2016 PROGRESS

2016: A Groundbreaking Year

2016 has been a monumental year for Luštica Bay. Not only has the project's development continued swiftly, more of our residents have been settling in and becoming part of our growing community.

New homeowners made the most of “life as it should be”, enjoying a bounteous spring and a long, blissful summer among the olive groves and wildflower meadows of the Luštica peninsula. Immersed in the comfort and privacy of their Adriatic homes, they were able to unwind in the peace and beauty offered by our unique location.  

For those seeking entertainment there was no shortage of activities, with Luštica Bay continuing to carve out its status as a cultural hot spot. A vibrant summer programme attracted residents and visitors from all over the globe. International R&B star Joss Stone and acclaimed classical guitarist Miloš Karadaglić were among an incredible line-up of musical performances, while a roster of artists, photographers and writers exhibited their work throughout the season.

The Luštica Bay Masterplan continued to unfold with our team working tirelessly throughout the year and construction progressing across several key fronts. Structural work on the town’s central marina was completed and preparations began for the first of our seven planned hotels, The Chedi Luštica Bay. Two new residential neighbourhoods are close to completion, with the Lavanda cluster due to be finalised in the coming month and Ruzmarin cluster on track to be handed over to their owners this summer.

2017: Exciting Plans

The new year brings with it new milestones. Work will focus on developing Lustica Bay’s town centre, Centrale, set to be the bustling heart of the community. Part of the primary marina will be operational later this year, and development will commence on our 18 hole, Gary Player designed golf course.

Luštica Bay remains on track to becoming one of the Mediterranean’s most coveted and distinguished destinations, a pinnacle of luxury outdoor living for tourists and residents alike.

On The Sea

As the coastal gateway to Luštica Bay and a hub for town activities, we are excited to report that structural work has been completed on our primary marina. Part of the marina infrastructure is set to be operational by the latter half of 2017, and we are now at the stage of completing the finishing touches. This will see the arrival of pontoons, preparations for the provision of marina services and refining the look and feel of its design.

On The Ground

Our Marina Village is evolving rapidly with two of its major residential areas nearing completion. The Lavanda apartments are undergoing final touches and interior finessing, with pre-handovers already underway and continuing over the course of next month. While the roofs have just been completed on the Ruzmarin buildings, set above the first line of waterfront accommodation in the highly coveted Marina Village area. Commanding sensational views across the cobalt blue waters of the Adriatic, they are due to be finished by the summer.  
With the completion of these apartment areas opening up 89 new residential units, the Marina Village is fast emerging as an in-demand coastal lifestyle hotspot and an exceptional place to call home.
We will also be moving ahead with our other residential offerings which include the Mimosa Townhouses and the final waterfront buildings within the main marina - the Kamelija and Magnolija Residences. Work will also commence on the highly anticipated 5-star luxury hotel and condominium resort, The Chedi Luštica Bay. Strategically set on the marina’s waterfront within the promenade area, it takes full advantage of panoramic sea views.

News & Events

2016 marked a groundbreaking year for Montenegro as an international tourist destination seeing an expansion in the number of international flight connections to the country. 

This places Luštica Bay, which is only ten minutes away from Tivat airport, at the centre of the country’s increasing connectivity with major European cities.

Flight routes include British EasyJet routes from London, Manchester and Geneva; Russia’s Pobeda and Air Azur from Moscow; German Eurowings from Dusseldorf; Fly Dubai from Dubai; Belgian TUIfly from Brussels and Transavia from Paris, all going to Tivat.

Visits

In December, a delegation from the NTO & Ministry of Tourism and Secretariat for Development Projects representatives visited Luštica Bay. 

They met with the CEO of Luštica Bay, Mr Darren Gibson, and the Head of Construction, Eng Nabil Michel, receiving updates on the status of ongoing projects.
“The co-operation will continue,” confirmed Ms Zeljka Radak-Kukavicic, Director of the NTO, adding that, “Luštica Bay is not only the largest investment project but also a significant factor in the development of the tourist offering of Tivat and Montenegro, and the global promoter of the country as a respectable investment and tourist destination”.

Thanks to our ongoing relationship with the NTO’s Press Visit Team a visit was secured in November with two representatives of influential media from the UAE: Social media influencer Talal Al Rashed and Ibrahim Totanji from Dubai’s AlBayan newspaper.

Luštica Bay In The Press

Luštica Bay’s aspirational position among the region’s luxury offerings has seen it receiving attention from local and international media.   

In October, Luštica Bay was included in The Sunday Times in a round-up of the best places to buy property to take advantage of the new airline routes, following the announcement of the EasyJet flights from Gatwick and Manchester to Tivat. 
In December, it was featured on 9fi5th’s luxury real estate publication website in an article on Boka Bay’s hottest luxury lifestyle developments. They described Luštica Bay as “one of the 'largest integrated developments' currently in progress in Montenegro,” and celebrated it as an, “ambitious project that looks set to shape Boka Bay forever”. 
One of the most anticipated changes to Boka Bay will be the opening of the area’s first five-star hotel in 2018, The Chedi Luštica Bay. The hotel’s arrival was highlighted in a Vogue Online feature this month discussing six reasons why Montenegro may be this year’s most tempting travel destination. It declares: “One of the most talked-about openings won’t happen this year, but the suspense of the new Chedi Hotel in Luštica Bay is enough to get people booking as soon as the site opens.”

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