Lustica BayDevelopmentOff-Plan

Centrale Apartments

4 units available | 1-2 bedrooms

Guide Price
AED 2,063,144
Flexible payment plan
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Available nowReady for immediate purchase
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Trusted experts helping local and international investors navigate Montenegro's premium property market

At a Glance

Location
Lustica Bay
Price
AED 2,063,144
Unit types
Apartment
Bedrooms
1-2
Developer
Orascom
Completion Date
December 1, 2027
Orascom's Thoughtfully designed apartments in Lustica Bay, combining quality craftsmanship with lasting investment value.

Premium Quality

Internationally acclaimed architecture and design standards

Investment Security

Backed by leading Montenegro developer with proven track record

Community Living

Vibrant community with world-class amenities and facilities

Flexible Payment

Attractive payment plans with competitive financing options

Payment plan

15%
Down payment
At sales launch
85%
During construction
In Instalments
Payment plans are subject to change and may vary based on unit type, floor level, and availability. Offers and terms are subject to developer approval and may be withdrawn at any time. Please contact our sales team for the most accurate and up-to-date payment plan information.
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About this property

Centrale Apartments at Luštica BayCentrale Apartments is a modern residential neighbourhood located at the heart of Luštica Bay, designed to offer practical, year-round living within a walkable and fully serviced community. Positioned adjacent to The Chedi Luštica Bay hotel and Marina Village, Centrale places residents at the centre of daily life, amenities, and services within the development.Dev...

Amenities & Services

Swimming Pool
Landscaped Gardens
Rooftop Terrace
Business Center
Restaurant
High-Speed WiFi
Fitness Center
Spa & Wellness
Pet-Friendly Areas
Children's Play Area

Photo Gallery

Location & Connectivity

Centrale Apartments is located within the Centrale district, the civic and commercial centre of Luštica Bay. The neighbourhood sits directly beside Th...

Luštica Bay, MR-1, Novo naselje, Radovići, Tivat Municipality, 85323, Montenegro
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Central Village Position

Centrale Apartments sits at the heart of Luštica Bay, offering immediate access to shops, cafés, healthcare, and essential services.

Walkable Marina Access

Residents can walk to Marina Village, beaches, restaurants, and waterfront promenades without relying on a car.

Year-Round Living Environment

The Centrale district is designed for permanent occupation, with everyday infrastructure that supports full-time residence rather than seasonal use.

Strong Regional Connectivity

The location provides easy access to airports, coastal towns, and regional road networks across Montenegro and into Croatia.

Places in Proximity

These nearby places are provided for orientation. Travel times depend on time of day and the exact route. If you are deciding between two options, we can validate the commute and convenience for your short list.

The Chedi Luštica Bay hotel
Walk5
Supermarkets and local retail
Drive1
Tivat town centre
Drive20
Kotor Old Town
Drive30
Budva
Drive50
Dubrovnik International Airport
Drive45
Marina Village
1
Medical services and pharmacies
Drive1
Porto Montenegro
Drive25
Perast
Drive40
Tivat International Airport
Drive25
Podgorica International Airport
Drive60

Centrale Apartments Forecast and Projections

Perfectly Suited for International Buyers
Secure freehold ownership with full property rights. No restrictions on resale or rental income. Your investment is protected under Montenegro law with complete transparency and legal security.
Freehold TitleNo RestrictionsLegal Protection
Visa & Residency Eligible
Property ownership opens pathways to premium residency programs, providing long-term visa benefits, enhanced residency rights, and potential eligibility for Montenegro's growing expatriate community benefits.
Premium ResidencyLong-term VisaEnhanced Rights
Learn more about visa & residency

Our Analysts Predict

Speculative projected performance based on our market analysis and historical trends

Rental Yield Projection
5-Year Forecast
5.8%
Current
Year 0Year 1Year 2Year 3Year 4Year 5
6.5%6.1%5.8%
Gross yields averaged 5.62% in Q2 2025 across Montenegro, with Tivat (where Lustica Bay is located) ranging from 4.44% to 4.81% (average 4.64%), reflecting lower returns in premium tourist areas due to higher purchase prices and seasonal demand fluctuations.
As a €1.6 billion greenfield investment emphasizing sustainability and amenities like marinas and golf, it attracts international buyers, but yields remain moderate at 4-6% given the luxury positioning and reliance on seasonal tourism, with no capital gains tax after three years aiding net returns.
Montenegro's tourism and foreign investment (€308.86 million in real estate for first eight months of 2025, up 8.4%) bolster coastal occupancy, but premium segments like Centrale prioritize appreciation over high yields, aligning with broader trends of 4.4-7.1% in coastal areas.
Projections are estimates based on market analysis. Actual yields may vary.
Capital Appreciation Projection
5-Year Forecast
7.6%
Annual
Year 0Year 1Year 2Year 3Year 4Year 5
44.2%22.1%0%
Property prices in high-demand areas like Bay of Kotor rose 8-12% y-o-y in 2025, with overall market showing steady growth amid foreign investments up 8.4% in the first eight months.
As Montenegro's largest greenfield investment at €1.6 billion, early phases have seen 150% appreciation over 15 years (approximately 6.4% PA compounded), with Centrale's central location benefiting from infrastructure like golf courses and rising demand.
Centrale, as Lustica Bay's vibrant town center, positions for outperformance in a market with competitive prices compared to neighbors like Croatia, driven by EU accession prospects by 2028 and tourism expansion.
Historical performance does not guarantee future results. Market conditions may vary.
Not Financial Advice: This tool is for informational purposes only and does not constitute financial, investment, or legal advice. Consult with qualified financial advisors, real estate professionals, and legal counsel before making investment decisions.
Market Risks: Real estate investments carry risks including market volatility, liquidity constraints, regulatory changes, and economic factors. Property values and rental yields can decrease as well as increase.

Developed by Orascom

Orascom logo

Orascom Development is regarded as a reputable, large-scale destination developer, appealing to buyers seeking homes within professionally managed, lifestyle-driven communities rather than standalone ...

Leading Montenegro developer with proven track record
Commitment to quality and excellence

Your Purchase Journey

We guide international investors through every step of the off-plan property purchase process, ensuring a smooth and transparent experience from reservation to handover.

Reservation & Documentation
1-5 days

Discover and secure your ideal unit with a refundable reservation fee....

Contract & Payment Schedule
1-2 weeks

Sign your sales agreement with flexible payment plans....

Construction & Progress Updates
Construction period

Receive regular construction updates and virtual site tours....

Handover & Ownership
1-2 weeks

Complete final payments and receive your keys....

Here to guide you every step of the way

International Expertise

Dedicated support for international buyers with multilingual team members and remote documentation handling.

Flexible Payment Plans

Tailored payment schedules aligned with construction milestones.

End-to-End Support

From initial reservation to post-handover, our team guides you through every step of your investment journey.

CNT Office AwardCNT Destination Award
Next steps

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Centrale Apartments - Lustica Bay Apartment development
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Buyer-first overview
For Austria-based buyers

Buying in Centrale Apartments in Lustica Bay from Austria

Centrale Apartments is a location-led decision as much as a design-led one. Use the checklist below to validate fit (daily convenience) and fundamentals (pricing, payment plan, and resale/rental liquidity) before you commit funds in Lustica Bay.

Buying from Austria usually means planning a little earlier for banking/compliance steps and working cleanly around time zones. We’ll keep the process structured so you can move quickly when the right unit is available.

Callback windows: 9am–6pm (GMT), with Austria-friendly slots available (CET).

Address: Luštica Bay, MR-1, Novo naselje, Radovići, Tivat Municipality, 85323, Montenegro

What to do next

Shortlist 2-3 unit options (or unit types) and decide your timeline.

Compare payment milestones and confirm what triggers each stage.

Validate the building/community rules that affect use and rental strategy.

Request a deal-specific view: pricing sheet, reservation steps, and required documents.

If you need a quick comparison call, we can usually align to Austrian working hours (CET).

Verify early (avoid surprises)

Exact unit spec and handover: floor, view, parking, and what is included vs. optional.

All-in costs: service charges, utilities setup, furnishing, and property management if needed.

Buyer eligibility and ownership route are deal-specific. Confirm for your profile before reserving.

Commute and convenience in Lustica Bay depend on time of day. Validate the route for your real schedule.

Austria-based buyers: confirm document handling early (certification/legalisation if needed) and keep a clean paper trail for funds.

How we help

We’re a buyer-side advisory. We help you move from “looks great” to “this is the right unit, at the right terms” by structuring the process, validating the deal-specific details, and keeping the timeline tight.

We'll align calls to CET and help you plan transfers (EUR → EUR) and documentation steps.

Shortlist + match
We narrow the options based on timeline, budget, and your intended use (investment, lifestyle, residency).
Deal validation
We confirm what is actually available, what is included, and what changes unit-to-unit.
Contract + milestones
We help you understand payment stages, key clauses, and what matters before you sign.
Residency path context
If relevant, we’ll point you to the right checks early and connect the process to your buyer profile.

Frequently Asked Questions

Find answers to common questions about Centrale Apartments. Our team is available to provide additional information and personalized guidance.

Centrale Apartments offers a carefully curated selection of residences designed for coastal and mountain lifestyles in Montenegro. Available configurations include 1-2 apartments, each featuring premium finishes, modern layouts, and thoughtful design elements. Homes are planned to maximize natural light, space efficiency, and year-round comfort with high-quality materials throughout.
Properties at Centrale Apartments start from €444,174. Pricing varies based on unit size, floor level, orientation, and premium specifications. We offer flexible payment plans typically structured with a 10-30% initial payment and staged installments tied to construction milestones. Our sales team provides detailed pricing breakdowns and can adapt payment schedules to suit individual requirements.
Orascom offers structured payment plans aligned with construction milestones, typically requiring a 10-30% down payment with the remaining balance scheduled through the build period. We also collaborate with Montenegro-based banks that provide euro-denominated mortgages. Loan-to-value ratios and terms vary by residency status, income verification, and collateral, and our team can connect buyers to lenders to review eligibility.
Centrale Apartments features comprehensive amenities designed for modern living in Montenegro. Facilities include fitness centers, swimming pools, landscaped outdoor spaces, children's play areas, 24/7 security with concierge-style services, covered and open parking, and community gathering areas. Amenities are maintained to premium standards to support both holiday and year-round residents.
Construction progress and handover timelines for Centrale Apartments are regularly updated throughout the development phase. Our sales team provides quarterly progress reports, milestone updates, and virtual site tours to keep buyers informed. Expected completion dates vary by building phase and unit type. Contact our sales office for the most current construction status and projected handover schedule for your specific unit.
Yes. Foreign nationals can purchase freehold apartments and most other property types in Montenegro. Certain categories of agricultural or forestry land may require ownership via a locally registered company, but standard residential purchases are straightforward. Property ownership can support an application for temporary residence, and our team guides international buyers through eligibility, documentation, and legal considerations.
Maintenance fees at Centrale Apartments cover comprehensive property management services including common area maintenance, amenities operation and upkeep, 24/7 security and concierge services, landscaping and outdoor space maintenance, building insurance, and facility management. Fees are calculated based on unit size and are structured to ensure the development maintains premium standards and property values. Specific fee structures are detailed during the purchase process.
Yes. We facilitate introductions to Montenegro banks that offer euro mortgages. Typical lending criteria include proof of income, credit assessment, and property valuation, with loan-to-value ratios generally higher for residents than for non-residents. Our team assists with pre-qualification checks, documentation requirements, and coordination with lending partners.
Centrale Apartments is positioned to benefit from Montenegro's growing tourism and relocation demand, particularly along the Adriatic coast and key inland destinations. The country uses the euro, which reduces currency risk for many buyers, and supply in prime areas is limited by strict planning controls. The development's build quality, amenities, location connectivity, and Orascom's track record support both rental income potential and long-term value preservation.
You can schedule a viewing or site visit through multiple channels: complete the enquiry form on this page, call our sales office directly, contact us via WhatsApp for immediate assistance, or visit our sales center. Our sales team arranges convenient viewing times, provides show unit access, discusses available units and specifications, and offers personalized consultation on investment opportunities. Virtual tours and detailed property information are also available for remote buyers.
Required documentation varies by buyer type. For Montenegro nationals: valid national ID, proof of income, and bank statements. For international buyers: passport, proof of funds or income verification, and—if financing—a recent credit report and banking references. A notarized sales and purchase agreement is standard, and our sales team provides a detailed checklist and support with translations and certifications where needed.
Orascom provides warranty coverage for construction defects and structural elements in line with Montenegrin building regulations and contractual terms. After-sales services include handover support, snagging coordination, facilities management, and ongoing customer service. Our team ensures a smooth transition to ownership and continued support to maintain property quality and resident satisfaction.
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