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Planet Montenegro d.o.o.
Realestate &Tourism Agency
Dobrota 123 
85 330 Kotor
Telephone: +382 (0)69 089545

+382 (0)69 533670


www.planetmontenegro.com

Lustica Estate

ID: 100172
Category:     Houses
Subcategory: Detached
Region: Lustica peninsula
Location: Lustica
Surface: 621.00 m2
Exterior: 4,109.00 m2
Price: 600,000.00 €
4,402,515.60 Kn

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Description:

Lustica Estate is set within the holiday resort of Lustica and provides the ideal location for a secluded boutique spa hotel and/or managed apartments and four luxury vilas. It is situated a 15 minute drive away from the UNESCO protected town of Kotor and overlooks Herceg-Novi and the Bay of Kotor. The area is rich in cultural heritage, panoramic views and beautiful beaches.

The Estate sits in the heart of the village of Zabrdje. It is located in a quiet and secluded area and is only a short walk down to the coast where one can take full advantage of swimming in the warm waters of Kotor Bay. An added advantage is that it is only a short ride from the ever expanding town of Budva.

Although this site is ideal for a boutique hotel. the design concept is flexible, with the ability to incorporate an alternative scheme of managed luxury apartments. North-East slopes open out towards panoramic views of the sea and mountains. The land has a spacious feeling (as the closesr neighbours are at the back of the ruins and well screened from view) and it is undeveloped and has an away from it all feel. There are two access points onto the land from the main road.

This site is divided into foru sections:

1. The Pool House - the lower complex of ruins - to be converted into hotel rooms upstairs with reception, restaurant and bar + terraces, pool and garden.

2. The Stone House - the upper complex of ruins converted into hotel rooms upstairs and downstairs with a manager flat. Service spaces in basement and a wine cellar.

3. Four luxury villas (1 or 2 bedroom units) are situated in the garden on the walk from the parking to the hotel reception

4. Hotel Spa with private garden and separate relaxation pool.



Additional information
Elevator: Ne
View at: Sea
Distance from sea: 200 m
Distance to public transportation: 150 m

Location:

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