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Tivat, Montenegro

€2,187,000
Lustica Development, Tivat
PROPERTY TYPE

Town House

BEDROOMS

3

BATHROOMS

3

SIZE

187 sq ft

17 sq m

Key features

  • Prime location overlooking the golf course's 5th hole and the Adriatic Sea, with very few neighbours
  • Elegantly arranged over two floors with distinct social and private areas
  • Open-plan living and dining area with a striking double-height ceiling and fireplace
  • Premium ceramic tiles throughout, with electric underfloor heating in bathrooms
  • Private landscaped gardens thoughtfully integrated into the natural terrain, featuring green roof terraces with direct access from the top-floor master bedrooms

Description

Set directly on Montenegro's only 18-hole championship golf course, this limited collection of 3-bedroom townhouses offers front-row views over the 5th hole and the UNESCO-listed Boka Bay beyond. Ranging from 184 to 205 m², each residence blends the privacy and exclusivity of a villa at an unparalleled value. Thoughtfully arranged across two levels, the homes feature open-plan interiors, floor-to-ceiling windows, private pools, and outdoor terraces ideal for al fresco dining. Interior finishes include Poliform kitchens with Miele appliances, underfloor heating, built-in wardrobes, and ensuite bedrooms, all crafted to balance functionality with refined aesthetics.

PROPERTY FEATURES
* Prime location overlooking the golf course's 5th hole and the Adriatic Sea, with very few neighbours
* Elegantly arranged over two floors with distinct social and private areas
* Open-plan living and dining area with a striking double-height ceiling and fireplace
* Nolte kitchen - or similar international brand - equipped with Miele appliances
* Premium ceramic tiles throughout, with electric underfloor heating in bathrooms
* Private landscaped gardens thoughtfully integrated into the natural terrain, featuring green roof terraces with direct access from the top-floor master bedrooms
* Private swimming pool with traditional terrace, year-round alfresco dining beneath a pergola, and optional summer kitchen upgrade
* Private and public parking, with optional EV charging upgrade

NEIGHBOURHOOD
The Peaks is Luštica Bay's most prestigious neighbourhood to date, featuring a limited collection of villas, townhouses, and apartments gently carved into the rugged topography of the natural landscape.
These residences are set alongside Montenegro's upcoming 18-hole championship golf course, signature design by sporting legend Gary Player. The course will join an elite group of under 10% of the world's golf courses to offer a sea view from every hole, and is designed for players of all levels, destined to become a must-play for golf enthusiasts worldwide.

A TOWN IN THE MAKING
Luštica Bay is a fully integrated coastal town in Montenegro, set on 690 hectares of untouched Adriatic waterfront and developed by Swiss-based Orascom Development Holding. Home to more than 700 families from over 50 nationalities, it offers an exceptional lifestyle in a secure, low-density environment.
The destination features a world-class marina, five beaches, The Chedi 5* hotel, sports courts, hiking trails, and retail spaces across two neighbourhoods. Future phases will include an 18-hole Gary Player-designed golf course, an additional marina with a port of entry, a total of seven hotels, and an international school. Upon completion, Luštica Bay will offer more than 3,000 apartments and over 300 luxury sea-view villas.

OWNERSHIP MADE EASIER
Luštica Bay offers a structured payment plan to support easier ownership.
The plan begins with a 20% down payment, followed by 50% in quarterly instalments during construction, and 30% in interest-free quarterly payments after handover. The property is available for immediate move-in or rental upon handover, with full ownership transferred upon final payment.

Tivat, Montenegro

Open map

NEAREST AIRPORTS

Distances are straight line measurements
  • Tivat(International)
    3.2 miles
  • Podgorica(International)
    31.9 miles

About Lustica Development, Tivat

Luštica Development AD was founded in 2008 as a joint venture between Orascom Development Ltd. (90%) and the Government of Montenegro (10%). As a subsidiary of Swiss Orascom Development, Luštica Development AD is the national project company responsible for developing, building and operating Luštica Bay and will remain a local partner for generations. Its guiding principle is to create a vibrant and prosperous Montenegro through intelligent development of the land using environmentally sound methods.

 

The project site is an inspiring, wonderfully secluded area along the Luštica peninsula, where rolling hills cascade down to an idyllic coastline. Its 690-hectares will be sensitively developed into a fully-integrated, new town in Montenegro with a state-of-the-art infrastructure. It will mark the biggest investment in Montenegro yet (1.1 billion Euros) and after completion will host a few thousand residents, more than 1000 apartments, more than 500 villas and townhouses, seven hotels, two marinas, a signature 18-hole golf course and a range of public facilities including a school and medical facility.

This is no ordinary large scale development. Luštica Development AD has an outstanding reputation for its dedication to preserving the nature, culture and architectural integrity of Montenegro. Development will work sensitively and sustainably with the land, protecting its natural richness, embodying the style and spirit of the local people and leaving a lasting social and economic impact on the area.

VISION

To create a vibrant, inclusive and sustainable year-round resort town, attracting regional and international renown for its value proposition, high quality natural and built environments, diverse offerings and experiences, relaxed lifestyle and strong sense of community.

MISSION

To develop and manage the Lustica Bay project to realize the company’s vision, to enhance its reputation as a reliable partner and to deliver sound financial performance to its shareholders

AWARDS AND ACCOMPLISHMENTS

• 2022 - European Property Award for The Best mixed-use

development Montenegro

• 2019 - European Property Award for The Best Residential

Development for Montenegro

• 2019 - European Property Award for The Best Developer Website

for Montenegro

• 2019 - European Property Award Nominee for The Best Developer

Website for Europe

• 2019 - Eastern European Real Estate Awards for The Best Resort

Project of the year

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Lustica Development, Tivat (reference TH7B) 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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