Luxury 1-bedroom apartment for sale in Luštica Bay, Montenegro — Adriatic sea views

Among the final residences available in Centrale — Luštica Bay's most established and sought-after quarter — this one-bedroom apartment represents a rare last opportunity to acquire in the neighbourhood that started it all.

Luštica Bay is Montenegro's most ambitious coastal development: a fully integrated town backed by award-winning Orascom Development in partnership with the Government of Montenegro, representing a €1.5 billion investment and already home to more than 700 families from over 50 countries. Today it is approximately 10% complete — meaning buyers now are entering at an early stage of a destination that, at full build-out, will encompass 3,000+ apartments, 300+ luxury villas, seven hotels, a Gary Player Signature 18-hole golf course, and twin marinas with 220 berths.

Centrale is the social and commercial heart of this community — a walkable urban enclave built around a welcoming Piazza, lined with cafés, a pub, a beauty bar, boutiques, a kids' club, and the newly opened Hotel Centrale. Sports courts for tennis, padel, basketball and beach volleyball, a landscaped park, outdoor gym, medical and dental facilities, and a fire department make this a place designed for genuine everyday life, not just seasonal visits.

The apartments themselves range from 64.81 m2 to 70.70 m2, with open-plan living and dining areas, fully equipped kitchens, and a layout that maximises light and functionality. All residences come with built-in kitchen, wardrobes, and air conditioning included — VAT is incorporated into the price, and there is no property transfer tax or notary cost for the buyer.

Priced from €453,000 to €495,000, these units are available on an interest-free payment plan structured as 20% on signing, 50% in quarterly instalments to delivery, and 30% over two years post-handover. The professionally managed Luštica Bay rental programme enables owners to generate income immediately after handover, with the in-house team handling promotion, occupancy, and property care. The development has delivered a historical average annual property appreciation of 13%.

With Centrale residences almost fully acquired, enquiries are invited now.