A groundbreaking development on Montenegro’s Adriatic coast seeks to create an integrated community with a focus on sustainable living and international appeal.
Situated along Montenegro’s Adriatic coast, Luštica Bay stands as a visionary development designed to blend luxury with community-focused living. Stretching over 7 million square metres, this ambitious project, estimated at €1.5 billion, aims to redefine how coastal developments can provide not just a luxury retreat, but a long-term place to live and thrive.
Developed by Orascom, a Swiss-based company, in collaboration with the Montenegrin government, Luštica Bay is already changing the region’s landscape. The first phase, the Marina Village, is already welcoming residents, while construction continues around the site. Once completed, this development will include five distinct neighbourhoods, over 3,000 apartments, more than 300 villas, and extensive amenities such as an 18-hole golf course, two marinas, and even a school and hospital.
Designed to appeal to both international and local buyers, Luštica Bay combines the aesthetic charm of local fishing villages with modern, sustainable buildings. Homes are constructed using locally sourced stone and feature terracotta roofs, mirroring the traditional style seen in nearby UNESCO-listed towns like Perast. The development offers a range of properties, from €180,000 apartments in the Centrale neighbourhood to villas priced up to €3.9 million in The Peaks, an exclusive area near the golf course.
The focus is not solely on real estate. Darren Turner, the project’s development director, emphasises the importance of creating a community where people can live year-round, offering schools, healthcare, and recreational facilities. In addition to traditional infrastructure, the development includes various sports courts, a pharmacy, bank, and even a police and fire station. This aims to foster a sense of belonging and permanence for residents, with the first local buyers already showing interest, particularly in Centrale’s more affordable offerings.
Located just a short distance from the Tivat airport, which connects to over 40 destinations, and with the bustling town of Herceg Novi just a drive away, Luštica Bay presents an ideal base for exploring Montenegro’s diverse natural beauty. From its rugged mountains and ski resorts to pristine beaches and the historical charm of Boka Bay, the region has something for everyone, with the added convenience of modern infrastructure.
What sets Luštica Bay apart from other luxury developments in the region is its commitment to building a community that caters to various budgets and backgrounds. The development’s mix of modern amenities and serene, untouched natural beauty makes it an attractive prospect for anyone looking to enjoy the Mediterranean lifestyle in an up-and-coming destination.
As Luštica Bay grows, it not only promises a luxurious lifestyle but offers the chance to be part of a new chapter in Montenegro’s coastal evolution.
