For Sale: Premium Villa Development Land with Unobstructed Sea Views
📍 Location: Donja Lastva, Tivat
An exceptional, high-yield investment opportunity located in Donja Lastva, one of the most exclusive and sought-after micro-locations for luxury villa developments in the Boka Bay.
Surrounded by high-end residential estates valued at up to €5 million, this elevated land assembly benefits from favorable topography and orientation, guaranteeing permanent, unobstructed views of the Adriatic Sea. The site includes preliminary architectural concepts (idejna rješenja) fully integrated into drone topography, showcasing a ready-to-develop vision across 4 distinct urban parcels.
📐 Property Size: 3,344 m² total land area
Urban-Technical Parameters (UTU):
• Total Maximum Gross Build Area (BRGP / GBA): 2,000 m² (allocated as 500 m² per urban parcel)
• Urban Parcels: Divided into 4 urban parcels, each with its own dedicated access road
• Site Coverage Index: 0.40
• Permitted Floors: Su + P + 2 + Pk (Basement + Ground Floor + 2 Floors + Attic)
• Unit Limit: Maximum of 7 residential units per building
Infrastructure & Utilities:
• Water & Electricity: On-site connection points readily available.
• Substation & Parking Area: Includes an additional non-urbanized plot directly above the parcels where the municipality plans a local power substation. A portion of this extra plot can be utilized by the developer for private outdoor guest parking.
• Sewage System: Central sewage network construction by Tivat Municipality is underway and slated for completion by year-end (interim bio-septic development permitted).
Flexible Commercial Acquisition Options:
• Option A (Full Site): €2,200,000 for the entire 3,344 m² property (all 4 urban parcels).
• Option B (Partial Site): Opportunity to purchase half the site (2 urban parcels positioned vertically on the left side of the existing road). Price for Option B is subject to direct negotiation and includes an exclusive right-to-purchase pre-contract option for the remaining half.
💬 Contact us for more information, complete UTU documents, preliminary architectural concepts, or to schedule a private site visit.
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Our services are free for tenants.
The most common payment scheme in Montenegro is payment upon arrival of the first, last month and an insurance refundable deposit of one more month. For example, if you want to rent an apartment for 1000 euros, you will most likely need 3000 euros.
Some owners are reluctant to sign a notarial contract due to personal beliefs, additional taxes and lack of necessary documents. In our work, we always ask if they need a notarial contract and if so, we already negotiate with each owner individually.
A notarized real estate lease agreement for a year is a mandatory document required to apply for a residence permit (Boravak). In addition, this document has significantly more weight than a notarized contract.
There are four options: - You pay them to the owner in cash together with the rent; - You pay utilities to the owner by bank transfer; - You pay for utilities at a bank branch; - Utilities are included in the price.
We highly do not recommend arranging a pet and keeping it in an apartment without the owner's knowledge. If your pet does not make loud noises, does not smell and does not spoil the property, then many owners will agree to move you in. As a rule, you will need to make an additional deposit for a pet when you move in.
As a rule, in this case, you will not be refunded the deposit or the deposit + the last month of rent. The conditions of a premature congress are prescribed in the contract and may differ from the above.
This service is completely free. Our agency services are paid only for the completed transaction and only by the owner.
No, a residence permit is not required to purchase real estate in Montenegro. Any foreigner can purchase real estate in Montenegro without restrictions, there are also no restrictions on the number of real estate objects that a foreigner can own.
Yes, sometimes the buyer has to pay a property transfer tax of 3%, a value added tax of 21% and a notary fee. Depending on the object, the taxation procedure may differ, for example, sometimes the owner is ready to pay all the taxes of the buyer.
There are several stages: a comprehensive inspection of the object, signing a preliminary contract, making a deposit, concluding a purchase and sale agreement and registering the object in the land cadastre. For a better understanding of specific procedures, we recommend consulting with us or with a local lawyer.
There are a lot of payment variations in Montenegro and the payment method depends on the specific object and is set by searching for the most convenient option for the buyer and the owner.
In EstateLands, before each purchase/sale transaction, a comprehensive check of all real estate documents is carried out. We analyse the documents from the cadastral statement, check them and consult with a lawyer.
Contact us with your request and we will find at least 3 suitable properties for you. For free.
