Modern Studio Apartment within new Heights Residences, Lustica Bay

Furnished spacious studio apartment with private yard available in a new Luštica Bay Heights Residences.

Completion of the works planned in December 2027.

The apartment consists of an open-plan living room with a dining area and kitchen, bedroom area, bathroom, a terrace of 4 m2 and exclusive usage area in front of the apartment of 23 m2.

New owners will be able to enjoy a shared swimming pool surrounded by greenery.

The price includes a custom fitted Nolte kitchen with appliances, floor-to-ceiling built-in wardrobes, underfloor heating in bathrooms, as well as internal storage spaces.

Convenient payment plan: 20% at the signing of SPA / 50% through quaterly installments until delivery / 30% in quaterly installments 2 years post delivery.

The marina town of Lustica Bay holds a residential collection, retail and supermarkets, a 5* hotel, restaurants, a spa and a children’s club, and keeps security and technical support running 24 hours.

Heights Residences are nestled between Lustica Bay’s most exclusive Golf Residences and urban center Centrale. The distance from Tivat airport is 13km, and 10 minutes from British International School.

At 8,666 € per m² this listing sits about 10% 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 21 of 21. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €390,000 for 45 m², transfer tax comes to €16,500 — an effective 4.2%. 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 33 other for sale listings, asking between €290,000 and €5,500,000, with a median of €625,000. At €390,000 for 45 m² this one ranks 31 of 34 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.