Overlooking the marina and perfectly positioned between the golf course’s second hole and the Adriatic Sea, the Horizon neighbourhood represents the latest evolution of Montenegro’s premier coastal development. This thoughtfully expanding residential enclave introduces a new collection of studios, apartments, and penthouses that embody the essence of refined Adriatic living, where ancient history, contemporary architecture, and unspoiled natural beauty converge.
Developed by Luštica Development AD, a subsidiary of Swiss-based Orascom Development Holding, Luštica Bay has already attracted over 700 homeowner families from more than 50 countries.
With €574 million invested to date, the destination features Montenegro’s forthcoming first Gary Player Signature 18-hole golf course, two hotels, five-star The Chedi Luštica Bay, awarded a MICHELIN Key, and Centrale Luštica Bay by Angsana, a fully operational 115-berth marina, five beaches, and an increasingly sophisticated infrastructure that positions it among the Mediterranean’s most compelling coastal communities.
A Historic Vantage Point Reimagined for Modern Living
Horizon’s elevated position between the waterfront Marina Village neighbourhood and Montenegro’s first championship golf course creates an environment defined by privacy, panoramic vistas, and a profound connection to the peninsula’s storied past.
Where Ancient Traditions Meet Contemporary Design
During early construction, developers uncovered the Radov Stone monument, an historic Illyrian vantage point where ancient communities gathered to navigate the Adriatic and await returning mariners. Today, Horizon honours this legacy by creating spaces where international residents can find perspective, reconnect with what matters, and establish roots in one of Europe’s most tranquil coastal settings.
The new residential release, developed in collaboration with internationally acclaimed firms EDSA and SB Architects alongside renowned Montenegrin architectural partners, ranges from studios to three-bedroom penthouses. Each residence showcases authentic Mediterranean architecture through expansive glazing that dissolves interior boundaries, neutral palettes that amplify the region’s distinctive Adriatic light, and earthy tones drawn from locally-sourced materials of the Luštica Peninsula.
Low-slung furnishings orient toward sea-facing vantage points, while tactile finishes prevent minimalist interiors from competing with the intensity of the coastal blues beyond. The design philosophy is deliberate: provide sanctuary from which to engage with the wild beauty of the Boka Bay vista, rather than compete with it.
Elevated Outdoor Spaces and Exclusive Amenities
Moving through Horizon’s residences reveals a sense of communion where everything positions the eye toward the near-constant presence of the horizon. The immediate foreground showcases the rugged topography of the Luštica Peninsula, the very terrain each home is carved into, creating textured counterpoint to the smooth, clean lines of contemporary architecture.
Exteriors are softened by green-hued shutters and arched porticos leading onto generous private terraces. Cascading gardens and cypress-lined paths weave through the surrounding landscape, with select residences opening directly onto private gardens. At night, subtle façade lighting layers each residence with a distinct dramatic presence. From these elevated spaces, residents gather beneath olive canopies for meals that linger long into Mediterranean nights, their conversations punctuated by stories of market mornings in the town centre and afternoons leaping playfully into the sea.
Horizon homeowners benefit from a considered range of amenities designed to enrich everyday living. The Horizon Clubhouse anchors the neighbourhood’s social life with its lounge, infinity pool, state-of-the-art fitness centre, and dedicated kids’ club. Each residence includes secure underground parking with a 25-year lease.
Residents enjoy access to Luštica Bay’s beaches and priority services across the destination, with a convenient shuttle connecting Horizon to dining, shopping, and leisure venues. Exclusive rates at The Chedi hotel, its spa and restaurants, as well as yacht moorings, further extend the coastal lifestyle. New homeowners also receive a complimentary stay within the destination while awaiting the completion of their residence.
Montenegro’s Ascending Market Offers Compelling Investment Dynamics
Beyond lifestyle appeal, Horizon represents an early entry point into a rapidly maturing market characterized by investor-friendly legislation, favourable tax structures, and consistent property appreciation that outpaces many established Mediterranean destinations.
Strategic Location Within an Emerging Mediterranean Hub
Luštica Bay occupies 690 hectares on the Luštica Peninsula, positioned between the Adriatic open waters and UNESCO-protected Boka Bay. Only 10% of the land area is developed, with the remainder preserved as natural landscape, a deliberate approach reflecting commitment to environmental stewardship and sustainable growth.
Around €1.6 billion will be invested into the town by 2033, making this the largest greenfield investment in Montenegro and one of the most significant in South-East Europe, yet Luštica Bay is already a dynamic Mediterranean destination well beyond its years.
The destination sits within three hours’ flight of most European capitals and maintains convenient access via three international airports: Tivat (12 kilometers), Podgorica (92 kilometers), and Dubrovnik, Croatia (62 kilometers). The marina is easily accessible by sea, positioned along the Venice-Corfu cruising route and just a day’s sail from Croatia’s celebrated islands.
Upon full build-out, Luštica Bay will feature over 3,000 apartments, more than 300 luxury villas, seven hotels, two world-class marinas, and an international school, becoming home to over 6,000 residents. Montenegro’s first championship golf course, designed by Gary Player, will further elevate the destination’s international profile when the first nine holes open, with significant capital appreciation expected as the full 18-hole course becomes operational.
Investment Framework Designed for International Buyers
Montenegro’s tax environment strengthens Horizon’s investment appeal considerably. When purchasing directly from the developer, buyers are exempt from transfer tax, which ranges from 3% to 6% on the secondary market. Income tax ranges between 9% and 15%, capital gains tax stands at 15%, and there is no inheritance tax for immediate family members, creating a transparent, professionally managed purchase process that appeals to international investors.
Property values at Luštica Bay demonstrate consistent year-on-year growth averaging 13%, outperforming many Mediterranean counterparts. While comparable properties in established European markets command premium prices, Horizon offers an early opportunity to capitalize on Montenegro’s rapidly ascending luxury sector.
The development’s interest-free payment plan presents additional strategic advantages. Beginning with a 20% down payment, the plan includes 50% in quarterly installments during construction and 30% in quarterly post-handover payments, all interest-free over four to five years. New owners can occupy their residence and generate rental income through Luštica Bay’s professional Property Rental Service after handover, with earnings contributing significantly to covering quarterly installments, taxes, and maintenance costs throughout the payment period.
Access to a Sanctuary Wrapped in Salt and Sky
Horizon at Luštica Bay establishes a new benchmark for premier Adriatic living. With residences starting from €450,000 and delivery scheduled for 2028, this thoughtfully expanding neighbourhood is dedicated to the enduring promise of freedom and presence in nature, connection in community, and beauty in every sunrise.
For international buyers seeking both refined lifestyle and meaningful returns, Horizon represents Montenegro’s most compelling coastal opportunity, where ancient vantage points meet contemporary vision, and where the real return on investment is access to a life lived at a different tempo. For more information, contact Luštica Development AD via the form below:
