustica peninsula is famous for its amazing nature, pine and olive groves, sandy beaches, authentic villages, farms and vineyards. Future guests would enjoy this idyllic atmosphere and stunning views over the bay and surrounding mountains.
      Plot total area 20 995 m2

      The total area of the complex - 16,287 m2

      HOTEL:
      Total area of above ground floors 8,382.34 m2
      Total area of underground floors 5,956.10 m2
      Total area of the hotel 14,338.44 m2

      GUEST HOUSE:
      Total area of above ground floors 1,620.60 m2
      The total area of the underground floors 328.23 m2
      Total area of the department 1 948, 83 m2

      On the first plot of 16,029.76 m2:
      DOUBLE ROOMS - 29pcs - 43.3%
      TRIPLE ROOMS - 26pcs - 38.9%
      ONE BEDROOM APARTMENT - 4pcs - 5.9%
      APARTMENT WITH TWO BEDROOMS - 2pcs - 3%
      APARTMENT WITH THREE BEDROOMS - 4pcs - 5.9%
      APARTMENT FOR QUADRUPLE - 2pcs - 3% TOTAL - 67 ROOMS

      On the second plot of 4,966.06 m2:
      ONE BEDROOM APARTMENT - 2pcs - 25%
      APARTMENT WITH TWO BEDROOMS - 2pcs - 25%
      APARTMENT WITH THREE BEDROOMS - 4pcs - 50%
      TOTAL - 8 APARTMENTS