Lustica BayDevelopmentOff-Plan

Horizon at Lustica Bay

3 units available | 1-2 bedrooms

Guide Price
SAR 2,127,060
Flexible payment plan
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Trusted experts helping local and international investors navigate Montenegro's premium property market

At a Glance

Location
Lustica Bay
Price
SAR 2,127,060
Unit types
Apartment
Bedrooms
1-2
Developer
Orascom
Completion Date
April 30, 2026
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

20%
Down payment
At sales launch
50%
During construction
7 Installments
30%
On handover
Post completion
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 Offers and terms are subject to developer approval and may be withdrawn at any time.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

Horizon at Luštica Bay is an exclusive residential neighbourhood within the master-planned Luštica Bay development on Montenegro’s Luštica Peninsula. It forms part of the country’s largest luxury coastal project and is designed for buyers seeking privacy, sea views, and long-term value.Developed by Orascom Development Holding, Horizon offers a limited collection of premium apartments, penthouses,...

Amenities & Services

Swimming Pool
Spa & Wellness
Landscaped Gardens
24/7 Security
Fitness Center
Restaurant
Golf Course

Photo Gallery

Location & Connectivity

Horizon at Luštica Bay is located on the Luštica Peninsula in the village of Radovići, within Tivat municipality. The elevated hillside position provi...

Luštica Bay, MR-1, Novo naselje, Radovići, Tivat Municipality, 85323, Montenegro
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Prime Adriatic Position

Horizon is set on the Luštica Peninsula with elevated views over Trašte Bay and the Adriatic Sea, offering a coastal setting within a protected and low-density environment.

Strong Airport Connectivity

Three international airports are within easy reach, with Tivat Airport approximately 25 minutes away, Dubrovnik Airport about 45 minutes, and Podgorica Airport around one hour by car.

Access to Key Coastal Towns

The development is within driving distance of Porto Montenegro, Kotor Old Town, Perast, and Budva, providing access to marinas, cultural landmarks, and dining while maintaining privacy.

Regional and Cross-Border Access

Horizon’s location allows straightforward travel across Montenegro and into neighbouring Croatia, supporting both year-round living and frequent international travel.

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.

Luštica Bay Marina Village
WalkDrive1
Porto Montenegro
Drive25
Perast
Drive40
Tivat International Airport
Drive25
Podgorica International Airport
Drive60
Tivat town centre
Drive30
Kotor Old Town
Drive30
Budva
Drive50
Dubrovnik International Airport (Croatia)
Drive45

Horizon at Lustica Bay 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
6.2%
Current
Year 0Year 1Year 2Year 3Year 4Year 5
6.9%6.5%6.2%
Short-term rental yields in Tivat range from 5-9% depending on seasonality, while overall residential yields are 4.4-7.1%, with luxury segments like Lustica Bay benefiting from high tourism demand but moderated by higher maintenance costs in branded developments.
The development offers ROI up to 7% per year on rental income, driven by growing tourism (2.18 million arrivals in 2022) and professional rental management services that support income generation, particularly for short-term lets in premium waterfront locations.
As a new offering of studio to three-bedroom apartments priced from €450,000 to €1.452 million, it includes rental support via Luštica Bay's Property Rental Service, potentially offsetting costs through income during a zero-interest payment plan, but yields may compress slightly due to luxury premiums and seasonality in summer-driven demand.
Projections are estimates based on market analysis. Actual yields may vary.
Capital Appreciation Projection
5-Year Forecast
7%
Annual
Year 0Year 1Year 2Year 3Year 4Year 5
40.3%20.1%0%
Property prices in premium Tivat areas show sustained appreciation of 5-8% annually, with new apartments up 23% year-over-year in Q1 2025 and overall coastal values rising 130% over the past five years (implying ~18% CAGR, but recent moderation suggests lower forward rates).
As a flagship €1.5 billion project with limited supply and international appeal (over 40 nationalities), it offers maximum capital growth potential through early-stage participation, outpacing broader Mediterranean markets amid Montenegro's GDP growth (nearly doubling to €7.8 billion by 2024).
The development's strategic hillside location with sea views and amenities positions it for value growth in a market with consistent year-on-year increases, supported by infrastructure like marinas and golf courses, though pre-completion status (no set date) introduces short-term risks.
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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Horizon at Lustica Bay - Lustica Bay Apartment development
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Buyer-first overview

Buying in Horizon at Lustica Bay in Lustica Bay

Horizon at Lustica Bay 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.

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.

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.

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.

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 Horizon at Lustica Bay. Our team is available to provide additional information and personalized guidance.

Horizon at Lustica Bay 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 Horizon at Lustica Bay start from €450,000. 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.
Horizon at Lustica Bay 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 Horizon at Lustica Bay 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 Horizon at Lustica Bay 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.
Horizon at Lustica Bay 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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