Lustica, Zabrdje – renovated countryside house with panoramic sea view;
The house is situated on Lustica Peninsula, one of the most desirable locations on the Adriatic Coast, and is surrounded by beaches, hiking trails, historic villages, idyllic fishing ports, luxury hotels and marinas, beach bars and restaurants. Only 15km to Tivat town and Airport, Kotor UNESCO town, and only 30km to Budva coastal resort town. Dubrovnik and Podgorica Airports are 1.5 hours drive, and Belgrade a short flight from Tivat.
Only 3km from Krasici Village, it is perfectly positioned just away from the summer crowds, in a peaceful and natural forest setting, with olive and oak trees for shade. The Lustica area is developing at a rapid pace, and affordable properties are already very difficult to find on the Peninsula.
The house comprises three bedrooms and sleeps up to six adults, with additional sofa beds for children. There are three floors and two separate entrances. Each space has its own new kitchen, newly renovated bathroom, outdoor terrace and garden area. This makes the property ideal for holiday rentals. The size of the house is 70m2 and the land area size is 150m2. The lower apartment is approx 30m2 and the upper apartment 40m2. There is space to add further outdoor terraces and a swimming pool, at an estimated cost of €10,000.
The property is fully-furnished with brand new furniture, beds, linens, mattresses and appliances, including two new wood-burning stoves, wall-mounted heaters and an air-conditioning unit. Interior elements were carefully selected from leading designers.
The house has fantastic location, in a very demanded area of the peninsula, with exquisitely high renting potential and high investment return rate.
Montenegro, as a holiday or property-buying destination, is becoming one of the world’s most appealing investment and tourism destinations, and is one of the last remaining affordable Mediterranean locations. The dramatic coastal scenery, low cost of living, competitive tax structure, fabulous climate, beaches, mountains, and cosmopolitan lifestyle all provide appeal. Montenegro is also an incredibly safe and harmonious society, with a strong sense of community and very low crime rates. Residency is granted to foreign home owners.
Properties in Montenegro’s coastal and alpine resorts have the potential for strong capital growth in the short and medium-term, with low property prices and one of the fastest growing tourism markets in the world. Numerous luxury resorts and marinas have recently opened or are in progress, and flights to all three nearby airports are increasing.
