The Peaks at Luštica Bay

The Peaks sits on the hillside of the Luštica Peninsula, above the Adriatic and the Bay of Kotor, within the 690-hectare Luštica Bay town of which only about ten percent is built. Tivat Airport is about 12 km away, roughly 25 minutes by road. Kotor Old Town is about 13 km. Dubrovnik Airport in Croatia is about 62 km, a drive that crosses an external border, and Podgorica Airport is about 92 km. Tivat is the practical gateway; the Croatian and Podgorica options are longer and border-dependent. The setting is the higher, greener tier of the resort, with sea and golf-course views rather than the waterfront frontage of Marina Village below.

Within Luštica Bay, The Peaks is the golf neighbourhood and the most recently launched, and the highest-priced district. Where Marina Village is the established waterfront heart, home to the marina and The Chedi, and Centrale is the town centre around the Piazza with the lowest entry into the resort, and Horizon is the secluded hillside collection with optional infinity pools, The Peaks is defined by the Gary Player course it wraps. Botanika is its first collection, sitting above the opening golf holes. The Peaks is a district of Luštica Bay, not a separate town: it shares the marina, beaches, dining and hotels of the wider resort while offering golf-and-sea-view living a tier up the hillside.

Luštica Bay is built by Orascom Development Holding, the master developer, through its project company Luštica Development AD, a joint venture owned 90 percent by Orascom and 10 percent by the Government of Montenegro. Orascom Development Holding was incorporated in 2008 and has a long record of building integrated towns from the ground up, among them El Gouna on Egypt's Red Sea coast and Andermatt in the Swiss Alps. That record is the relevant evidence here: this is a developer that delivers whole places over years, not a single building, which matters when a buyer is committing to a neighbourhood still under construction. The golf course is by Gary Player Design, with Steven McFarlane as lead designer, and the Botanika residences are credited to the architecture studio Block722.

Daily life at The Peaks is organised around the golf course and the Adriatic views, with the wider resort a short distance below. The Gary Player championship course is a par-72 layout that runs between 130 and 310 metres of elevation and carries sea views from every hole; three holes and a driving range have been open since spring 2025, with public access from April 2026 and the full eighteen phased in toward 2028 to 2029. Homes have private and communal pools, with private pools on the houses. Residents reach the rest of Luštica Bay's infrastructure within the town: the 115-berth marina, The Chedi hotel, the beaches, and the marina's retail, dining and coastal promenade. After handover, owners can occupy their home or place it in Luštica Bay's rental programme. Architecturally, the homes are contemporary Montenegrin in stone and wood, much of it quarried on site, built for indoor-outdoor living with generous terraces and floor-to-ceiling glazing.