SEXUAL frustration and Catholicism come to the fore in “The Holy Girl,” the second feature by Argentine writer-director Lucrecia Martel.

No wonder Pedro Almodovar signed on as executive producer. We suspect Luis Bunuel would have done the same, were he still with us.

Dr. Jano (Carlos Belloso), a perfectly respectible middle-aged married man with children, gives in to lust and presses against 14-year-old virgin Amalia (Maria Alche) in a street crowd.

Turns out the girl is the daughter of divorcée Helena (Mercedes Moran), manager of the rundown hotel where Jano and an assortment of other male doctors are attending a weekend conference.

The incident leaves the highly religious Amalia highly confused: Should she try to save the doctor’s soul – or savor his body?

Things get more complicated when Jano, who’s not especially attractive, finds himself drawn to Amalia’s sexy mom, Helena (Mercedes Moran). What a mess!

Martel watches impassively as the three go through their mating dance.

“The Holy Girl” ends without resolution, but one isn’t needed in this mature, thoughtful drama.

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THE HOLY GIRL

[] (Three stars)

A virgin’s dilemma. In Spanish, with English subtitles. Running time: 106 minutes. Rated R (strong sexuality). At the Sunshine and the Lincoln Plaza.

****

DEATH OF A DYNASTY [] (One star)

RAP mogul Damon Dash’s vanity production – loaded with cameos ranging from Chloe Sevigny’s to Walt Frazier’s – is a mockumentary that veers unsteadily between satire and an infomercial for Dash’s Roc-A-Fella records.

Ebon Moss-Bachrach plays a clueless white reporter for a magazine like the Source who is given access to Dash (Capone) and his posse – and swallows a phony story about a feud between Dash and rapper Jay-Z (Robert Stapleton).

Aside from Kevin Hart’s dead-on impersonation of P. Diddy, this navel-gazing snoozer fails to effectively lampoon either the rap world or the media (including a gossip column known as “Page Seven”).

Since the sloppily made “Death of a Dynasty” premiered two years ago at the Tribeca Film Festival, Dash has gone on to direct the at least minimally competent “State Property 2.”

Running time: 91 minutes. Rated R (profanity, sex and drug references). At the Loews State, others.

– Lou Lumenick