First town houses next to the golf course with a view of Boka Kotorska - Luštica Bay's new residential collection

Source: eKapija Wednesday, 24.09.2025. 23:35
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(Photo: Luštica Bay)
Luštica Bay opens a new chapter in the development of The Peaks golf resort, with a collection of 11 three-bedroom townhouses overlooking the UNESCO-protected Boka Kotorska Bay. Located next to the fifth hole of a future championship golf course, this edition of townhouses offers a higher level of privacy and is an unbeatable option for living in a peaceful, natural setting.

Gary Player, world-renowned golfer and designer of the golf course in Luštica Bay, said during his first swing at the practice area: "If I were to choose a home next to the golf course, I would choose Luštica Bay without a doubt." His words confirm the unique atmosphere, quality and special character of The Peaks once again.

(Photo: Luštica Bay)
The Peaks – the first golf resort in Montenegro

The Peaks represents the crown of the development of a new city on the coast where architectural excellence and the unobtrusive elegance of a carefully selected location are strung together like two jewels. Added value is brought by the pronounced investment potential, since the settlement is developing around the only 18-hole golf course in Montenegro - the infrastructural, landscape and value backbone of this unique environment.


Life at a height, overlooking one of the most beautiful bays in the world

These two-story houses represent the first residential collection that offers a panoramic view of the Bay of Kotor and parts of the Gulf of Herceg Novi and Tivat, and the view reaches even to Perast and its two famous islands. With an area of 185 to 205 m², they offer clearly demarcated living and private zones, combining functionality with architectural refinement.

Double-height ceilings in the living room, three bedrooms with their own bathrooms, an elegant fireplace, natural materials and spacious terraces of 70 - 87 m2 make these residences a real oasis of comfort. The green roof terraces, ranging in size from 45 to 83 m², further expand the living space and create a perfect corner for relaxation with a view of Boka. With spacious gardens ranging from 184 to 590 m² and plots that reach more than 1,000 m², these residences offer peace and privacy.

(Photo: Luštica Bay)
A flat green roof is represented in a large number of town houses, while the tradition is further accentuated with terracotta roofing - both versions are carefully integrated into the landscape and architectural context of the destination, emphasizing the balance between contemporary and authentic.

Modern kitchens of renowned brands, underfloor heating in bathrooms, sophisticated air conditioning systems, as well as private and public parking spaces with the option of installing chargers for electric vehicles, guarantee the highest standard of modern living. In addition, future owners have the opportunity to choose between a basic and a more advanced package of built-in furniture, which leave enough space for individualizing the interior in accordance with different style preferences. This concept of living space calls for a Mediterranean way of life, which takes place outdoors for most of the year.

The key advantage of town houses is reflected in the fact that the buyer practically enjoys the comfort of living in a villa, but at a more favorable price, with a minimum number of neighbors. The previous collection of townhouses represented an extremely attractive product within the Luštica Bay portfolio, with a very strong demand, which resulted in the townhouses finding their owners very quickly.

(Photo: Luštica Bay)
Box: Architecture inspired by landscape, heritage and sea views

The internationally recognized studios Block 722 and the local NRA Atelier are responsible for the architecture of the complete golf resort, which created a superb architectural interpretation of the modern Mediterranean way of life in The Peaks. The architecture of the residences was inspired by the form of a traditional Luštica house, while NRA Atelier defined airy, light-filled interiors, with a seamless connection between interior and exterior framing the view of Boka Kotorska or the Adriatic.

Luštica Bay – a growing city, a value that is being built

The Peaks settlement is the most ambitious development settlement of Luštica Bay, a city on the coast that is being developed on a total area of ​​7 million m², with construction planned on only 10% of the territory, in accordance with a sustainable approach to development. This carefully thought-out balance between built and untouched nature represents the core value of the project.

(Photo: Luštica Bay)
Luštica Bay is already home to more than 700 families from 50 countries. With the already built Marina Village and Centrale neighborhoods as the city core, the contours of which are rapidly being completed, and more than 1,000 sold properties, Luštica Bay is growing into the largest integrated residential project in Montenegro, with a clear vision of development. It enjoys the reputation of a dynamic destination that nurtures the values ​​of a cosmopolitan community, with a rich spectrum of content - from cultural events, gastronomy in a number of restaurants, yachting services in the marina, to various events in sports and recreational areas.

Upon completion, Luštica Bay will have more than 6,000 residents, more than 3,000 apartments, 300 villas and seven hotels. The completion of the golf course, seven beaches, a school and a health center will bring additional functional roundness, making it a first-class investment and living address on the Mediterranean. By 2033, it is estimated that the total investment will reach an impressive amount of EUR 1.6 billion, making Luštica Bay the largest greenfield investment in Montenegro and one of the largest in Southeast Europe.

(Photo: Luštica Bay)
Investment with increasing value and international attention

The average annual growth in the value of real estate in Luštica Bay is 13% so far, while about 15% of the project has been completed. The golf course in Luštica Bay belongs to the elite 10% of world courses with sea views from every hole, which makes The Peaks extremely attractive for a global audience of investors, golf enthusiasts and buyers of luxury real estate. Right now, with the development of the golf area, the planned phased opening of the golf course and the limited number of townhouse units available, buyers are presented with a rare opportunity to enter a project with significant long-term growth potential. With growing international interest in this prestigious location, real estate in The Peaks is extremely well positioned to further increase in value within the most promising new destination on the Adriatic.

(Photo: Luštica Bay)

Special payment conditions for starting the sale of town houses

The purchase is further facilitated by a special repayment plan, intended for early buyers on the occasion of the launch of this attractive zone of the golf resort. Payment structure starts with 20% down payment, continues with 50% in quarterly installments during the construction phase and ends with the remaining 30% in quarterly installments after handover, all without calculating interest. The townhouses are ready to move in or rent out immediately upon collection.

Thanks to this flexible dynamic, buyers have the option to rent out the property even up to two years after handover, which enables the creation of additional income that can contribute to covering repayment and maintenance costs.

This approach not only promotes the self-sustainability of the investment from the very beginning, but also contributes to the development of a community based on trust, a long-term relationship and a vision of life in a new coastal city.

(Photo: Luštica Bay)

Prices for this collection start at EUR 2.2 million.

T: +382 67 050 550
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