Stone house for renovation with an additional plot of land on the Lustica Peninsula

Description

A rare offer for the reconstruction of a private house on the Luštica peninsula, Gošići, Tivat municipality, in the immediate vicinity of Luštica Bay.

The price includes an old registered stone house and an additional separate plot of land located very close by.

An existing family home is officially registered on cadastral plot 477, measuring 105 square meters. According to the cadastral data, the property is separately listed as having two levels, each measuring 70 square meters: a ground floor and an upper floor. The existing structure is in a state of ruin and requires complete renovation.

The presence of a registered property is the main advantage of this offer. For the buyer, this isn't just a vacant plot of land, but a property with an existing cadastral property, which can be used to develop a reconstruction project in accordance with current urban planning and construction requirements.

Additionally, the price includes a separate plot of 169 m². Therefore, the buyer receives not only the existing house for renovation but also additional land adjacent to it, which can be used for a courtyard, garden, recreation area, parking, or other solutions in accordance with the current terms.

The old stone walls and traditional architecture suggest a project to restore the house in a modern Mediterranean style while preserving the character of Gošići's historic architecture. After renovation, it could become a very attractive private villa or vacation home in one of the most sought-after areas of the Luštica Peninsula.

The location is particularly attractive. Gošići is located near Radovići and the premium Luštica Bay resort complex, featuring a marina, The Chedi hotel, restaurants, beaches, and developing infrastructure. Plavi Horizonti beach and the Luštica Bay golf course are also nearby.

The property itself is not located within a dense modern resort development, but in an old village with traditional stone houses, which provides a completely different atmosphere, privacy, and the opportunity to create an individual property with character.

This offer is especially attractive to buyers who want to build their own home in Luštica, but are not looking for an empty plot of land with the need to start the entire urban development process from scratch, but for an existing, registered property with the possibility of legal reconstruction.

A good option for both a private home by the sea and an investment project with subsequent rental or resale after reconstruction.