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Tivat, Montenegro

€390,000
Lustica Development, Tivat
PROPERTY TYPE

Apartment

BATHROOMS

1

SIZE

40 sq ft

4 sq m

Key features

  • Open plan living and dining areas
  • Spacious balconies and terraces
  • Contemporary fixtures and spacious layouts
  • Internal storage spaces
  • All fitted furniture included

Description

The Heights residential collection offers airy studios, one- to three-bedroom apartments, and penthouse layouts, designed to suit a range of lifestyles, from intimate retreats to full-time homes. Each unit features open-plan living that flows onto balconies or terraces, fitted Nolte kitchens, underfloor-heated bathrooms, wind-free air conditioning, and built-in wardrobes. Interiors are decorated in serene, natural tones, with optional private gardens for ground floors or terraces for upper floors to extend living spaces outdoors. The collection offers access to a shared pool, children's pool, fitness and yoga areas, lush Mediterranean gardens, and secure underground parking, all close to the town centre and golf course.

PROPERTY FEATURES

* Open plan living and dining areas
* Spacious balconies and terraces
* Contemporary fixtures and spacious layouts
* Internal storage spaces
* Custom fitted Nolte kitchens with fully integrated appliances
* All fitted furniture included
* Video enabled automated entry system
* Underfloor heating in bathrooms
* Wind free air conditioning system
* Floor to ceiling wardrobes


NEIGHBOURHOOD
Centrale is Lu?tica Bay's urban core, a lively neighbourhood designed for everyday life. Set at the gateway to the destination, it brings together residential living, retail, dining, sports, and education in one walkable, connected environment. With year-round activity and easy access to the marina and golf course, Centrale is the place where community life happens.
With all residences in Centrale now fully acquired, the neighbourhood welcomes its next chapter: Heights, a refined residential collection nestled between the town centre and Montenegro's first golf course.

A TOWN IN THE MAKING
Lu?tica 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, Lu?tica Bay will offer more than 3,000 apartments and over 300 luxury sea-view villas.


OWNERSHIP MADE EASIER
Lu?tica 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

NEAREST AIRPORTS

Distances are straight line measurements
  • Tivat(International)
    3.2 miles
  • Podgorica(International)
    32.0 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

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