Unique Investment Opportunity, Rose, Herceg Novi, Montenegro, R2370 (Off Market)

For Sale, Guided Price: EUR 5,000,000


Unique Investment Opportunity, Rose, Herceg Novi, Montenegro, R2370,

Property Type : Single Family Home

Property Style : N/A

Build Size : 253,374 ft² / 23,539 m²

Land Size : N/A

Bedroom : 0

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

Description

This exceptional property offers a rare investment opportunity - a stunning land plot featuring an historic fortress in Rose, Lustica Peninsula. Perfect for visionary investors, it combines rich history with vast potential for future development.

The land covers a total area of 23,539 sq.m.

On this land, it is possible to build various structures for tourist purposes, including: a tourist centre, hotel, rent-a-pool villas, a gated villa complex, private lodging, tourist construction in the coastal zone, sports and recreational facilities, and a park designated for special tourist purposes.

The Kabala Fortress, built between 1895 and 1897, is located on the Lustica Peninsula, overlooking the Bay of Kotor. Constructed with stone, brick, concrete, and metal, it has two levels: the lower for the garrison and the upper for defence. Surrounded by a retaining wall and moat, the fortress is currently abandoned and overgrown with vegetation, including agaves, cypress, and ivy.

The fortress offers stunning views of Boka Bay, with the hill dividing Croatia and Montenegro to the left and the coastline of Igalo and Herceg Novi to the right.

The land plot is located just 14.5 km from Lustica Bay, 20 km from Tivat International Airport, 22 km from Old Town Kotor, and 23 km from Porto Montenegro.

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Unique Investment Opportunity, Rose, Herceg Novi, Montenegro, R2370, Montenegro is a 253,374ft² Montenegro luxury Single Family Home listed for sale Guided Price: EUR 5,000,000. This high end Montenegro Single Family Home is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Montenegro or search for luxury properties for sale in Montenegro.