PROPERTY ON LUSTICA
Luštica Property Purchase
Two months after my first visit I decided I was definitely going to buy some very old ruined property in Montenegro.
I had no desire to be one of those foreign buyers who want their big houses separate from the local community. I was drawn to the partially abandoned, very old stone villas that were still attached to the newer inhabited part of the villages.
That way I could still be part of the local community. Which is exactly why I bought one partially and one completely ruined villa in a village called Zabrdje on the Luštica peninsular in Herceg Novi Municipality.
Two months after my first visit I decided I was definitely going to buy some very old ruined property in Montenegro.
I had no desire to be one of those foreign buyers who want their big houses separate from the local community. I was drawn to the partially abandoned, very old stone villas that were still attached to the newer inhabited part of the villages.
That way I could still be part of the local community. Which is exactly why I bought one partially and one completely ruined villa in a village called Zabrdje on the Luštica peninsular in Herceg Novi Municipality.
These ruins were in the very old part of Zabrdje called Mitrovići, which the locals abandoned in 1950's - 1960's, when Tito wanted the country to become an industrial power and everyone was encouraged to move to the larger towns and cities.
People did still use their old homes occasionally for leisure but after the structural damage caused by the 1979 earthquake that became impossible to do. These very old traditional villas were built in the 17th century, long before anyone thought about constructing buildings to withstand earthquakes.
After Tito's death in 1980 people slowly started to move back to the area. The Montenegrins built themselves more up to date earthquake-proof homes, right next to the old damaged stone villages they had abandoned many years before.
People did still use their old homes occasionally for leisure but after the structural damage caused by the 1979 earthquake that became impossible to do. These very old traditional villas were built in the 17th century, long before anyone thought about constructing buildings to withstand earthquakes.
After Tito's death in 1980 people slowly started to move back to the area. The Montenegrins built themselves more up to date earthquake-proof homes, right next to the old damaged stone villages they had abandoned many years before.
After completing the purchase of these villas I thought the best thing to do was to wait and maybe even a few years, to see if Luštica's infrastructure became more viable, which would make this project less complicated and work much better.
Luštica Peninsula
Luštica has an area of 47 km² and is 13 km long. It is probably one of the loveliest parts of the Montenegrin coast as it still manages to retain the essence of completely unspoiled beauty, simplicity and calm of the way things used to be.
The warm Mediterranean climate gives it a rich vegetation of olive groves, pomegranate and fig trees, with its rocky and sandy shores hosting dozens of beaches and coves. You may see a wild boar, mongoose or jackal and hear a nightingale or scops-owl.
Luštica has an area of 47 km² and is 13 km long. It is probably one of the loveliest parts of the Montenegrin coast as it still manages to retain the essence of completely unspoiled beauty, simplicity and calm of the way things used to be.
The warm Mediterranean climate gives it a rich vegetation of olive groves, pomegranate and fig trees, with its rocky and sandy shores hosting dozens of beaches and coves. You may see a wild boar, mongoose or jackal and hear a nightingale or scops-owl.
Luštica Bay
I cannot really talk about Luštica without mentioning Luštica Bay as it is the largest tourism investment in the history of Montenegro.
Luštica Bay was founded in 2008 as a joint venture between Orascom Development and government of Montenegro. It is a luxury waterfront development located on the Luštica Peninsula. This project is based on the principle of safe sustainability and environmental integrity.
I cannot really talk about Luštica without mentioning Luštica Bay as it is the largest tourism investment in the history of Montenegro.
Luštica Bay was founded in 2008 as a joint venture between Orascom Development and government of Montenegro. It is a luxury waterfront development located on the Luštica Peninsula. This project is based on the principle of safe sustainability and environmental integrity.
Lustica Bay covers an area of over 7 million km² and features a new town called Centrale, a variety of residential, commercial, and leisure facilities, including hotels, villas, apartments, marinas, golf courses, and beaches.
The development aims to provide a unique sustainable living experience in one of the most beautiful parts of the Adriatic coast. Luštica Bay is designed to appeal to a diverse range of residents and visitors, from families to retirees, entrepreneurs to artists, and anyone looking for a high-quality lifestyle in a stunning Mediterranean setting.
The development aims to provide a unique sustainable living experience in one of the most beautiful parts of the Adriatic coast. Luštica Bay is designed to appeal to a diverse range of residents and visitors, from families to retirees, entrepreneurs to artists, and anyone looking for a high-quality lifestyle in a stunning Mediterranean setting.
The company has received an award for the best European development at the Luxury Network International Awards in Dubai. In 2013, the architectural design project Luštica Bay received an award from the American Society of Landscape Architects.
I personally have not spent a lot of time at Luštica Bay yet, so it will be interesting to see how it develops over time as all the different area start to be finished and come to life.
I personally have not spent a lot of time at Luštica Bay yet, so it will be interesting to see how it develops over time as all the different area start to be finished and come to life.
When completely finished It will offers the following:
• A new town called Centrale
• More than 500 villas and townhouses
• More than 1000 apartments
• 7 Luxury five star hotels
• Hotel-condominium (apart-hotel)
• SPA-centre
• 2 marinas with mooring and berthing facilities
• 18-hole Gary Player Golf Course with Club Residential Complex
• 5km promenade
• Conference Center
• Spots courts
• Restaurants and shops
• School
• Medical Center
• Police and fire department
• A new town called Centrale
• More than 500 villas and townhouses
• More than 1000 apartments
• 7 Luxury five star hotels
• Hotel-condominium (apart-hotel)
• SPA-centre
• 2 marinas with mooring and berthing facilities
• 18-hole Gary Player Golf Course with Club Residential Complex
• 5km promenade
• Conference Center
• Spots courts
• Restaurants and shops
• School
• Medical Center
• Police and fire department
