Centrale piazza with cafés and mountain views - town centre apartments at Luštica Bay, Montenegro
Under constructionDelivery: Q4 2026
Centrale aerial view showing location within Luštica Bay resort, Montenegro
Centrale courtyard and landscaped gardens at Luštica Bay
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Centrale

Luštica Bay, Montenegro

The beating heart of Luštica Bay - a purpose-built town centre where piazzas, cafés, shops, and daily life converge. Studios to three-bedroom apartments designed for year-round coastal living.

Project Highlights

Location

Luštica Bay, Tivat

Type

Apartments

Collection

Centrale

Bedrooms

Studio to 3

Tivat Airport

12 km / 15 min

Year-round Services

School, Clinic, Shops

Status

Off-plan

Delivery

Jun 2026 – Dec 2027

Project Credentials

DEVELOPER

Orascom Development Holding

Swiss-listed, €1.5B total investment in Luštica Bay

SUSTAINABILITY

LEED Silver Certification

Energy-efficient building systems and environmental stewardship

TOWN PLANNING

EDSA Master Plan

Leading landscape architecture firm, 11 integrated neighbourhoods

RESORT OPERATOR

Luštica Bay Management

Year-round services incl. rental programme, concierge, maintenance

Why Centrale

Lowest Entry Into Luštica Bay

Centrale's studio apartments start from €333,000 - the most accessible entry point in the entire resort, making Luštica Bay's five-star lifestyle available to a wider range of buyers.

Montenegro's First Year-Round Town Centre

Unlike seasonal neighbourhoods, Centrale is designed for genuine 12-month living. A school, medical clinic, supermarket, and daily services mean residents never need to leave.

Walk-to-Everything Lifestyle

The Esplanade and Festival Piazza place cafés, restaurants, boutiques, and community events at your doorstep. No car needed - this is a pedestrian-first town centre.

Projected Gross Rental Yield

Year-round demand (not just summer) drives consistent occupancy. Centrale's town-centre convenience appeals to both holiday visitors and longer-term tenants.

Interest-Free Payment Plan

15% on SPA signing, then 85% in 12 equal quarterly instalments with zero interest - one of the most buyer-friendly payment structures in the region.

Pricing Overview

Contact for current unit-level pricing and availability. Sizes shown are based on developer floor plans.

Unit TypeAreaPrice FromTotal UnitsAvailability
Studio39 m²€333,0001Available
1-Bedroom63 – 72 m²€495,000 – €540,0004Available
2-Bedroom83 – 90 m²€583,500 – €726,0007Available
3-Bedroom135 – 231 m²€1,007,500 – €1,610,5005Available

Centrale offers 17 town centre residences at Luštica Bay, with unit types ranging from a studio to three-bedroom apartments. Delivery from Jun 2026 to Dec 2027. Contact for current pricing and availability.

At a Glance

Studio (0 Bed)€333,000 · 39.15 m² total
1-Bedroom Apartments€495,000 – €540,000 · 64 – 72 m² total
2-Bedroom Apartments€583,500 – €726,000 · 83 – 90 m² total
3-Bedroom Apartments€1,007,500 – €1,610,500 · 135 – 231 m² total
Payment Plan15% on SPA + 85% in 12 quarterly instalments, interest-free
Earliest DeliveryJune 2026
ViewsPiazza, Fortress, Partial sea view, Yard
StatusAll units available off-plan
Rental ManagementProfessional programme via Luštica Bay Management

Investment Perspective

Gross Rental Yield5–7% annually (year-round demand, not seasonal)
Property Tax (Tivat)0.35% of cadastral value per year
Transfer TaxExempt when purchasing from developer
Capital Gains Tax15% for individuals
Rental Income Tax15% flat on net income (30–70% expense deductions)
Price Growth (2025)~20% year-on-year nationally
EU Accession TimelineTargeted 2028–2030 - pre-EU pricing opportunity

Centrale's year-round community creates a unique rental proposition. Unlike seasonal beach resorts, Centrale supports long-stay tenants and digital nomads alongside holiday visitors. Professional rental management through Luštica Bay handles marketing, guest communication, housekeeping, and full financial reporting. Studios and one-bedroom apartments are particularly well-suited for consistent rental income.

The Town Centre

At Centrale's heart is the Esplanade - the main gathering point for everyday life in Luštica Bay. Framed by an arcade of shops, cafés, and restaurants, it is where residents meet for morning coffee, browse weekend markets, and enjoy al fresco dining as the sun sets over the Adriatic.

Across the village boulevard, the Festival Piazza provides a multi-purpose town square for outdoor events, concerts, and seasonal markets. Above it rises the town's defining architectural feature - a fortress-inspired structure housing a boutique hotel, spa, and cultural spaces that anchor Centrale's skyline.

Beyond dining and leisure, Centrale provides the practical essentials for year-round living: a primary school and kindergarten, a medical clinic, a general store, fitness and wellness facilities, and co-working spaces. This infrastructure sets Centrale apart from every other neighbourhood in Luštica Bay - it is a functioning town, not just a resort.

Location

Centrale sits at the geographic centre of Luštica Bay, connecting the waterfront Marina Village below to The Peaks golf residences above. This central position makes it the natural hub of the resort - every other neighbourhood is accessible from Centrale within minutes.

Tivat Airport

12 km / 15 min

Kotor (UNESCO)

12 km / 20 min

Dubrovnik Airport

62 km / 1 hr

Podgorica Airport

92 km / 1.5 hr

Marina Village is a 5-minute shuttle ride down the hill, offering The Chedi five-star hotel, a 115-berth marina, five beach clubs, and waterfront dining. The Peaks golf course and clubhouse sit just above Centrale. The resort's planned 4.9 km Lungo Mare coastal path will connect all neighbourhoods on foot.

Who This Works For

Year-Round Resident

A real town for real life. School, clinic, supermarket, and a genuine community - Centrale is the only neighbourhood at Luštica Bay designed for 365-day living.

Investor

The lowest entry point into Luštica Bay (€333K), interest-free payments, and year-round rental demand. Studios and 1-beds deliver consistent returns beyond summer season.

Lifestyle Buyer

A Mediterranean piazza lifestyle with five-star resort amenities. Walk to cafés, browse artisan markets, dine by the fortress - then retreat to your apartment with a view.

Important Considerations

1

Construction timelines are estimates and subject to change. Delivery dates shown reflect developer projections as of February 2026.

2

Rental projections are based on market assumptions and historical data. Past performance does not guarantee future returns.

3

Buyers should seek independent legal, tax, and financial advice before committing to any purchase. Prices include VAT as of the date shown.

Follow the latest Montenegro market signals on my Insights page.

Ready to explore Centrale?

Request the current availability sheet or chat with me on WhatsApp - I will be in touch within minutes.

Ana Pajkovic - Authorized sales partner for Luštica Bay

anapajkovic.com

Starting from

€333,000