Luštica Bay in Montenegro, a £1.5bn golf, marina and property resort owned by Orascom Development Holding, has launched the venue’s first golf residences, The Peaks
Designed by Greek architecture firm Block722, in collaboration with local design company NRA Atelier, The Peaks showcases stunning architecture that seamlessly blends authentic Mediterranean influences with modern amenities. Drawing inspiration from the architecture of the region’s traditional fishing villages, the architecture exudes charm and elegance, providing residents with contemporary comforts.
Darren Turner, Director of Development at Luštica Bay said: “We are excited to introduce The Peaks, an exceptional property offer that represents a significant investment opportunity in an unparalleled majestic location. As the country’s first golf residences, The Peaks will not only elevate the living experience but will also reinforce Montenegro as a premier luxury destination.”
Turner added: “With its remarkable contemporary coastal Adriatic architectural design and stunning views, The Peaks offers a unique opportunity for investors seeking to capitalise on Montenegro’s thriving real estate market. The project’s strategic location, combined with the strong capital appreciation of Montenegrin property, distinguishes The Peaks as a compelling choice for discerning investors looking for exceptional returns and long-term growth potential all whilst enjoying the outstanding amenities of our growing luxury destination.”
Botanika, the first neighbourhood within The Peaks, features a collection of apartments, townhouses, and villas. The location of Botanika ensures privacy and seclusion whilst offering proximity to Centrale, Luštica Bay’s vibrant town centre. Surrounded by lush greenery and breath-taking views, Botanika epitomises tranquillity and serenity.
With its elevated position between Boka Bay and the Adriatic Sea, The Peaks’ 18-hole golf course boasts an unrivalled setting with picturesque vistas in every direction. Designed by Gary Player Design, who are renowned for their ecological approach, the course seamlessly blends with its natural surroundings, creating a harmonious fusion between nature and sport. Each hole has been thoughtfully crafted to maximise the beauty of the landscape, providing golfers with a unique and unforgettable experience.
The entire Lustica Bay resort, which is scheduled for completion in 2030, will ultimately feature seven hotels, hundreds of houses, a school, a hospital and and a variety of shops, as well the golf course. The first stage — a small marina and a new Chedi hotel – opened last summer
Source: Golf Business News
