About Luštica Bay
Luštica Bay is Montenegro's largest single development—a €1.1 billion resort on the pristine Luštica Peninsula. The project includes a marina, 18-hole golf course (Montenegro's first), Chedi Hotel, and hundreds of luxury residences.
The development offers a self-contained resort lifestyle with beaches, restaurants, spa, and activities without leaving the complex. Yet it's just 15 minutes from Tivat Airport and 25 minutes from Kotor.
Property at Luštica Bay suits buyers seeking new-build quality, resort amenities, and hassle-free rental management. The development offers rental programmes for investors and appeals to golf and sailing enthusiasts.
Why live near Luštica Bay
Montenegro's first 18-hole golf course
Self-contained resort with beaches, spa, and marina
New-build quality with modern amenities
Hassle-free rental management programmes
Pristine peninsula location away from crowds
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Property prices near Luštica Bay
Property at Luštica Bay ranges from €3,500-€6,000/m². One-bedroom apartments start from €180,000, two-bedrooms from €280,000. Villas and premium residences reach €1 million+.
Properties in Tivat
€550/month
Studio Apartment
€750/month
1 Bedroom Apartment
€367,500
2 Bedroom Apartment
€400,000
2 Bedroom Apartment
€800/month
One Bedroom apartment in Marici, Kalimanj, Tivat
€1,000/month
2 Bedroom Apartment
€900/month
2 Bedroom Apartment
€281,500
2 Bedroom Apartment
€235,000
Property in Montenegro, Tivat, Krašići
€370,000
Nekretnine Crna Gora, Tivat
€460,000
Nekretnine Crna Gora, Tivat, Kaluđerovina
€127,400
Nekretnine Crna Gora, Tivat, Bonići
Frequently asked questions
What is Luštica Bay?
Luštica Bay is a €1.1 billion integrated resort development on the Luštica Peninsula near Tivat. It includes the Chedi Hotel, Montenegro's first 18-hole golf course, a 176-berth marina, beach clubs, and over 1,000 planned residences. Development continues through 2030.
Is Luštica Bay finished?
Luštica Bay is partially complete and operational. The hotel, golf course, marina, and several hundred residences are finished. Development continues with new phases, offering opportunities to buy off-plan at better prices.
What are rental returns at Luštica Bay?
Luštica Bay offers managed rental programmes with projected returns of 4-6%. The resort handles marketing, maintenance, and guest services. Returns vary by property type and season, with peak summer demand driving income.
How remote is Luštica Bay?
Despite its peninsula location, Luštica Bay is well-connected: 15 minutes to Tivat Airport, 25 minutes to Kotor, and water taxi to Porto Montenegro. The resort is self-contained with restaurants and services, so remoteness isn't an issue for daily life.
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