Limited availability

Luštica Bay by Orascom in Montenegro

A 690-hectare fully integrated coastal destination with marina, golf, beaches, and strong long-term investment potential.

LAUNCH PRICE

€333,000

PAYMENT PLAN

Flexible

HANDOVER

Phased Delivery

ROI POTENTIAL

~5-8%

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Luštica Peninsula, Montenegro, UAE,
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About the Project

Overview of Luštica Bay

Luštica Bay, a 690-hectare coastal town in Montenegro, with only 10% of land developed and 90% preserved as green space. The development features districts including Marina Village, Centrale, The Peaks, Horizon, and The Heights, hosting a diverse array of apartments, townhouses, and villas for beachfront, marina, and golf-course living within a self-sustained community slated for long-term capital appreciation.

Tivat Airport – ~15 mins

Kotor Old Town – ~20 mins

Podgorica Airport – ~90 mins

Adriatic Coastline – Direct access

Marina & Beaches – Within community

Golf Course – Within community

Project Details

Starting Price

€333,000

Handover

Phased Delivery

Payment Plan

Flexible

Area

~39 – 400 sqm

Property Type

Apartments, Townhouses & Villas

Bedrooms

Studio–5BR

Developer

Orascom Development

Location

Luštica Peninsula, Montenegro

              Download Project Presentation

Signature Features & Resort-Style Amenities

Luštica Bay is an integrated town spanning over 6km of coastline, featuring residential areas, a marina, an 18-hole golf course (Montenegro's first), beaches, and urban infrastructure. Distinct neighborhoods like Marina Village, Centrale, and The Peaks offer diverse roles. Residences emphasize natural materials, expansive terraces, and seamless indoor-outdoor living, supported by resort services and private amenities.

  • 5+ Beaches & Beach Clubs
  • 18-Hole Golf Course
  • 2 Future Marinas (220 berths planned)
  • 1.8 km Lungomare Promenade
  • Tennis, Padel & Basketball Courts
  • Water Sports & Marina Activities
  • Restaurants, Bars & Beach Lounges
  • Parks, Open Gyms 
  • Private Event Venues & Lounges
  • Jogging Tracks

Property Types

Luštica Bay offers a diverse range of residences—from studios to 5-bedroom homes—across its districts (Marina Village, Centrale, The Peaks, and Horizon). Apartments span from ~39 sqm studios to ~183 sqm 3-bedroom units. Townhouses average ~185 sqm, and luxury golf villas range from ~275 sqm (3-bedroom) to ~400 sqm (5-bedroom). Prices start at €333,000, exceeding €5M for premium beachfront and golf properties.

   Download All Floor Plans
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Payment Plan

Secure your property in The Peaks, Horizon, and Heights with a post-handover plan (20/50/30) and benefit from the structured plan (15/85) designed for the Centrale.

15%/20%

On Sales & Purchase Agreement

85%/50%

Quarterly installments during construction

0%/30%

On Handover





Investment Potential

Luštica Bay features low-density development (only 10% built) and international appeal (400+ families from 40+ countries). The long-term master plan targets 6,000 residents, 3,000+ apartments, and 300+ villas and 7 hotels.

As of 2026:

  • Limited supply + Large-scale master plan
  • 6 km coastline with premium beachfront access
  • Marina, golf, and resort infrastructure
  • Estimated ROI ~5–8% with rental program
  • Strong capital appreciation as development grows
Contact a Property Investment Consultant

Flexible Financing Options

Buying an off-plan property or a ready-to-move-in home? Maximise your buying power with competitive mortgage options tailored to your needs.

  • Secure a mortgage during construction to maximize leverage
  • Combine developer payment plans with tailored bank financing
  • Get pre-approved in as little as 3 days
  • Conventional and Sharia-compliant financing available
  • No hidden fees or added costs
Contact a Mortgage Specialist

Gallery

Exteriors

Interiors

About Luštica Bay

Luštica Bay is a fully integrated coastal town on Montenegro’s Adriatic coast, covering 690 hectares with 90% green space preservation. The development includes multiple districts, marina infrastructure, golf facilities, and planned expansion to over 6,000 residents, 3,000+ apartments, 300+ villas, and 7 hotels.

Area Page

About Luštica Bay

Luštica Bay is a fully integrated coastal town on Montenegro’s Adriatic coast, covering 690 hectares with 90% green space preservation. The development includes multiple districts, marina infrastructure, golf facilities, and planned expansion to over 6,000 residents, 3,000+ apartments, 300+ villas, and 7 hotels.

Attractions

Live within a coastal lifestyle destination:

  • Marina Village promenade & restaurants
  • 5+ beaches and beach clubs
  • Golf course & scenic viewpoints
  • Piazza Centrale & Festival Piazza

Premier Healthcare

Premium care within and near the region:

  • On-site emergency and safety services
  • Planned medical center within the town
  • Regional hospitals in nearby cities

Elite Education

Families benefit from future and nearby options:

  • Planned school within Luštica Bay
  • International schools in Tivat & Kotor
  • Private nurseries and childcare nearby
Area page

About the Developer

About the Developer

Al Madar Developer, founded in 1992, is a Qatar-based property developer with 33 years of experience across residential and commercial real estate in the GCC region. The company focuses on mixed-use developments combining modern design with premium finishes and turnkey delivery. La Crystal marks Al Madar's entry into Dubai's waterfront market, positioning the developer within Dubai Islands' expanding beachfront corridor.

Developer's Profile

FAQs About Luštica Bay

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Where is Luštica Bay located?

Luštica Bay is located on the Adriatic coast of Montenegro on the Luštica Peninsula.

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