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NEW HOME

Lustica, Montenegro

€916,000
ntRealty, Tivat
PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

2

SIZE

983 sq ft

91 sq m

Key features

  • - Ground-floor apartment, Level 0, Residence H8, Two bedrooms, two bathrooms (master with en suite)
  • - 78.68 m2 internal area, 12.63 m2 terrace, 91.31 m2 total sellable area, 66.44 m2 private garden under exclusive usage rights
  • - Open-plan kitchen, dining and living room, fully equipped kitchen
  • - Terrace accessed by sliding doors from the living area
  • - Both bedrooms open directly onto a pergola-covered area and the garden
  • - Built-in wardrobes in both bedrooms
  • - Underfloor heating in the bathrooms
  • - Ducted air conditioning and exterior shading
  • - Residence infinity pool and sun terrace
  • - Underground parking space on a 25-year lease

Description

Apartment H8-01 is a two-bedroom, two-bathroom ground-floor apartment in Residence H8 at Horizon, Lustica Bay, with 78.68 m2 of internal space, a 12.63 m2 terrace and a further 66.44 m2 private garden held under exclusive usage rights. Total sellable area is 91.31 m2. The price is EUR 916,000 including VAT, with an underground parking space on a 25-year lease. Off-plan, with delivery planned for December 2029

Horizon is Lustica Bay's most private neighbourhood, set on the hillside between Marina Village and the golf course, with views across the Adriatic. It is a purely residential area with no shops or commercial units, built in local stone with green shutters and arched porticos, and laid out along cypress-lined paths and terraced gardens.

Residence H8 is part of the new launch phase. H8-01 sits on Level 0, the lowest floor of the building, and is one of the few apartments in Horizon that comes with its own garden.

The front door opens into an open-plan kitchen, dining and living room. The kitchen runs along the back wall and is delivered fully equipped, the dining area takes a table for six, and the living room leads through wide sliding doors onto a 12.63 m2 terrace. The terrace is large enough for a dining table and a lounge set, and steps straight down to the garden.

Both bedrooms sit side by side on the garden side of the apartment, each with built-in wardrobes and doors opening directly onto a pergola-covered strip outside. The master bedroom has its own bathroom; the second bathroom serves the guest bedroom and the living space.

The 66.44 m2 garden wraps around the front of the apartment beneath the terrace and bedrooms, with its own stair access. Held under exclusive usage rights, it gives the apartment an outdoor area closer to that of a townhouse than a typical apartment, and room for planting, a lawn and outdoor furniture.

Ducted air conditioning, exterior shading and underfloor heating in the bathrooms make the apartment usable year-round. Residents share the residence's infinity pool and sun terrace, and an underground parking space is included on a 25-year lease.


Horizon Homeowner Benefits

- Three years' complimentary Horizon Clubhouse membership
- Exclusive access to Lustica Bay beach and pools, with priority booking at other beaches and beach clubs
- Complimentary shuttle to the marina promenade and town centre
- 24/7 security and customer service
- Discounted rates at The Chedi Lustica Bay for family and friends
- Preferential rates for the spa, gym, sports courts, restaurants, shops and yacht moorings
- Access to the Lustica Bay rental programme
- Year-round property management, maintenance and landscaping at a preferential charge


Other Two-Bedroom Apartments Available in Horizon

For buyers comparing layouts, floors or delivery dates, the following two-bedroom apartments are also currently available off-plan. All prices include VAT.
- H5-13 - internal 91.01 m2, terrace 14.27 m2, total sellable 105.28 m2 - EUR 1,183,000 - delivery June 2029
- H5-22 - internal 91.68 m2, terrace 9.81 m2, total sellable 101.49 m2 - EUR 1,142,000 - delivery June 2029
- H6-11 - internal 98.72 m2, terrace 11.00 m2, total sellable 109.72 m2 - EUR 1,069,500 - delivery June 2029
- H7-11 - internal 88.11 m2, terrace 12.48 m2, total sellable 100.59 m2 - EUR 955,000 - delivery September 2029
- H7-13 - internal 94.62 m2, terrace 16.73 m2, total sellable 111.35 m2 - EUR 1,069,000 - delivery September 2029

New Launch - Residence H8

- H8-11 - internal 83.30 m2, terrace 12.63 m2, total sellable 95.93 m2, exclusive usage area 11.15 m2 - EUR 969,000 - delivery December 2029
- H8-12 - internal 87.57 m2, terrace 17.70 m2, total sellable 105.27 m2 - EUR 1,003,000 - delivery December 2029
- H8-21 - internal 83.30 m2, terrace 12.63 m2, total sellable 95.93 m2 - EUR 956,000 - delivery December 2029


Lustica Bay Lifestyle and Amenities

Lustica Bay is a planned coastal town on the Lustica peninsula, developed by Orascom Development. Marina Village sits just below Horizon, with the marina, a promenade of restaurants, cafes and shops, and The Chedi Lustica Bay hotel and spa. Centrale, the town's second hub, has a piazza and tennis and padel courts. Along the shore are Marina Beach, Zen Beach Sea Lounge, The ROK Beach Bar and The Chedi Beach, linked by the 1.8 km Lungo Mare walkway. The 18-hole Gary Player Signature golf course is under development around The Peaks, directly above Horizon.


Location and Distances

On Foot

- Residence infinity pool - on site
- Horizon Clubhouse - ~400 m, ~5 minutes
- Marina Beach and Lungo Mare walkway - ~600 m, ~10 minutes (downhill)
- Marina Village promenade, restaurants and cafes - ~900 m, ~12 minutes (downhill)
- The Chedi Lustica Bay - ~1.2 km, ~15 minutes

By Car
- Centrale Lustica Bay - ~3 km, ~5 minutes
- Radovici (shops, pharmacy, post office) - ~5 km, ~8 minutes
- Almara Beach and Pecka Beach - ~5 minutes
- Tivat and Porto Montenegro - ~18 km, ~25 minutes
- Kotor Old Town - ~13 km, ~18 minutes

Airports
- Tivat Airport - ~14 km, ~20 minutes
- Podgorica Airport - ~90 km, ~1 hour 30 minutes
- Dubrovnik Airport - ~63 km, ~1 hour 30 minutes, plus border crossing


Buyer's Lens

H8-01 suits a buyer who wants the security and services of a managed residence without giving up a garden. Children can step from their bedroom straight outside, breakfast can move from the terrace to the lawn, and the pool, clubhouse and beach are all within walking distance.
For a holiday home, the combination works well: the Lustica Bay rental programme and year-round property management handle the apartment between stays, making it a holiday base that needs no thought between visits. For rental guests, two bathrooms, two equal-sized bedrooms and a private garden are a clear step up from a standard apartment.


Agent's Honest View

This is a ground-floor apartment, and that is both its strength and its trade-off. The garden and direct outdoor access from every main room are rare in Horizon, but views from Level 0 will be lower and more framed than from the upper floors of the residence. Buyers for whom a wide sea panorama comes first should also look at H8-11, H8-12 or H8-21 above.
The apartment is off-plan, with delivery planned for December 2029. The payment schedule spreads the cost well beyond handover, which makes the wait easier to plan around, but buyers should be comfortable with a three-year horizon before moving in.


Completion and Payment Terms

H8-01 is sold off-plan with delivery planned for December 2029. Payment terms are interest-free: 20% on signing the Sales and Purchase Agreement, 50% in quarterly instalments until delivery, and 30% in quarterly instalments over the two years after delivery.


NT Realty is a boutique real estate agency based in Tivat, Montenegro. Founded by Peter Flynn, who first came to the Bay of Kotor in 2005 as a property investor and has since built businesses across real estate development, architecture, and interior design, the agency is run alongside Masa Flynn - architect and former Head of Design at Porto Montenegro, where she delivered over EUR 60 million of projects on time and on budget. Between them they bring a depth of local market knowledge that is difficult to find elsewhere in the region.
The team specialises in properties for sale and long-term rentals across the Bay of Kotor, Tivat Bay, and the Lustica Peninsula - from Porto Montenegro and Lustica Bay to private homes throughout the wider region. Our job is to guide buyers, sellers, and tenants through the process clearly, honestly, and without unnecessary complexity.

Lustica, Montenegro

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Tivat(International)
    3.6 miles
  • Podgorica(International)
    32.3 miles

About ntRealty, Tivat

Tivat

ntRealty is a Real Estate Agency based in Tivat, Montenegro, run by a team of professionals who really understand the Montenegrin property market. We specialise in properties for sale all around the Bay of Kotor, Tivat Bay and Lustica. We have apartments, houses, villas ruins and land for sale. These also incluse exciting new projects such as Porto Montenegro, Lustica Bay, Sea Breeze. and Tivat Heights.

The Agency is founded by a British businessman who came to Montenegro in 2005 to invest in the real estate market and has worked not only in real estate but development and architecture. The agency is run on the pricipal that properties listed must have at least on of the following attributes:

Position - It's all about location, location. location

Price - the price must reflect current market values or represent excellent value for money. Overpriced properties are rejected

Potential - normally properties in this category are in a good area or an up and coming area and the price represents good value. Often these are properties that need refurbishment, renovation, extended or land to be developed

We only accept properties that have at least one of the above atribute and preferably all three. We vet the properties, land/ruins offered to us but there is no substitute for good legal advice when buying.

If you are looking to buy land or property, please take a look at our listings. If you need any help, please contact us and we will gladly work with you to help find your perfect realty. We can also offer a property search service, so if you can't see what you are looking for, we can help find it for you. Contact us today with your requirements.

If you are looking to sell your land or property and have all of your documents please contact us. We have buyers registered with us and we are actively looking for good quality properties to buy and sell.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by ntRealty, Tivat (reference 0992) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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