Luštica Bay

Montenegro

Luštica Bay - A complete town, thoughtfully designed

Apartment Tivat welcomes you to a thoughtfully curated balance between urban vitality and coastal serenity. Set at the heart of Luštica Bay’s Centrale, this three-bedroom apartment offers 39 m² of living space paired with panoramic sea and mountain views. The residence forms part of The Heights, a hillside enclave surrounded by olive groves and meandering lavender paths. Traditional Adriatic architecture establishes a sense of place, while landscaped communal areas and a central plaza evoke a genuine village rhythm.

Life in Centrale is designed for year-round comfort. Residents enjoy access to a swimming pool, dedicated parking and garage, as well as a barbecue area for gatherings with friends or family. Daily needs are met within walking distance, thanks to nearby medical and administrative centers, sports courts, playgrounds, diverse retail, and dining venues.

This apartment in Tivat is more than a home, it is an invitation to live at a gentle pace, anchored by privacy, natural beauty, and enduring Adriatic style.

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€333,000 v.o.n.

Living Area
39m2

Plot Size
N/A

Bedrooms
3

LUšTICA BAY

Luštica Bay is a fully integrated coastal destination under development on the Adriatic Sea, already home to a diverse international community of more than 700 families from over 50 countries. Blending an authentic Mediterranean lifestyle with premium residential offerings and Montenegro’s first 18-hole golf course, the project represents a rare convergence of lifestyle excellence and long-term investment value.

Currently approximately 10% complete, Luštica Bay is progressing according to a comprehensive master plan designed to accommodate over 6,000 residents upon full completion. The finished development will comprise more than 3,000 apartments, over 300 luxury sea-view villas, and seven hotels, anchored by a Gary Player Signature 18-hole golf course. Infrastructure expansion includes a second marina with on-site Port of Entry and fuelling facilities, increasing total berth capacity to 220 and further enhancing the destination’s regional and international accessibility.

With a total investment value of approximately €1.5 billion, Luštica Bay represents one of the largest real estate developments in South-Eastern Europe and the largest greenfield investment in Montenegro. Sustainability and environmental stewardship are central to the project’s design: of the 690-hectare site, only 10% is allocated to built neighbourhoods, preserving the majority of the landscape as protected green areas with indigenous flora.

The community offers a highly differentiated lifestyle ecosystem, combining pristine beaches, swimming pools, sports and wellness facilities, hiking and cycling trails, a championship golf course, and vibrant public spaces featuring local markets and cultural experiences.

This holistic approach has translated into strong financial performance, with historical average annual property appreciation of approximately 13%, and further upside anticipated as key infrastructure—most notably the golf course—reaches completion.

Luštica Bay offers highly competitive investment terms, including 0% property transfer tax, interest-free payment plans of up to five years, and immediate rental income potential upon handover. Owners benefit from a professionally managed rental programme, comprehensive concierge services, and dedicated customer care, ensuring asset performance, operational efficiency, and a secure, high-quality living environment.