Luštica Bay is a large-scale coastal destination developed by Orascom Development Holding, an international developer known for creating integrated communities. On Montenegro’s Luštica Peninsula, the project brings together homes, hotels, a marina, restaurants and leisure facilities while making the surrounding landscape part of everyday life.
The setting is a big part of its appeal. The peninsula combines sea views and quiet coves with green hills, olive groves and traditional villages. At Luštica Bay, that natural character sits alongside the marina, beaches, cafés, restaurants and walking paths—giving residents a choice between a relaxed day at home and a more active resort lifestyle.
Hospitality is already part of the destination. The Chedi Luštica Bay is a five-star hotel in Marina Village, while Centrale Luštica Bay by Angsana brings a boutique hotel to the Piazza Centrale neighbourhood. Together, they add hotel services, dining and places for visitors to stay across different parts of the development.
Luštica Bay is also still growing. The master plan includes further homes and town facilities in neighbourhoods such as Centrale and The Peaks, as well as an 18-hole golf course designed by Gary Player. Future plans also include more hotels, a wellness and thalasso centre, a conference centre, a second marina and services such as shops, restaurants, a school and healthcare facilities. These are long-term development plans, so the timing and delivery of individual facilities may vary.
For buyers, the appeal is both personal and practical. A property here can be a home by the sea, a holiday base or a rental investment. Eligible owners may also be able to use Luštica Bay’s managed rental programme, which can help with promotion, bookings and property care. Rental income is never guaranteed and depends on the property, season, pricing and programme terms.
Buying in Luštica Bay means becoming part of a destination that is already taking shape and continues to develop. Its combination of Montenegro’s coastal landscape, established hotels and marina, and planned new amenities gives the area a distinctive appeal for buyers looking for more than a holiday apartment by the sea.
