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Undeveloped land Lustica, Montenegro

Basic details

RE ID 105074
Offer: For sale
Indicative price: 2,400,000.00 €
: Undeveloped land Lustica, Montenegro
Plot area: 46,153.00 m²
Other: k.o. Zabrđe--
Plot number: 1002, 1004, 1005, 1006, 1007, 1008, 1009, 1037, 1038, 1039 1040, 1041

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Undeveloped land Luštica - sale of the company's shareholding

Undeveloped land with a total area of 46,153 m2 is located in the NW part of the Luštica peninsula, opposite the town of Kumbur and the newly built tourist complex PORTO NOVI.

In accordance with the adopted PUPOHN, the following land use (33,108 m2) is an agricultural purpose with the possibility of construction under special conditions, conditioned by the performance of agricultural and livestock activities. Allowed activities are also catering, tourist services and agritourism services. The route of the future motorway (13,045 m2) also runs on part of the mentioned land.


The purchase of the mentioned lands is possible also through the purchase of an ownership share in the company "DUTB CRNA GORA" d.o.o. Podgorica. 

Price is without VAT.

If you are interested in buying a property, we kindly request you submit your indicative offer by either filling out the form provided or contacting the relevant contact person. All offers will be reviewed on a case-by-case basis and you will be informed about our decision as soon as possible. 


SDH informs customers that it reserves the right to not select any bidder in the sales process, i.e. it is not obliged to conclude a sales agreement with any bidder for the subject of an agreement or enter into any other legal relationship, even if a bid is equal to the informative (selling) price or higher. For the sale of the subject of an agreement, the SDH may also announce a public or electronic auction, publish a call for the submission of binding bids or conduct additional negotiations with bidders who submit similar bids. Additional information is available at the link below:

A seller will increase its final net price, which has been set for a property taxed by a real estate transfer tax and acquired by the seller under the VAT system,  by an adjustment for the deduction of the input VAT which will arise when making the sale outside the VAT system to those buyers who are not entitled to deduct the full amount of the input VAT in accordance with Article 45 of the Value Added Tax (ZDDV-1).


Andrej Filipič

SDH  d.d.

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