Charming one-bedroom Apartment in Centrale, Lustica Bay, Tivat

Furnished one-bedroom apartment of 57 m2, part of a new building in the central part, Lustica Bay.

The apartment consists of a living room with a kitchen and dining room, one bedroom,one bathroom, and a spacious terrace.

The price includes an exclusive interior package and the apartment is for sale fully furnished.

Zona Centrale is located near the Lustica Bay marina. It will be an excellent living space, consisting of numerous apartments, shops, restaurants, bars, public services, cultural centers, parks, and green areas. The entire area is planned to allow easy connection to the rest of Lustica Bay, including its golf course, marina, beaches, and surrounding towns.

Lustica Bay is an exclusive marina with a beautiful residential collection, retail, many restaurants, and a 5* Chedi hotel.

At 7,894 € per m² this listing sits about 18% below the median for Luštica Bay, which stands at 9,636 € per m² across the 21 properties we hold there. Below-median usually means one of three things: set back from the water, an older build, or a floor plan that needs work.

We currently hold 21 properties in Luštica Bay, running from €390,000 to €4,510,000; by price this one ranks 19 of 21. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €450,000 for 57 m², transfer tax comes to €19,500 — an effective 4.3%. Since 2024 the rate is progressive rather than a flat 3%, so it is worth calculating on the actual figure rather than assuming.

Within 5 km of this address we hold 37 other for sale listings, asking between €185,640 and €5,500,000, with a median of €635,500. At €450,000 for 57 m² this one ranks 29 of 38 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.