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 separated 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 the Municipality of Herceg Novi.
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 separated 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 the Municipality of Herceg Novi.
These ruins were located in the very old part of Zabrdje called Mitrovići, which the locals abandoned in 1950's and 1960's, when Tito aimed to transform the country into an industrial power and encouraging people to move to the larger towns and cities.
Some residents continued to use their old homes occasionally for leisure, but after the structural damage caused by the 1979 earthquake, that became impossible. These very old traditional villas were built in the 17th century, long before anyone considered buildings to withstand earthquakes.
After Tito's death in 1980, people slowly began returning to the area. The Montenegrins built themselves more modern, earthquake-proof homes right next to the old, damaged stone villages they had abandoned many years earlier.
Some residents continued to use their old homes occasionally for leisure, but after the structural damage caused by the 1979 earthquake, that became impossible. These very old traditional villas were built in the 17th century, long before anyone considered buildings to withstand earthquakes.
After Tito's death in 1980, people slowly began returning to the area. The Montenegrins built themselves more modern, earthquake-proof homes right next to the old, damaged stone villages they had abandoned many years earlier.
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 stretches 13 km in length. It was properly connected to the rest of the mainland in the 1970's, when a paved road was built by the military.
It is arguably one of the loveliest and most unspoilt parts of the Montenegrin coast, still managing to retain the essence of unspoiled natural beauty, simplicity, and the calm of how things used to be.
The warm Mediterranean climate supports a rich, dense vegetation, with terraces of olive groves interspersed with pine forests. Pomegranate, strawberry, and fig trees are also grown in abundance. Its rocky and sandy shores are home to dozens of charming small beaches and coves.
I've seen, and at night, heard, jackals calling to one another, along with the songs of nightingale and the calls of scops owls. Tortoises can often be spotted slowly crossing the narrow, winding roads, while mongoose dart about and wild boar roam deep within the thick vegetation.
Luštica has an area of 47 km² and stretches 13 km in length. It was properly connected to the rest of the mainland in the 1970's, when a paved road was built by the military.
It is arguably one of the loveliest and most unspoilt parts of the Montenegrin coast, still managing to retain the essence of unspoiled natural beauty, simplicity, and the calm of how things used to be.
The warm Mediterranean climate supports a rich, dense vegetation, with terraces of olive groves interspersed with pine forests. Pomegranate, strawberry, and fig trees are also grown in abundance. Its rocky and sandy shores are home to dozens of charming small beaches and coves.
I've seen, and at night, heard, jackals calling to one another, along with the songs of nightingale and the calls of scops owls. Tortoises can often be spotted slowly crossing the narrow, winding roads, while mongoose dart about and wild boar roam deep within the thick vegetation.
Luštica Bay
I can't really talk about Luštica without mentioning Luštica Bay, as it is the largest tourism investment in Montenegro's history.
Luštica Bay was founded in 2008 as a joint venture between Orascom Development and the 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 can't really talk about Luštica without mentioning Luštica Bay, as it is the largest tourism investment in Montenegro's history.
Luštica Bay was founded in 2008 as a joint venture between Orascom Development and the 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 m² 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 was honoured with an award from the American Society of Landscape Architects.
I personally haven't 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 areas are completed and come to life.
I personally haven't 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 areas are completed 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 1,000 apartments
• Seven Luxury five star hotels
• Hotel-condominium (apart-hotel)
• SPA-centre
• Two marinas with mooring and berthing facilities
• 18-hole Gary Player Golf Course with Club Residential Complex
• 5 km 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 1,000 apartments
• Seven Luxury five star hotels
• Hotel-condominium (apart-hotel)
• SPA-centre
• Two marinas with mooring and berthing facilities
• 18-hole Gary Player Golf Course with Club Residential Complex
• 5 km promenade
• Conference Center
• Spots courts
• Restaurants and shops
• School
• Medical Center
• Police and fire department
