Luštica Bay, Montenegro: Where Luxury, Marina and Golf Create the Perfect Investment

Where the Adriatic Meets Mediterranean Luxury

Picture waking up, stepping onto your terrace and looking out over the deep-blue Adriatic. A world-class marina, a five-star hotel and Montenegro's first championship golf course are all within walking distance. Welcome to Luštica Bay — one of the most ambitious luxury real estate projects in the Mediterranean, presented exclusively by immond for international investors.

A Resort Growing into a Real Town

Luštica Bay on Montenegro's Luštica Peninsula is far more than a holiday resort. With a planned permanent population of around 6,000 residents, the project is evolving into a fully self-contained waterfront community by 2028 — complete with a school, medical clinic, restaurants, bars, spa facilities and direct sea access. Developer Orascom Development is driving the completion of several phases through the end of 2026.

Key Highlights at a Glance

• The Chedi Luštica Bay — Montenegro's only five-star hotel of international renown, at the heart of the resort

• Luštica Bay Marina — berths for yachts up to 45 metres; one of the most modern marinas on the Adriatic

• The Peaks — Montenegro's first 18-hole championship golf course; first 9 holes opening end of 2026, full course by 2028

• Centrale Luštica Bay by Angsana — new boutique five-star hotel in the town centre (opening December 2026)

• Jaz-Tivat Boulevard — new €54M road connecting Tivat Airport to the Luštica region; completion June 2026

• Multiple restaurants, bars, spa and wellness facilities, and direct beach access

Current Market Data & Yields 2026

Montenegro's coastal property market recorded price growth of 10–14% in Q1 2026. Analysts forecast approximately 7% growth for the full year, driven by ongoing phase completions and Montenegro's EU accession process (target: 2028–2030). Once Montenegro joins the EU, prices are expected to gradually align with established Mediterranean markets such as Croatia or Malta.

Rental yields range from 5–6% gross per year through the on-site managed rental pool — golf-adjacent units in The Peaks are projected at 5–8% thanks to year-round demand. Current price ranges by neighbourhood:

• Centrale (Town Centre): from approx. €230,000 (studios/1-bed) to €600,000 (2-bed)

• Marina Village (Waterfront): €6,700–12,300 per m²; 2-bed units €800,000–1,080,000

• The Peaks (Golf Residences): from approx. €859,000 (apartments), townhouses from €2.2M, villas from €3.37M

• Horizon (new hillside neighbourhood): from €426,500

• immond offers units across the entire development from €390,000

Interest-Free Payment Plan — Ownership from Just 20% Down

What makes Luštica Bay particularly compelling for investors is its flexible payment structure: secure ownership with a deposit of just 20%. The remaining balance is spread across interest-free instalments — and the plan continues even after key handover. That means you can begin using or renting out your property while continuing to pay in instalments. A model of exceptional capital efficiency.

Selected Completion Milestones 2025–2027

• Visterija Residences (Marina Village): handover Dec. 2025 – May 2026

• The Peaks – Botanika (first golf residences): Q4 2025 through Dec. 2026

• Centrale – Alba Cluster: phased completion Feb. 2026 – Dec. 2027

• Golf Course The Peaks: first 9 holes end of 2026; full 18-hole course by 2028

Request Your Consultation Now

immond guides you from first enquiry through to key handover: personalised advice, complete project documentation and transparent transaction management. Leverage our network to secure the right unit in Luštica Bay — before the best properties are gone.

Contact: Nenad Damjanovic | info@immond.com | Tel. +49 173 563 6396 | www.immond.com