

Luštica Bay, Montenegro
A refined hillside enclave set amongst olive trees and lavender paths - from studios to three-bedroom penthouses with panoramic golf course and sea views.
Location
Luštica Bay, Tivat
Type
Apartments
Collection
Heights
Bedrooms
Studio to 3
Tivat Airport
12 km / 15 min
Golf Course
18-hole Gary Player
Status
Off-plan
Delivery
December 2027
DEVELOPER
Orascom Development Holding
Swiss-listed, €1.5B total investment in Luštica Bay
GOLF COURSE DESIGNER
Gary Player Design
Legendary firm behind 400+ courses worldwide
NEIGHBOURHOOD
The Peaks
Montenegro's first residential golf community
RESORT OPERATOR
Luštica Bay Management
Year-round services incl. rental programme, concierge, maintenance
Heights offers the most accessible price point in Luštica Bay's premium golf neighbourhood - studios from €390,000, one-beds from €506,000, opening the door to a resort that commands €6,700+/m² on average.
Every Heights unit looks across the Gary Player golf course toward the sea. The elevated hillside setting ensures unobstructed sightlines that lower-lying neighbourhoods cannot offer.
Luštica Bay's professional rental management programme and growing year-round tourism drive strong seasonal returns. Studios and one-beds are particularly attractive for short-term rental income.
One of Europe's lowest annual property tax rates. Developer-sold units are exempt from transfer tax on first purchase.
Pre-EU pricing combined with strengthening legal frameworks. Investors are positioned before the price convergence that EU membership typically brings.
Contact for current unit-level pricing and availability. Sizes shown are based on developer floor plans.
| Unit Type | Area | Price From | Total Units | Availability |
|---|---|---|---|---|
| Studio | 45 m² | €390,000 | 1 | Available |
| 1-Bedroom | 62 – 67 m² | €506,000 – €567,000 | 4 | Available |
| 2-Bedroom | 92 – 93 m² | €716,000 – €753,000 | 5 | Available |
| 3-Bedroom | 108 – 183 m² | €862,000 – €1,591,000 | 4 | Available |
Heights offers 14 hillside residences at Luštica Bay, with unit types ranging from a studio to three-bedroom apartments. All units delivering Dec 2027. Contact for current pricing and availability.
Luštica Bay offers a professional rental management programme for Heights owners. Services include marketing and listing on booking platforms, guest communication and reception, housekeeping and maintenance, and full financial and occupancy reporting. Studios and one-bedroom units are particularly well-suited for short-term rental, benefiting from strong seasonal demand and manageable running costs.
Heights sits above Montenegro's first 18-hole championship golf course, designed by the legendary Gary Player Design firm. Set across 86 hectares between Boka Bay and the Adriatic, the course features picturesque vistas in every direction. Each hole has been thoughtfully crafted to maximise the beauty of the natural landscape while maintaining an ecological approach.
Gary Player Design is renowned worldwide for creating courses that blend seamlessly with their surroundings. The Luštica Bay course follows this philosophy, with indigenous Mediterranean planting, natural stone, and terrain that works with the peninsula's contours rather than against them.
Heights residents enjoy an elevated vantage point above the fairways, with many units offering direct views of the course stretching toward the coast. The proximity to the clubhouse and driving range makes Heights an ideal base for golf enthusiasts who want to step out and play.
Heights is designed as a refined hillside enclave set amongst olive trees and lavender paths. Traditional Adriatic architecture - natural stone, warm timber, and terracotta accents - evokes the heritage of the region's coastal villages while the interiors are thoroughly contemporary.
The neighbourhood features landscaped communal gardens, gathering points, and a central plaza that foster a sense of community. Walking trails wind through the hillside, connecting Heights to the golf course below and to Centrale's services above. The design prioritises privacy without isolation - each residence feels secluded while remaining part of a connected, year-round community.
Heights occupies an elevated hillside position within The Peaks neighbourhood, overlooking the Gary Player golf course with views reaching across the Adriatic Sea and Boka Bay. The setting combines the privacy and tranquillity of a hilltop retreat with convenient access to Luštica Bay's full range of amenities.
Tivat Airport
12 km / 15 min
Kotor (UNESCO)
12 km / 20 min
Dubrovnik Airport
62 km / 1 hr
Podgorica Airport
92 km / 1.5 hr
Within Luštica Bay, Heights is a short drive from Centrale (the town centre with restaurants, shops, and a medical clinic) and Marina Village (the waterfront promenade home to The Chedi five-star hotel, a 115-berth marina, and five beach clubs). The resort's planned 4.9 km Lungo Mare coastal path will connect all neighbourhoods on foot.
An entry into Luštica Bay's resort lifestyle from €390K. Ideal for those seeking a holiday home with rental income potential in one of Europe's fastest-growing coastal markets.
Strong short-term rental yields from studios and 1-beds, professional management, pre-EU pricing, and Europe's lowest property tax. A hands-off income asset.
Wake up above the fairways. Heights combines golf-course living with five-star resort amenities, beach clubs, and the vibrant Marina Village waterfront.
Construction timelines are estimates and subject to change. Delivery dates shown reflect developer projections as of February 2026.
Rental projections are based on market assumptions and historical data. Past performance does not guarantee future returns.
Buyers should seek independent legal, tax, and financial advice before committing to any purchase. Prices include VAT as of the date shown.
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Request the current availability sheet or chat with me on WhatsApp - I will be in touch within minutes.
Ana Pajkovic - Authorized sales partner for Luštica Bay
anapajkovic.com
Starting from
€390,000
Studio with Private Yard
Starting from
€390,000