Spacious investment house in Radovici, near Lustica Bay
Key features
Details
Property description
Radovici, Luštica peninsula! For sale investment house 215 m² + 667 m² plot, 10 bedrooms, 9 bathrooms. Near Luštica Bay. Potential +300 m²!
A unique opportunity in the "golden triangle" of Montenegro! A spacious house on the Luštica peninsula, in the prestigious area of Radovići (Tivat) is for sale. The property was built in 1977, but with an exceptional location and untapped potential, just 5 minutes from Luštica Bay and 10 minutes from Tivat. Ideal for a large family, premium rental or redevelopment into an elite complex!
Key Benefits
• Elite location on Lustica:
1 km to Luštica Bay (marina, yachts, golf, hotels).
Close to beaches, shops, school, clinic.
10-20 minutes to Tivat, Kotor, Budva.
Silence, privacy, status.
• Ready infrastructure for rent:
10 bedrooms + 9 bathrooms – ready for groups!
Self-contained levels: the house can be easily divided into 3 separate apartments with separate entrances (perfect for rentals!).
3 kitchen-dining rooms, 3 living rooms.
Six terraces – relaxation with a view of the greenery.
• Huge investment potential:
The plot of 667 m² (6.7 acres) allows you to add on/expand or build another house up to 300-400 m²!
Possibility of creating a VIP villa, mini-hotel or apartment complex.
Land value growth in Lustica is guaranteed!
Space and functionality (3 levels):
Basement: garage, storage rooms, technical rooms (hydrophore, cistern).
1st floor: living room, kitchen, dining room, 2 bedrooms, bathroom, 2 terraces.
2nd floor: living room, kitchen-dining room, 4 bedrooms, 3 bathrooms, 3 terraces.
Attic: living room, kitchen-dining room, 4 bedrooms, 5 bathrooms, terrace.
Basic comforts: air conditioning.
Why is this a good investment?
“Land is more valuable than gold”: the plot of land in Radovici on Lustica is an asset in itself.
Ready income: 3 apartments can now be rented out (payback + waiting for reconstruction).
A developer's paradise: an extension permit is your key to a profit of €800k+ after renovation.
Luštica Bay status: proximity to the most premium resort in Montenegro increases the value several times.
Technical data:
• year of construction: 1977 (requires cosmetic repairs);
• living area: 215 m² (excluding terraces and utility rooms!);
• plot: 667 m²;
• bedrooms: 10;
• bathrooms: 9;
• levels: 3 residential + basement;
• parking: garage + territory.
This is the best investment in real estate in Montenegro! The house is waiting for a strategist who will see its future value.