Nestled in a spectacular setting overlooking the Adriatic Sea, the lush landscape of Montenegro’s first championship golf course and, from its elevated position, the Bay of Kotor, the newest residential collection at Luštica Bay truly lives up to its reputation as an oasis.
Located within The Peaks, Luštica Bay’s most prestigious neighbourhood, which is developing around an 18-hole championship golf course, this new address is an ideal choice for those seeking panoramic sea views, privacy and an immediate connection with nature. Positioned at the entrance to the golf community and just moments from The Clubhouse, the residences are surrounded by carefully landscaped Mediterranean gardens featuring native plants, stone-paved walkways and tranquil water features.
At the heart of the development is Luštica Bay’s largest swimming pool, spanning 400 m² and surrounded by spacious two-level sun terraces designed to provide the perfect balance of sunshine and natural shade. A second, more intimate 90 m² pool offers a peaceful retreat, while a traditional Montenegrin guvno serves as an authentic gathering space, celebrating the country’s architectural heritage.
Residences Inspired by Sea Views and the Landscape
The collection comprises 48 residences arranged across three low-rise residential buildings, with only 18 units currently available for purchase. Every residence includes a private garage parking space, while particular emphasis has been placed on seamlessly connecting indoor living spaces with gardens, balconies and terraces.
Ground-floor apartments feature private gardens that naturally extend the living space, while residences on the upper floors boast generous balconies offering the rare privilege of enjoying views of the Adriatic horizon on one side and one of the world’s most beautiful bays on the other.
The interiors reflect Luštica Bay’s signature design philosophy, characterised by open-plan layouts, abundant natural light and carefully selected materials inspired by the Mediterranean surroundings.
The residences offer a high standard of living through thoughtfully designed open-plan interiors that combine functionality with contemporary design. Apartments feature Nolte kitchens equipped with Miele appliances, built-in wardrobes, underfloor heating in bathrooms, walk-in showers, modern air-conditioning systems and fibre-optic internet, while each residence also includes a practical storage room. Buyers may also choose premium fitted furniture packages and bespoke interior design services.
The collection includes one-bedroom apartments ranging from 85 to 87 m², priced from €665,000; two-bedroom residences from 92 to 119 m², starting at €1,055,500; and three-bedroom residences from 129 to 141 m², priced from €1,418,500. Four exclusive penthouses, ranging from 147 to 178 m², are also available, with the option of installing private plunge pools.
Living Along Montenegro’s First Championship Golf Course
The Peaks is centred around Montenegro’s first 18-hole championship golf course, designed by golfing legend Gary Player. Once completed, it will become one of the very few golf courses in the world to offer sea views from every hole.
Three holes are already operational, while the phased development foresees the opening of a playable nine-hole course during this calendar year. Completion of the full championship course is planned between 2028 and 2029.
Residents enjoy direct access to the fully operational The Clubhouse, which has quickly established itself as an inviting social hub. It offers a restaurant, golf simulator, professional golf shop and training facilities. Future phases of development will include an additional clubhouse, a boutique hotel and a dedicated golf hotel.
Luštica Bay – A Development in Harmony with Nature
The new residential collection forms part of the broader vision for The Peaks and Luštica Bay, the new coastal town already home to more than 700 families from over 50 countries.
With five beaches, a marina, restaurants, sports and wellness facilities, Luštica Bay has become one of the Mediterranean’s most dynamic and fastest-growing communities. More than €775 million has already been invested in the project, while total investment is expected to reach approximately €1.5 billion by 2033.
Once fully completed, Luštica Bay will be a vibrant coastal town with more than 6,000 residents, featuring seven hotels, two marinas, an international school and extensive infrastructure designed to support everyday life, recreation and culture.
A defining characteristic of the development remains its commitment to environmental preservation and respect for the natural landscape, with more than 90% of the project’s 690-hectare site remaining untouched in its natural state.
An Investment with Long-Term Potential
Montenegro is increasingly establishing itself as one of the Mediterranean’s most promising investment destinations. Supported by an attractive tax environment, growing international connectivity and continued progress towards European Union membership, alongside a limited supply of premium real estate due to strict urban planning regulations, demand from international buyers continues to grow.
Within Luštica Bay, property values have already recorded an average annual increase of around 13%, with further growth expected following the completion of the championship golf course and the continued development of The Peaks.
Buyers benefit from exemption from real estate transfer tax when purchasing directly from the developer, as well as the option of interest-free payment plans for up to two years following handover. A professionally managed rental programme is also available, enabling owners to generate additional income through a comprehensive property management service.
The Value of Life at The Peaks
Ultimately, the greatest value of this collection lies not only in its investment potential, but in a lifestyle concept centred on everyday quality of life: mornings overlooking the bay, afternoons spent between the golf course, gardens and the sea, and evenings that linger beneath spectacular Adriatic sunsets.
As Gary Player famously remarked:
“If I could choose a home on any golf course in the world, this would be my place.”
The Peaks is therefore much more than a prestigious address. It is a place that invites a slower pace of life, a deeper connection with nature and the opportunity to experience the very best of Mediterranean coastal living.
