Group of lands, appropriately for hotels and apartments building, at peninsula Lustica (total area: 15,000 sqm) Location: Tivat – Oblatno, inlet next to the Plavi Horizonti Hotel, toward open sea. Position: land is intersected by Tivat – Dobra Luka road, part of land is below the road (2,300 sqm). Other part is above the road, at calm rising inclination (13,000 sqm). Total area: 15,000 sqm, with 80 meters wide seashore. Price: along the seashore – 400 €/sqm. Above the road - 200€/sqm

Infrastructure: electric power and asphalt road to the location.
Land quality: seashore is sandy, smooth sand in shallow 50 m into the sea, lagoon look-alike colors, water is absolutely clean. Land is rocky with smooth rising inclination.
On lower part of parcel – next to the sea – is possible to arrange seashore in accordance and project of “Morsko Dobro”. It is allowed to build seaport, mini marina, yachting club or various objects for water sports.

Special Purposes Town Plan – “Morsko Dobro” plan – allows building at this location, at upper part of parcel. Also, by the General Town Plan of City of Tivat it is predicted to build various touristy facilities.

Price of the land is: at seashore location – 400 €/sqm, above the road – 200 €/sqm. In case of building, taxes for building permission is 50 €/sqm net building area. Built-in degree is 0.7 percent of objects P+P1 to P+P1+P2+P3+P4
Sale taxes are 2% of land valuation. Taxes are free if land is bought by company, which is importing it in founders fund and net assets.

Build flats or apartments at this location now could estimate price of 3000 €/sqm.