WHY LIVE HERE

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Why Live Here

A Unique Location

LOCATION

Situated in Trašte Bay along the natural pearl Luštica peninsula, Luštica Bay is perfectly positioned between coast and backdrop mountains. Clear air, clean emerald Adriatic seas and unspoilt natural beauty blends the tranquil and the active for a distinct way of life.

ADRIATIC SUN

A home in the sun is guaranteed, with 240 sunny days every year. Temperatures gravitate between 5°C in January and a balmy 28°C in July and August.

DIVERSE CLIMATE

Montenegro’s varied climate means within the same day you can be sunbathing in the south and skiing in the north. It has three main climate zones: Alpine in its highland north, moderate continental in its inland areas and Mediterranean along its coastal belt.

ENCHANTING COASTLINE

Montenegro’s 293km of coastline is as spectacular as it is varied. The emerald blue waters of the Adriatic explore a meandering shoreline of sandy beaches, secluded bays and coves, UNESCO recognisedfjordscapes, old-world fishing villages, Medieval fortress towns and a scattering of islands.

RICH HISTORY

Due to a long and colourful history, Montenegro is country of fascinating tradition, myth and archaeological treasures where Illyrian, Roman, Venetian, Austro-Hungarian and Ottoman architecture collide. A historic tapestry that is particularly compelling in its ancient coastal towns of Kotor and Budva.

ALPINE ADVENTURES

Montenegro’s mountainous north is a land of majestic extremes and a playground for nature-lovers. It promises lofty plateaus, deep gorges, river canyons and glacial lakes, with its highest mountain Durmitor, Bobotov Kuk peak, rising over 2000m.

NATIONAL PARKS

With five outstanding national parks, more than 9% of Montenegro’s land belongs to protected natural reservations. Highlights include Europe’s deepest canyon, Europe’s last virgin forest and a wealth of wildlife, thanks to its biodiversity index which is one of the highest in the world.


An Intelligent Investment

FULLY INTEGRATED TOWN

Luštica Bay will include a wide variety of property offerings, two world-class marinas with mooring and docking facilities, seven hotels and a Gary Player signature, 18-hole championship golf course, not to mention shops, restaurants and cafes, sporting facilities, schools and medical centres to cater to the community it is set out to develop.

EARLY BIRD BENEFIT

Montenegro is an emerging real estate development hotspot. Early buyers will benefit from a low entry price point and price appreciation over time.

LOW TAXES

With a flat-rate income tax and a corporate income tax rate set at 9%, Montenegro’s tax system is one of the most attractive in Europe.

FINANCIAL SECURITY

Buying and selling is carried out using the Euro, limiting currency risk and easing the purchase procedure.

SIMPLE LEGAL FRAMEWORK

Buying and registering property is easy. Foreign investors and Montenegrin citizens are treated equally.

SUSTAINABILITY

A commitment to sustainability combined with the low density development strategy, ensures that environmental responsibility is at the heart of all decision making.

A STRONG PARTNERSHIP

Luštica Bay is a joint venture between renowned Swiss developer, Orascom Development Ltd. (90%), and the government of Montenegro (10%), combining the experience, expertise and insight of both.

STABLE FUTURE

The government of Montenegro has pledged its commitment to the country’s prosperity in economy, tourism and investment.

PEACE OF MIND

Orascom is a leading developer of sustainable, integrated towns across the world with a clear vision: “Life as it should be”. Luštica Bay benefits from the magnitude of Orascom’s experience and the precision of its execution.


Care for the environment

MINIMAL IMPACT

Under 10 % of vast territory of 690 hectare site will be developed, safeguarding the area’s natural beauty and ensuring ample wide open green spaces.

ENVIRONMENTAL PRESERVATION

The development’s low density ensures the unique thumbprint of the indigenous landscape is preserved. Attention is given to conserving the marine environment, protecting native flora and fauna and maintaining historical and archaeological sites.

LANDSCAPE COMPOSITION

Luštica Bay blends into the existing topography and terrain of its surroundings. All plants and trees used are indigenous to the Montenegrin coast and are organically cultivated.

HARMONIOUS ARCHITECTURE

Using local materials, referencing traditional architecture and entwining with the natural patterns of the land and sea, buildings harmoniously express the character and cultural heritage of the region.

GREEN CONSTRUCTION

Green construction methods are utilised to reduce the project’s carbon footprint. Initiatives include the use of regional building materials, water conservation, waste management and energy-saving technologies.

ENERGY EFFICIENCY

All architecture exploits the latest energy-saving methods from cross-ventilation to effective insulation, ensuring buildings slash current regional energy consumption by a third.

RENEWABLE ENERGY

The development strives to make use of renewable energy sources such as solar and wind.

TRANSPORT INITIATIVES

The emphasis is on a pedestrianised network with vehicle-free streets, sidewalks and green trails for ease of getting around. Alternative transport methods and cycling facilities will reduce traffic.

SENSE OF COMMUNITY

Luštica Bay works with local neighbourhoods to create a strong community network for environmental initiatives such as community supported agriculture, a local market and efficient recycling systems.

FUTURE-PROOFED

Environmental care extends far beyond construction, providing a sustainable foundation for future generations.

HOW TO ENQUIRE

To enquire about our apartments, please call or click "Enquire Online" below.
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