NEW HOME
Lustica, Montenegro
€774,500
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
2
- SIZE
1,042 sq ft
97 sq m
Key features
- Two-bedroom apartment, second floor, Residence 14-7, Centrale, 86.00 m² internal area, 10.83 m² terrace, 96.83 m² total sellable area
- Two double bedrooms at opposite ends of the apartment
- Master bedroom with en suite bathroom and built-in wardrobes
- Second bedroom with built-in wardrobe
- Family bathroom with walk-in shower and space for washing machine
- Open-plan kitchen, dining and living room, Fully fitted kitchen
- Double glass doors from the living room to the terrace
- 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 14-7-21 is a second-floor two-bedroom, two-bathroom apartment in Residence 14-7, Centrale, the town centre of Lustica Bay. It has 86.00 m² of internal space and a 10.83 m² terrace, for a total sellable area of 96.83 m². The price is 774,500 EUR including VAT, with a garage or dedicated parking space included on a long-term lease. It is currently the only two-bedroom apartment 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 14-7-21 is on the second floor at the end of the building and looks over the residence's yard.
The front door opens into a central entrance hall with built-in storage. To one side are the second bedroom, a double with a built-in wardrobe and a window to the rear of the building, and a family bathroom with a walk-in shower, WC, basin and space for the washing machine.
On the other side of the hall, a short passage lined with built-in wardrobes leads to the master bedroom. It has its own en suite bathroom and double glass doors on the same side as the terrace. With the hall between them, the two bedrooms sit at opposite ends of the apartment.
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, and double glass doors open onto the 10.83 m² terrace, which is wide enough for a table and chairs.
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 Lu?tica 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
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 Lu?tica 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
14-7-21 is built for families and for owners who share. Two double bedrooms at opposite ends of the apartment, each with its own bathroom, mean parents and children, or two couples, have their own side of the home. The open-plan living room and terrace bring everyone back together, and the piazza, park, playground and sports courts are a minute or two away.
As a holiday home, it gives room for guests without giving up the convenience of the town centre: 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 two-bedroom, two-bathroom apartment in the town centre serves families and groups of friends, a part of the rental market that studios and one-bedroom apartments cannot. The interest-free payment plan means 116,175 EUR is due on signing, with the balance spread over three years.
Agent's Honest View
The apartment looks over the residence's yard rather than the sea, and the 10.83 m² terrace is the same size as those on the one-bedroom apartments in the building, so it is comfortable for four at a table but not for entertaining a larger group.
Pricing works out at around 8,000 EUR per m² of sellable area, in line with the rest of Centrale, and as the only two-bedroom currently available there is no direct alternative in the neighbourhood to compare it with. 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
14-7-21 is sold off-plan with delivery planned for June 2028. Payment terms are interest-free: 15% on signing the Sales and Purchase Agreement (116,175 EUR), followed by 85% in 12 equal quarterly instalments (approximately 54,860 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 14-7-21 is on the second floor at the end of the building and looks over the residence's yard.
The front door opens into a central entrance hall with built-in storage. To one side are the second bedroom, a double with a built-in wardrobe and a window to the rear of the building, and a family bathroom with a walk-in shower, WC, basin and space for the washing machine.
On the other side of the hall, a short passage lined with built-in wardrobes leads to the master bedroom. It has its own en suite bathroom and double glass doors on the same side as the terrace. With the hall between them, the two bedrooms sit at opposite ends of the apartment.
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, and double glass doors open onto the 10.83 m² terrace, which is wide enough for a table and chairs.
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 Lu?tica 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
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 Lu?tica 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
14-7-21 is built for families and for owners who share. Two double bedrooms at opposite ends of the apartment, each with its own bathroom, mean parents and children, or two couples, have their own side of the home. The open-plan living room and terrace bring everyone back together, and the piazza, park, playground and sports courts are a minute or two away.
As a holiday home, it gives room for guests without giving up the convenience of the town centre: 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 two-bedroom, two-bathroom apartment in the town centre serves families and groups of friends, a part of the rental market that studios and one-bedroom apartments cannot. The interest-free payment plan means 116,175 EUR is due on signing, with the balance spread over three years.
Agent's Honest View
The apartment looks over the residence's yard rather than the sea, and the 10.83 m² terrace is the same size as those on the one-bedroom apartments in the building, so it is comfortable for four at a table but not for entertaining a larger group.
Pricing works out at around 8,000 EUR per m² of sellable area, in line with the rest of Centrale, and as the only two-bedroom currently available there is no direct alternative in the neighbourhood to compare it with. 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
14-7-21 is sold off-plan with delivery planned for June 2028. Payment terms are interest-free: 15% on signing the Sales and Purchase Agreement (116,175 EUR), followed by 85% in 12 equal quarterly instalments (approximately 54,860 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 1001) 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.