Lustica BayDevelopmentOff-Plan

The Peaks

4 units available | 1-4 bedrooms

Guide Price

€879,159

Flexible payment plan

Selling fastHigh demand in this area

Trusted experts helping local and international investors navigate Montenegro's premium property market

At a Glance

Location

Lustica Bay

Price

€879,159

Unit types

Villa

Bedrooms

1-4

Developer

Orascom

Completion Date

December 1, 2025

Orascom's Thoughtfully designed villas 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

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 Offers and terms are subject to developer approval and may be withdrawn at any time.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

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About this property

The Peaks at Luštica Bay is Montenegro’s first luxury golf neighbourhood, offering a limited collection of residences set alongside an 18-hole championship golf course designed by Gary Player. The development forms part of the wider Luštica Bay master-planned community on the Luštica Peninsula and occupies an elevated clifftop position overlooking the Adriatic Sea, Trašte Bay, and the Bay of Kotor...

Amenities & Services

Private and shared infinity swimming pools

Landscaped gardens and sun terraces

Barbecue and outdoor dining areas

Children’s playgrounds

Walking and hiking trails integrated into the landscape

Five beaches and beach areas

A marina with 115 berths, expanding to 220

26 restaurants and bars

Spa and wellness centres

Sports courts and watersports facilities

Priority access to The Chedi Luštica Bay five-star hotel

Photo Gallery

The Peaks - Amenities and facilities showcase

Sample available units

Showing 4 of 4 units as a sample. We have more unit types, layouts, and price points. Enquire for the full availability list.

Featured

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Location & Connectivity

Residents at The Peaks enjoy access to a comprehensive range of private and resort-level amenities designed around golf, wellness, and outdoor living....

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

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Elevated Golf and Sea Views

The Peaks is positioned between 130 and 310 metres above sea level, providing open views across the Adriatic Sea, Trašte Bay, and the Bay of Kotor, while ensuring natural privacy.

Direct Access to a Championship Golf Course

As Montenegro’s first luxury golf neighbourhood, residents enjoy immediate access to a Gary Player-designed course within a low-density and carefully planned environment.

Strong Airport Connectivity

Three international airports are within easy reach, supporting frequent travel and international living.

Integrated Resort Living

The Peaks combines private residential living with full access to Luštica Bay’s marina, beaches, dining, wellness, and leisure facilities in a secure and managed setting.

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.

Tivat International Airport

Drive15

Podgorica International Airport

Drive60

Dubrovnik International Airport

Drive45

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The Peaks 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

Current

Year 0Year 1Year 2Year 3Year 4Year 5

6.7%6.3%6.0%

•Gross yields range from 5.08% to 6.67%, with premium developments like The Peaks benefiting from higher rates due to features such as golf course access, sea views, and professional rental management services that enhance short-term rental appeal amid growing tourism.

•Situated in Lustica Bay's elevated hillside with Adriatic views, The Peaks includes apartments, townhouses, and villas optimized for year-round demand through amenities like the Gary Player-designed 18-hole golf course and on-site property management, supporting competitive yields in a market where coastal rentals outperform averages.

•Montenegro's tourism growth (e.g., increased visitor numbers) and foreign investment (€463 million in real estate in 2023) drive rental occupancy, but seasonality and premium pricing moderate yields to 5-7% rather than higher mid-market figures, with no capital gains tax after three years enhancing net returns.

Projections are estimates based on market analysis. Actual yields may vary.

Capital Appreciation Projection

5-Year Forecast

Annual

Year 0Year 1Year 2Year 3Year 4Year 5

46.9%23.5%0%

•Property prices showed 30.9% y-o-y growth as of March 2024, with coastal areas appreciating 49.1% cumulatively, though 2025 projections indicate moderation amid market maturity; average prices at €2,107 per square meter reflect sustained demand.

•As Montenegro's first golf residences with sea views from every hole, The Peaks benefits from scarcity and €1.5 billion Lustica Bay investment, historically delivering over 100% appreciation in seven years (~10% PA compounded), positioning it above market averages.

•GDP growth (3.7% in 2024), EU candidacy by 2028, and infrastructure like marina expansions fuel 15% price rises since 2023 (~7.5% PA over two years), with foreign investment and limited coastal supply supporting steady growth for premium assets.

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 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.

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Next steps

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Reserve

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Brochure

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The Peaks - Lustica Bay Villa development

Units available

Secure your unit at The Peaks with Omnia Montenegro

Speak with an Investment Consultant and get tailored guidance on availability, pricing, and the ideal property for your goals.

From €879,159

Selling fastHigh demand in this area

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Confidential and secure

Buyer-first overview

For Turkey-based buyers

Buying in The Peaks in Lustica Bay from Turkey

The Peaks 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 Turkey 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 Turkey-friendly slots available (TRT).

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.

Turkey-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 (TRY → 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 The Peaks. Our team is available to provide additional information and personalized guidance.

What types of units are available at The Peaks?

The Peaks offers a carefully curated selection of residences designed for coastal and mountain lifestyles in Montenegro. Available configurations include 1-4 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.

What is the starting price and payment structure at The Peaks?

Properties at The Peaks start from €751,418. 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.

What payment plans and financing options are available?

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.

What amenities and facilities are included at The Peaks?

The Peaks 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.

What is the construction timeline and expected completion date?

Construction progress and handover timelines for The Peaks 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.

Can international buyers purchase property at The Peaks?

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.

What are the maintenance fees and what do they cover?

Maintenance fees at The Peaks 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.

Is mortgage financing available for purchasing a unit?

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.

What makes The Peaks a strong investment opportunity?

The Peaks 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.

How can I schedule a viewing or site visit?

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.

What documentation is required for purchasing a unit?

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.

What warranty and after-sales services are provided?

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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