NEW HOME
Lustica, Montenegro
€244,000
- PROPERTY TYPE
Studio
- BATHROOMS
1
- SIZE
320 sq ft
30 sq m
Key features
- Studio apartment, first floor, Residence 14-7, Centrale
- 26.46 m² internal area, 2.23 m² balcony, 28.69 m² total sellable area
- Bathroom with walk-in shower and space for washing machine
- Fully equipped kitchen with hob, sink, dishwasher and fridge
- Dining area for four and living area with sofa bed in one open-plan room
- Double glass doors to a full-width balcony
- All fitted furniture included, built-in wardrobes and internal storage
- Garage or dedicated parking space on a long-term lease
- Access to two adult pools and one children's pool
- 24/7 customer service and security
Description
Apartment 14-7-13 is a first-floor studio in Residence 14-7, Centrale, the town centre of Lustica Bay. It has 26.46 m² of internal space and a 2.23 m² balcony, for a total sellable area of 28.69 m². The price is 244,000 EUR including VAT, with a garage or dedicated parking space included on a long-term lease. It is the lowest-priced apartment currently available in Centrale. Off-plan, with delivery planned for June 2028.
Centrale is the town centre of Lustica Bay and the neighbourhood that links all the others. It is built around a piazza with cafés, a pub, a beauty bar, shops and the recently opened Hotel Centrale, and it carries the everyday services the rest of the resort relies on: a medical and dental centre, a fire station, a bank and dedicated parking. Tennis, padel, basketball and beach volleyball courts sit alongside a landscaped park with a playground and outdoor gym. An international school and a police station are planned.
Residence 14-7 sits on the eastern side of Centrale, a short walk from the piazza. The building follows the Lustica Bay vernacular: a stone base, rendered upper floors in warm terracotta and plaster tones, dark blue shutters and arched loggias. Apartment 14-7-13 is on the first floor and looks over the residence's yard.
The front door opens into a short hallway with the bathroom to one side. The bathroom has a walk-in shower, WC, basin and space for the washing machine. Beyond it, the kitchen runs along one wall with a hob, sink, dishwasher and fridge, facing a dining table for four. The living area takes the rest of the room, with a sofa bed along one wall and built-in storage and wardrobes along the other.
Double glass doors at the end of the room open onto a 2.23 m² balcony running the full width of the apartment, enough to stand out with a coffee or keep a couple of plants.
All fitted furniture is included, along with a fully equipped kitchen and internal storage, so the apartment is ready to use or rent from handover. A garage or dedicated parking space is included on a long-term lease.
Centrale Homeowner Benefits
* Access to Lustica Bay beach, with priority reservations at other beaches within the resort
* Shuttle service to Marina Village
* 24/7 customer service and security
* Access to the rental pool managed by Lustica Bay's Property Rental Service
* Discounted rates at The Chedi Lustica Bay
* Access to invitation-only events
* Year-round property management, maintenance and landscaping at a preferential charge
Other Studios Available in Centrale
* 14-7-13 is the smallest and lowest-priced studio currently available in Centrale. For buyers who want more space, the following studios are also available off-plan. All prices include VAT.
* 14-4-13 - studio - internal 33.34 m², terrace 5.81 m², total sellable 39.15 m² - 333,000 EUR - yard view - delivery June 2028
* 14-2-24 - studio - internal 32.35 m², terrace 9.50 m², total sellable 41.85 m² - 356,000 EUR - fortress view - delivery December 2027
* 14-2-31 - studio - internal 32.35 m², terrace 9.46 m², total sellable 41.81 m² - 360,000 EUR - partial sea view - delivery December 2027
* 14-2-34 - studio - internal 32.35 m², terrace 9.49 m², total sellable 41.84 m² - 360,000 EUR - partial sea view - delivery December 2027
* 14-2-24A - studio - internal 49.12 m² - 418,000 EUR - fortress view - delivery December 2027
* 14-2-31A - studio - internal 49.12 m² - 428,000 EUR - partial sea view - delivery December 2027
* 14-2-34A - studio - internal 49.12 m² - 428,000 EUR - yard view - delivery December 2027
Lustica Bay Lifestyle and Amenities
Lustica Bay is a planned coastal town on the Lustica peninsula, developed by Orascom Development. At around ?1.5 billion it is one of the largest investment projects in South-Eastern Europe and the first and largest greenfield development in Montenegro. The site covers 690 hectares, of which neighbourhoods will occupy only 10%, with the rest kept as green space and native planting.
Today the resort is around ten percent through its development plan. Already in place are more than 450 apartments, villas and townhouses, the Lustica Bay Marina with 115 berths, two hotels including The Chedi Lustica Bay, five beaches and three sea lounges, and the 1.8 km Lungo Mare coastal path from The Chedi Beach to Almara Beach Club. The golf course has three playable holes, a driving range and The ClubHouse, and there are two kids' clubs, an ambulance, dental surgery and fire department.
On completion, Lustica Bay is planned to have more than 3,000 apartments, over 300 sea-view villas, seven hotels and more than 6,000 residents. Plans include the Gary Player Signature 18-hole golf course, a second marina with a fuel station and Port of Entry bringing total capacity to 220 berths, a 4.9 km Lungo Mare along the whole coastline, a school, spa and wellness facilities, a sports village with swimming pool, and a commercial centre.
New-build purchases in Lustica Bay carry no transfer tax (VAT is included in the price), payment plans run interest-free for up to five years, and properties can join the resort rental programme from handover.
Location and Distances
Distances and times are calculated from the residence by the route network (walking and driving), not as the crow flies. Driving times are for normal traffic and will be longer in peak summer.
On Foot
* Piazza Centrale and Hotel Centrale - ~50 m, ~1 minute
* Medical centre - ~650 m, ~9 minutes
* Voli supermarket - ~700 m, ~9 minutes
* Almara Beach - ~2 km, ~27 minutes
By Car
* Marina Village and The Chedi Lustica Bay - ~1.5 km, ~5 minutes
* Almara Beach Club - ~2.1 km, ~5 minutes
* Kotor Old Town - ~12 km, ~20 minutes
* Tivat and Porto Montenegro - ~15 km, ~22 minutes
* Budva - ~25 km, ~35 minutes
Airports
* Tivat Airport - ~11 km, ~15 minutes
* Dubrovnik Airport - ~63 km, ~1 hour 30 minutes, via the Kamenari-Lepetane ferry, plus border crossing
* Podgorica Airport - ~87 km, ~1 hour 55 minutes
Buyer's Lens
14-7-13 is the most affordable way into Lustica Bay. For around a quarter of a million euros, an owner gets a fully furnished apartment in the resort's town centre, with parking, pool access, beach access and the full set of homeowner benefits that come with properties several times the price.
As a holiday home, it suits a couple or a single owner who wants to be in the middle of things: coffee on the piazza in the morning, tennis or padel a few minutes away, and the marina and The Chedi a five-minute drive or a short shuttle ride away. The rental programme and year-round property management look after the apartment between visits, making it a holiday base that needs no thought between stays.
As an investment, a furnished studio in the town centre is the kind of unit that rents easily, both to short-stay visitors and to people working in the resort. The interest-free payment plan means only ?36,600 is due on signing, with the balance spread over three years.
Agent's Honest View
This is a compact apartment. At 26.46 m² internal, it works best for one or two people, and the 2.23 m² balcony is a place to step out rather than to sit down for a meal. It looks over the residence's yard rather than the sea; buyers who want a sea view or a proper terrace should look at the larger studios listed above.
Centrale is the lively part of Lustica Bay, which is its appeal, but it also means more activity and sound in summer than the quieter residential neighbourhoods. Pricing across the Centrale studios works out at roughly ?8,500 per m² of sellable area, so 14-7-13 is not cheaper per metre than its neighbours, simply smaller. It is off-plan, with delivery planned for June 2028.
Completion and Payment Terms
14-7-13 is sold off-plan with delivery planned for June 2028. Payment terms are interest-free: 15% on signing the Sales and Purchase Agreement (36,600 EUR), followed by 85% in 12 equal quarterly instalments (approximately 17,283 EUR each).
Contact us to schedule the viewing!
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.
Centrale is the town centre of Lustica Bay and the neighbourhood that links all the others. It is built around a piazza with cafés, a pub, a beauty bar, shops and the recently opened Hotel Centrale, and it carries the everyday services the rest of the resort relies on: a medical and dental centre, a fire station, a bank and dedicated parking. Tennis, padel, basketball and beach volleyball courts sit alongside a landscaped park with a playground and outdoor gym. An international school and a police station are planned.
Residence 14-7 sits on the eastern side of Centrale, a short walk from the piazza. The building follows the Lustica Bay vernacular: a stone base, rendered upper floors in warm terracotta and plaster tones, dark blue shutters and arched loggias. Apartment 14-7-13 is on the first floor and looks over the residence's yard.
The front door opens into a short hallway with the bathroom to one side. The bathroom has a walk-in shower, WC, basin and space for the washing machine. Beyond it, the kitchen runs along one wall with a hob, sink, dishwasher and fridge, facing a dining table for four. The living area takes the rest of the room, with a sofa bed along one wall and built-in storage and wardrobes along the other.
Double glass doors at the end of the room open onto a 2.23 m² balcony running the full width of the apartment, enough to stand out with a coffee or keep a couple of plants.
All fitted furniture is included, along with a fully equipped kitchen and internal storage, so the apartment is ready to use or rent from handover. A garage or dedicated parking space is included on a long-term lease.
Centrale Homeowner Benefits
* Access to Lustica Bay beach, with priority reservations at other beaches within the resort
* Shuttle service to Marina Village
* 24/7 customer service and security
* Access to the rental pool managed by Lustica Bay's Property Rental Service
* Discounted rates at The Chedi Lustica Bay
* Access to invitation-only events
* Year-round property management, maintenance and landscaping at a preferential charge
Other Studios Available in Centrale
* 14-7-13 is the smallest and lowest-priced studio currently available in Centrale. For buyers who want more space, the following studios are also available off-plan. All prices include VAT.
* 14-4-13 - studio - internal 33.34 m², terrace 5.81 m², total sellable 39.15 m² - 333,000 EUR - yard view - delivery June 2028
* 14-2-24 - studio - internal 32.35 m², terrace 9.50 m², total sellable 41.85 m² - 356,000 EUR - fortress view - delivery December 2027
* 14-2-31 - studio - internal 32.35 m², terrace 9.46 m², total sellable 41.81 m² - 360,000 EUR - partial sea view - delivery December 2027
* 14-2-34 - studio - internal 32.35 m², terrace 9.49 m², total sellable 41.84 m² - 360,000 EUR - partial sea view - delivery December 2027
* 14-2-24A - studio - internal 49.12 m² - 418,000 EUR - fortress view - delivery December 2027
* 14-2-31A - studio - internal 49.12 m² - 428,000 EUR - partial sea view - delivery December 2027
* 14-2-34A - studio - internal 49.12 m² - 428,000 EUR - yard view - delivery December 2027
Lustica Bay Lifestyle and Amenities
Lustica Bay is a planned coastal town on the Lustica peninsula, developed by Orascom Development. At around ?1.5 billion it is one of the largest investment projects in South-Eastern Europe and the first and largest greenfield development in Montenegro. The site covers 690 hectares, of which neighbourhoods will occupy only 10%, with the rest kept as green space and native planting.
Today the resort is around ten percent through its development plan. Already in place are more than 450 apartments, villas and townhouses, the Lustica Bay Marina with 115 berths, two hotels including The Chedi Lustica Bay, five beaches and three sea lounges, and the 1.8 km Lungo Mare coastal path from The Chedi Beach to Almara Beach Club. The golf course has three playable holes, a driving range and The ClubHouse, and there are two kids' clubs, an ambulance, dental surgery and fire department.
On completion, Lustica Bay is planned to have more than 3,000 apartments, over 300 sea-view villas, seven hotels and more than 6,000 residents. Plans include the Gary Player Signature 18-hole golf course, a second marina with a fuel station and Port of Entry bringing total capacity to 220 berths, a 4.9 km Lungo Mare along the whole coastline, a school, spa and wellness facilities, a sports village with swimming pool, and a commercial centre.
New-build purchases in Lustica Bay carry no transfer tax (VAT is included in the price), payment plans run interest-free for up to five years, and properties can join the resort rental programme from handover.
Location and Distances
Distances and times are calculated from the residence by the route network (walking and driving), not as the crow flies. Driving times are for normal traffic and will be longer in peak summer.
On Foot
* Piazza Centrale and Hotel Centrale - ~50 m, ~1 minute
* Medical centre - ~650 m, ~9 minutes
* Voli supermarket - ~700 m, ~9 minutes
* Almara Beach - ~2 km, ~27 minutes
By Car
* Marina Village and The Chedi Lustica Bay - ~1.5 km, ~5 minutes
* Almara Beach Club - ~2.1 km, ~5 minutes
* Kotor Old Town - ~12 km, ~20 minutes
* Tivat and Porto Montenegro - ~15 km, ~22 minutes
* Budva - ~25 km, ~35 minutes
Airports
* Tivat Airport - ~11 km, ~15 minutes
* Dubrovnik Airport - ~63 km, ~1 hour 30 minutes, via the Kamenari-Lepetane ferry, plus border crossing
* Podgorica Airport - ~87 km, ~1 hour 55 minutes
Buyer's Lens
14-7-13 is the most affordable way into Lustica Bay. For around a quarter of a million euros, an owner gets a fully furnished apartment in the resort's town centre, with parking, pool access, beach access and the full set of homeowner benefits that come with properties several times the price.
As a holiday home, it suits a couple or a single owner who wants to be in the middle of things: coffee on the piazza in the morning, tennis or padel a few minutes away, and the marina and The Chedi a five-minute drive or a short shuttle ride away. The rental programme and year-round property management look after the apartment between visits, making it a holiday base that needs no thought between stays.
As an investment, a furnished studio in the town centre is the kind of unit that rents easily, both to short-stay visitors and to people working in the resort. The interest-free payment plan means only ?36,600 is due on signing, with the balance spread over three years.
Agent's Honest View
This is a compact apartment. At 26.46 m² internal, it works best for one or two people, and the 2.23 m² balcony is a place to step out rather than to sit down for a meal. It looks over the residence's yard rather than the sea; buyers who want a sea view or a proper terrace should look at the larger studios listed above.
Centrale is the lively part of Lustica Bay, which is its appeal, but it also means more activity and sound in summer than the quieter residential neighbourhoods. Pricing across the Centrale studios works out at roughly ?8,500 per m² of sellable area, so 14-7-13 is not cheaper per metre than its neighbours, simply smaller. It is off-plan, with delivery planned for June 2028.
Completion and Payment Terms
14-7-13 is sold off-plan with delivery planned for June 2028. Payment terms are interest-free: 15% on signing the Sales and Purchase Agreement (36,600 EUR), followed by 85% in 12 equal quarterly instalments (approximately 17,283 EUR each).
Contact us to schedule the viewing!
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
NEAREST AIRPORTS
Distances are straight line measurements- Tivat(International)2.9 miles
- Podgorica(International)31.7 miles
Notes
These notes are private, only you can see them.
This is a property advertisement provided and maintained by ntRealty, Tivat (reference 0999) 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.