Studio Apartment with Sea-view in Horizon Residences, Lustica Bay

Studio apartment with panoramic sea-view available in a new Luštica Bay Horizon Residences.

Completion of the works planned in December 2027.

The apartment consists of an open-plan living room with a dining area and kitchen, bathroom and a terrace of 10 m2 boasting unique sea-view.

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

The price includes a fully equipped kitchen and floor-to-ceiling built-in wardrobes, underfloor heating in bathrooms, garage space lease.

Convenient payment plan: 20% at the signing of SPA / 80% through 16 equal interest-free installments until 2 years post delivery.

Lustica Bay was planned as a town, not a complex: a marina at its centre, a five-star hotel, residences, shops and supermarkets, a long list of restaurants, a spa and a kids club, with security and technical support around the clock.

The distance from Tivat airport is 13km, and 10 minutes from British International School.

At 10,975 € per m² this listing sits about 16% above the median for Luštica Bay, which stands at 9,482 € per m² across the 21 properties we hold there. A premium usually buys position: the first line, a higher floor, or a completed build rather than one still under way.

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 41 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 41 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.