Omnia Montenegro
Lustica BayDevelopmentOff-Plan

Luštica Bay Heights Residences

1 units available | 1-3 bedrooms

Guide Price
€517,052
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
€517,052
Unit types
Apartment
Bedrooms
1-3
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

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 Offers and terms are subject to developer approval and may be withdrawn at any time.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

Heights Apartments at Luštica BayHeights Apartments is a contemporary residential collection located within the master-planned Luštica Bay development on Montenegro’s Luštica Peninsula. Positioned on an elevated hillside above the Marina Village, Heights offers modern apartments designed to combine sea views, walkable access to amenities, and year-round coastal living.Developed by Luštica Developm...

Amenities & Services

Swimming Pool
Spa & Wellness
Landscaped Gardens
Restaurant
Golf Course

Photo Gallery

Luštica Bay Heights Residences - Luxury property development photo gallery
Luštica Bay Heights Residences - Interior and exterior views
Luštica Bay Heights Residences - Amenities and facilities showcase

Sample available units

Showing 1 of 1 units as a sample. We have more unit types, layouts, and price points. Enquire for the full availability list.

3 Bedroom Large Apartment
published

3 Bedroom Large Apartment

3 bed183 m²
Starting from
€1,630,648
View
Enquire for full availability

Location & Connectivity

Heights Apartments is located above Marina Village within the Luštica Bay development on Montenegro’s Luštica Peninsula. The elevated position provide...

Luštica Bay, MR-1, Novo naselje, Radovići, Tivat Municipality, 85323, Montenegro
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Walkable Marina Living

Heights Apartments is positioned above Marina Village, allowing residents to walk to beaches, dining, cafés, and marina facilities without reliance on a car.

Elevated Sea Views

The hillside location offers improved outlooks over Trašte Bay and the Adriatic Sea while maintaining privacy and airflow.

Established Community

Heights sits within a fully operational neighbourhood of Luštica Bay, providing immediate access to amenities rather than a purely off-plan environment.

Regional Accessibility

The location supports easy travel to key coastal towns, airports, and neighbouring countries, making it suitable for frequent travellers and seasonal residents.

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.

Marina Village and beaches
Walk1
Tivat town centre
Drive20
Kotor Old Town
Drive30
Budva
Drive50
Dubrovnik International Airport
Drive45
Luštica Bay beaches and beach clubs
Walk1
Porto Montenegro
Drive25
Perast
Drive35
Tivat International Airport
Drive25
Podgorica International Airport
Drive60
Request full location information

Luštica Bay Heights Residences 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, slightly down from prior quarters, with coastal areas ranging 4.4-7.1% driven by tourism demand, though luxury segments like Lustica Bay moderate toward the mid-range due to higher purchase prices and seasonal factors.
•The resort emphasizes competitive yields through professional rental management and tourism growth (e.g., €463 million in real estate investment in 2023), supporting short-term rentals in premium enclaves like Heights, but seasonality limits year-round occupancy to favor 5-7% over higher mid-market figures.
•As a hillside collection with sea views, one- to three-bedroom apartments (e.g., 66 m2 units with terraces), it benefits from Lustica Bay's infrastructure like golf courses and marinas, potentially edging yields up via serviced rentals, though premium pricing (from €450,000+) compresses returns compared to non-luxury coastal stock.
Projections are estimates based on market analysis. Actual yields may vary.
Capital Appreciation Projection
5-Year Forecast
6.8%
Annual
Year 0Year 1Year 2Year 3Year 4Year 5
38.9%19.5%0%
•Residential prices posted double-digit growth into 2025, with 20.8% overall increases cited, though annual rates moderated to 3-7% amid market maturity, favoring premium coastal areas like Lustica Bay over inland.
•As a €1.6 billion greenfield investment, the resort has delivered over 100% appreciation in prior phases (implying ~10% PA compounded historically), with Heights benefiting from its strategic position near the golf course and town center in a high-demand hotspot.
•Heights' panoramic views and elegant architecture in a limited-supply enclave position it for outperformance, with luxury prices in Lustica Bay reaching €5,000-€14,000 per m², supported by infrastructure and EU accession prospects by 2028.
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.
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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
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Next steps

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Luštica Bay Heights Residences - Lustica Bay Apartment development
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Buyer-first overview
For Russia-based buyers

Buying in Luštica Bay Heights Residences in Lustica Bay from Russia

Luštica Bay Heights Residences 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 Russia 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 Russia-friendly slots available (MSK).

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.

Tell us your expected funding route (bank transfer, staged payments) so we can map the steps.

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.

Russia-based buyers: confirm your bank's outward remittance requirements and document checklist early to avoid delays.

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 help you plan transfers (RUB → EUR) and keep the document trail clean and predictable.

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.
Useful resources
Buyer’s guide: the full checklist →Visa & Residency: verify routes early →Wealth Migration: why Montenegro is attracting buyers →
Request a short list and next steps

Developer: Orascom

Frequently Asked Questions

Find answers to common questions about Luštica Bay Heights Residences. Our team is available to provide additional information and personalized guidance.

Luštica Bay Heights Residences offers a carefully curated selection of residences designed for coastal and mountain lifestyles in Montenegro. Available configurations include 1-3 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 Luštica Bay Heights Residences start from €441,925. 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.
Luštica Bay Heights Residences 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 Luštica Bay Heights Residences 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 Luštica Bay Heights Residences 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.
Luštica Bay Heights Residences 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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