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NEW HOME

Lustica, Montenegro

£1,546,045
€1,850,000
ntRealty, Tivat
PROPERTY TYPE

Apartment

BEDROOMS

3

BATHROOMS

4

SIZE

1,489 sq ft

138 sq m

Key features

  • Ground-floor apartment, Level 0, Residence H5
  • Three bedrooms, three bathrooms plus guest WC, Two master bedrooms, each with its own bathroom. Open-plan kitchen, dining and living room
  • 127.28 m² internal area, 11.00 m² terrace, 138.29 m² total sellable area, 88.88 m² private garden under exclusive usage rights
  • Entrance hall with guest WC and cloakroom wardrobe
  • Terrace accessed by folding glass doors from the living room
  • Two bedrooms open directly onto a pergola-covered area and the garden
  • Built-in wardrobes in all bedrooms
  • Fully equipped kitchen, Underfloor heating in the bathrooms
  • Residence infinity pool and sun terrace
  • Underground parking space on a 25-year lease

Description

Apartment H5-03 is a three-bedroom, three-bathroom ground-floor apartment with a separate guest WC, in Residence H5 at Horizon, Lustica Bay. It has 127.28 m² of internal space, an 11.00 m² terrace and an 88.88 m² private garden held under exclusive usage rights. Total sellable area is 138.29 m². The price is 1,850,000 EUR including VAT, with an underground parking space on a 25-year lease. Off-plan, with delivery planned for June 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 H5 is in Phase 2, at the marina end of Horizon, right beside the Horizon Clubhouse. H5-03 sits on Level 0, the lowest floor of the building, and is currently the only three-bedroom apartment available in Horizon.

The front door opens into an entrance hall with a guest WC and a built-in cloakroom wardrobe. Beyond it is the main living space: a kitchen and dining room laid out along the back wall, with a dining table for eight, leading into a living room. Folding glass doors open the living room onto an 11.00 m² terrace with space for a table for four, which in turn leads to the garden.

The layout splits the bedrooms into two wings, which works well for families or for owners sharing the apartment with guests.
On one side of the living room is a master bedroom with a wall of built-in wardrobes, its own bathroom and a window over the garden.
On the other side, a short corridor leads to a second master bedroom with en suite bathroom and dressing area, and a third bedroom with built-in wardrobe and its own bathroom next door, which also houses the washer and dryer. Both of these bedrooms open directly onto a pergola-covered area and the garden.

The 88.88 m² garden runs along the full front of the apartment, below the terrace and bedrooms. Held under exclusive usage rights, it gives the apartment an outdoor area closer to that of a townhouse than a typical apartment, with room for a lawn, planting and outdoor dining.
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.
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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 Lu?tica Bay for family and friends
* Preferential rates for the spa, gym, sports courts, restaurants, shops and yacht moorings
* Access to the Lu?tica Bay rental programme
* Year-round property management, maintenance and landscaping at a preferential charge
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Other Apartments Available in Horizon
H5-03 is currently the only three-bedroom apartment available in Horizon.


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, cafés and shops, and The Chedi Lu?tica 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.
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Location and Distances

On Foot
* Residence infinity pool - on site
* Horizon Clubhouse - next door, ~2 minutes
* Marina Beach and Lungo Mare walkway - ~600 m, ~10 minutes (downhill)
* Marina Village promenade, restaurants and cafés - ~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

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Buyer's Lens

H5-03 is built for families and for owners who host. Three bedrooms in two separate wings, three bathrooms and a guest WC mean nobody queues in the morning and guests have their own side of the apartment. The garden gives children somewhere to play within sight of the terrace, and the Clubhouse, with its pool, gym and kids' club, is next door.

As a holiday home, the Lustica Bay rental programme and year-round property management take care of the apartment between stays, making it a holiday base that needs no thought between visits. For rental, a three-bedroom apartment with two master suites and a private garden serves a part of the market, larger families and groups of friends, that smaller apartments in Horizon cannot.
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Agent's Honest View

This is a ground-floor apartment, and that shapes both its strengths and its trade-offs. The garden, direct outdoor access and the split-bedroom layout are rare in Horizon, but views from Level 0 will be lower and more framed than from the upper floors. The covered terrace itself is modest for a three-bedroom home at 11.00 m²; in practice the garden is where most outdoor time will be spent.
The price sits well above the two-bedroom apartments in Horizon, which reflects its size, the garden and the fact that it is the only three-bedroom currently available. It is off-plan, with delivery planned for June 2029, and the payment schedule spreads the cost well beyond handover.
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Completion and Payment Terms

H5-03 is sold off-plan with delivery planned for June 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.



ntRealty is a Real Estate Agency based in Tivat, Montenegro headed by a British businessman, Peter Flynn, who has lived in the area since 2005 and focused his efforts on various aspects of real estate, including development, architecture, interior design and investing in real estate in the area. The Tivat office is run by a team of professionals who really understand the local market. The team is there to help guide you through the buying (or selling) process and we pride ourselves in giving a high level of service in a polite, friendly and efficient way.

ntRealty specializes in properties for sale all around the Bay of Kotor, Tivat Bay and Lustica and our clients range from Porto Montenegro and Lustica Bay to hundreds of private individuals who put their trust in our operation.

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 0993) 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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