The plot includes land up to the coastline, including rocky and pebble beaches.

Located on the premises is the historic Austro-Hungarian fortress Arza, which is also part of the property.

The land is owned by a legal entity, and the initial offer is to sell the legal entity with the land. The seller also has two to three alternative sales options and is willing to discuss them directly with potential buyers.

Description and Specifications:

The land area is 107,858 square meters and includes:

• Private beach – 5,690 square meters (land) • Austro-Hungarian fortress “Arza” from the mid-19th century – 1,455 square meters (building)

The plot was purchased in 2005 through an international tender, with the condition of purposeful use of the territory as a “five-star hotel complex with individual villas and a yacht club.” The land is owned by a Montenegrin company. It is an ideal location for a top-class tourist complex with a private beach, a yacht marina, and necessary infrastructure facilities.

Distances from the nearest international airports:

• Tivat – 22 km • Podgorica (capital of Montenegro) – 60 km • Dubrovnik (one of the tourist centers of Croatia) – 65 km

Urbanistic Indicators:

According to the planning document “Local Studio of Location ‘Sector 34’,” approved in 2012, part of the land forms urbanistic parcels (UP) with the following indicators: A plot of 12,597 square meters designated for a “tourist complex.”

• Plot occupancy coefficient: 0.2 • Building density coefficient: 0.8 • Maximum number of floors: S+P+2(3) (4 or 5 floors) • Total construction area: up to 10,078 square meters

A plot of 8,936 square meters designated for a “tourist complex.”

• Plot occupancy coefficient: 0.2 • Building density coefficient: 0.4 • Maximum number of floors: P+1 (2 floors) • Total construction area: up to 3,574 square meters

A plot of 2,272 square meters designated for “tourism and culture.”

Includes the existing structure of “Fortress Arza” with an area of 1,455 square meters. Partial reconstruction of the fortress into a cultural and entertainment complex is permitted.

• Plot occupancy coefficient: 0.2 • Building density coefficient: 0.6 • Maximum number of floors: P+2 (3 floors) • Total construction area: up to 1,455 square meters (reconstruction)

A plot of 35,598 square meters designated as a “sports and recreation zone.”

• Plot occupancy coefficient: 0.08 • Building density coefficient: 0.08 • Maximum number of floors: P (1 floor) • Total construction area: up to 2,700 square meters (auxiliary facilities)

Plots totaling 14,815 square meters designated as a “park zone.”

A plot of 2,920 square meters designated for “beach entertainment.”

A plot of 5,690 square meters designated as a “beach.”

A plot of 1,351 square meters (cadastral parcel 1851 and cadastral parcel 1852) designated as a “marina.”

The remaining part of the land area of 20,375 square meters is outside the formed urbanistic parcels (coastline).

In accordance with international standards, a master plan has been developed that formulates one of the possible options for the development of the territory.

The document defines the functional zoning of the space and presents the main conceptual layout solutions.

Territory Development Project

In accordance with international standards, a master plan has been developed that formulates one of the possible options for the development of the territory.

The document defines the functional zoning of the space and presents the main conceptual layout solutions.

The project entails the construction of a five-star hotel with approximately 200 rooms, its own yacht club, and a waterfront promenade.

The complex will accommodate several restaurants, cafes, and bars, spa centers, sports facilities, pools, and three beach areas.

In addition to the hotel, a multi-story apartment complex and approximately 30 villas will be built.