NEW HOME
Lustica, Montenegro
€495,000
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
761 sq ft
71 sq m
Key features
- One-bedroom apartment, ground floor, Residence 14-7, Centrale 59.87 m² internal area, 10.83 m² terrace, 70.70 m² total sellable area, 17.90 m² private yard under exclusive usage rights
- Entrance hall with built-in storage
- Double bedroom with built-in wardrobe
- Bathroom with walk-in shower and space for washing machine
- Open-plan kitchen, dining and living room, fully equipped kitchen
- Double glass doors from the living room to the terrace and yard
- All fitted furniture included
- 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 14-7-01 is a ground-floor one-bedroom apartment in Residence 14-7, Centrale, the town centre of Lustica Bay. It has 59.87 m² of internal space and a 10.83 m² terrace, for a total sellable area of 70.70 m², plus a 17.90 m² private yard held under exclusive usage rights. The price is 495,000 EUR including VAT, with a garage or dedicated parking space included on a long-term lease. It is the lowest-priced and the largest one-bedroom 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 14-7-01 is on the ground floor at the end of the building and looks over its own terrace and yard.
The front door opens into an entrance hall with built-in storage, with the bedroom on one side and the bathroom on the other. The bathroom has a walk-in shower, WC, basin and space for the washing machine. The bedroom takes a double bed, with a built-in wardrobe along one wall and a window to the rear of the building.
From the hall, the main room runs the full depth of the apartment. The kitchen is laid out in an L along the wall with a hob, sink, dishwasher and fridge, next to a dining table for four. Beyond it, the living room has space for a sofa, two armchairs and a media unit.
Double glass doors open from the living room onto the 10.83 m² terrace, which is wide enough for a table and chairs. The terrace leads straight down to the 17.90 m² yard, so the apartment has two outdoor areas in a row: a covered space for eating outside and an open one for planting or loungers.
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 One-Bedroom Apartments Available in Centrale
14-7-01 is the largest and lowest-priced one-bedroom apartment currently available in Centrale, and the only one with a private yard. The following one-bedroom apartments are also available off-plan. All prices include VAT.
* 14-7-13A - one bedroom - internal 52.98 m², terrace 10.90 m², total sellable 63.88 m² - 518,000 EUR - yard view - delivery June 2028
* 14-7-11 - one bedroom - internal 52.98 m², terrace 10.90 m², total sellable 63.98 m² - 543,000 EUR - yard view - delivery June 2028
* 14-1-32A - one bedroom - internal 56.63 m², terrace 8.07 m², total sellable 64.70 m² - 557,000 EUR - partial sea 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 EUR1.5 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
14-7-01 gives more for less than any other one-bedroom in Centrale. It has the most internal space, the only private yard and the lowest price, which works out at around EUR 7,000 per m² of sellable area against roughly EUR 8,100 to EUR 8,600 for the other one-bedroom apartments.
As a holiday home, it suits a couple who want town-centre convenience with outdoor space of their own: breakfast on the terrace, the yard for planting or a pair of loungers, coffee on the piazza a minute away, and the marina and The Chedi a five-minute drive or a short shuttle ride away. Ground-floor living means no stairs with shopping or luggage. 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 one-bedroom with a terrace and yard in the town centre suits both short-stay guests and longer lets to people working in the resort. The interest-free payment plan means EUR 74,250 is due on signing, with the balance spread over three years.
Agent's Honest View
This is a ground-floor apartment, and that shapes both its strengths and its trade-offs. The yard and direct outdoor access are what set it apart, but the outlook is over the yard and residence gardens rather than the sea, and ground-floor rooms are more exposed to passers-by than those on upper floors. Buyers who want a sea view should look at 14-1-32A, which has a partial sea view at a higher price.
It has one bathroom and no separate guest WC, which is usual for a one-bedroom but worth noting for owners who expect to host. 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. It is off-plan, with delivery planned for June 2028.
Completion and Payment Terms
14-7-01 is sold off-plan with delivery planned for June 2028. Payment terms are interest-free: 15% on signing the Sales and Purchase Agreement (74,250 EUR), followed by 85% in 12 equal quarterly instalments (approximately 35,063 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 14-7-01 is on the ground floor at the end of the building and looks over its own terrace and yard.
The front door opens into an entrance hall with built-in storage, with the bedroom on one side and the bathroom on the other. The bathroom has a walk-in shower, WC, basin and space for the washing machine. The bedroom takes a double bed, with a built-in wardrobe along one wall and a window to the rear of the building.
From the hall, the main room runs the full depth of the apartment. The kitchen is laid out in an L along the wall with a hob, sink, dishwasher and fridge, next to a dining table for four. Beyond it, the living room has space for a sofa, two armchairs and a media unit.
Double glass doors open from the living room onto the 10.83 m² terrace, which is wide enough for a table and chairs. The terrace leads straight down to the 17.90 m² yard, so the apartment has two outdoor areas in a row: a covered space for eating outside and an open one for planting or loungers.
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 One-Bedroom Apartments Available in Centrale
14-7-01 is the largest and lowest-priced one-bedroom apartment currently available in Centrale, and the only one with a private yard. The following one-bedroom apartments are also available off-plan. All prices include VAT.
* 14-7-13A - one bedroom - internal 52.98 m², terrace 10.90 m², total sellable 63.88 m² - 518,000 EUR - yard view - delivery June 2028
* 14-7-11 - one bedroom - internal 52.98 m², terrace 10.90 m², total sellable 63.98 m² - 543,000 EUR - yard view - delivery June 2028
* 14-1-32A - one bedroom - internal 56.63 m², terrace 8.07 m², total sellable 64.70 m² - 557,000 EUR - partial sea 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 EUR1.5 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
14-7-01 gives more for less than any other one-bedroom in Centrale. It has the most internal space, the only private yard and the lowest price, which works out at around EUR 7,000 per m² of sellable area against roughly EUR 8,100 to EUR 8,600 for the other one-bedroom apartments.
As a holiday home, it suits a couple who want town-centre convenience with outdoor space of their own: breakfast on the terrace, the yard for planting or a pair of loungers, coffee on the piazza a minute away, and the marina and The Chedi a five-minute drive or a short shuttle ride away. Ground-floor living means no stairs with shopping or luggage. 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 one-bedroom with a terrace and yard in the town centre suits both short-stay guests and longer lets to people working in the resort. The interest-free payment plan means EUR 74,250 is due on signing, with the balance spread over three years.
Agent's Honest View
This is a ground-floor apartment, and that shapes both its strengths and its trade-offs. The yard and direct outdoor access are what set it apart, but the outlook is over the yard and residence gardens rather than the sea, and ground-floor rooms are more exposed to passers-by than those on upper floors. Buyers who want a sea view should look at 14-1-32A, which has a partial sea view at a higher price.
It has one bathroom and no separate guest WC, which is usual for a one-bedroom but worth noting for owners who expect to host. 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. It is off-plan, with delivery planned for June 2028.
Completion and Payment Terms
14-7-01 is sold off-plan with delivery planned for June 2028. Payment terms are interest-free: 15% on signing the Sales and Purchase Agreement (74,250 EUR), followed by 85% in 12 equal quarterly instalments (approximately 35,063 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)3.0 miles
- Podgorica(International)31.9 miles
Notes
These notes are private, only you can see them.
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