Centrale at Luštica Bay

Centrale introduces an entirely new concept to Montenegrin coastal development—a purpose-built town center that functions as both residential community and commercial hub. Unlike traditional resort developments, Centrale creates a genuine urban environment where residents can live, work, and play within a cohesive Mediterranean setting. The development's innovative approach establishes Montenegro's first year-round coastal community designed for permanent residents alongside vacation homeowners.

Urban Planning Excellence

The masterplan encompasses 95,000 square meters of residential space integrated with 20,000 square meters of public areas, creating optimal density while maintaining Mediterranean village character. The layout prioritizes pedestrian movement through interconnected sidewalks, cycling paths, and vehicle-free zones that encourage community interaction and sustainable living.

Key Infrastructure Elements:

• Central Piazza serving as the community focal point
• Pedestrian-only streets with traditional Mediterranean architecture
• Comprehensive cycling infrastructure with secure storage
• Professional landscaping featuring native olive and lemon trees
• Integrated parking solutions maintaining aesthetic harmony

Comprehensive Community Amenities

Educational and Healthcare Facilities:

• International school accommodating up to 180 students
• Private healthcare center with emergency services
• Planned hospital facility for comprehensive medical care
• Community center for cultural and social programming

Commercial and Retail:

• Diverse shopping mall with international and local brands
• Boutique galleries featuring regional artists
• Supermarket and essential services within walking distance
• Restaurants ranging from casual dining to fine cuisine

Sports and Recreation:

• Modern sports village with professional facilities
• Outdoor gym and bocce courts in landscaped parks
• Tennis and paddle courts available for resident use
• Direct connectivity to Luštica Bay golf course

Heights Collection - Premium Residential Offering

The Heights collection represents Centrale's premier residential phase, positioned between the vibrant town center and Montenegro's first championship golf course. These residences offer the perfect balance of urban convenience and natural tranquility.

Architectural Design:

• Traditional Adriatic architecture with contemporary interiors
• Floor-to-ceiling windows maximizing natural light
• Private balconies, terraces, and courtyard gardens
• Open-plan living spaces optimized for Mediterranean lifestyle
• Premium finishes including natural stone and sustainable materials

Residence Specifications:

• Studios (from 44m²): Efficient layouts with integrated living areas and private outdoor spaces
• 1-Bedroom Apartments (from 66m²): Spacious designs with dedicated work areas and generous terraces
• 2-Bedroom Apartments (from 85m²): Family-oriented layouts with multiple outdoor areas and flexible spaces
• 3-Bedroom Apartments (from 110m²): Premium residences with enhanced specifications and superior positioning

Community Integration and Connectivity

Transportation and Access:

• Dedicated shuttle service connecting to Marina Village beaches
• Professional concierge services for resident transportation
• Bicycle rental programs with guided tours
• Electric vehicle charging stations throughout development

Beach and Marina Access:

• Priority reservations at four Luštica Bay beaches
• Exclusive access to private beach areas
• Marina berth availability with resident privileges
• Water sports equipment and instruction programs

Investment Context and Market Positioning

Centrale enters the market during Montenegro's strongest economic period, with 3.7% GDP growth in 2024 and €463 million in foreign real estate investment in 2023. The development's town center concept addresses growing demand for year-round coastal communities that function beyond traditional seasonal patterns.

Market Advantages:

• First-mover advantage in integrated town center development
• Growing demand for permanent coastal residences
• Montenegro's EU candidacy providing long-term appreciation potential
• Established Luštica Bay infrastructure eliminating development risks

Lifestyle and Cultural Programming

Community Events and Activities:

• Regular festivals in the central Piazza
• Seasonal markets featuring local producers
• Cultural programming including concerts and art exhibitions
• Sports leagues and recreational tournaments

Dining and Entertainment:

• Diverse restaurant collection from casual to fine dining
• Java Caffe for premium coffee and social gathering
• Luča restaurant featuring traditional Montenegrin cuisine
• Bars and lounges for evening entertainment

Sustainable Development Principles

Centrale adheres to LEED Silver Certificate standards, incorporating environmental sustainability throughout the development process:

Environmental Features:

• Energy-efficient building systems throughout
• Native vegetation preservation and enhancement
• Sustainable water management systems
• Renewable energy integration where possible
• Waste reduction and recycling programs

Developer Track Record and Quality Assurance

Orascom Development brings 31 years of international experience, having delivered nine vibrant communities across seven countries. Their commitment to Luštica Bay includes €400 million invested to date from the planned €1.5 billion total investment—the largest single investment in Montenegro's history.

Property Location Information:

Strategic Peninsula Position:Centrale occupies the geographic and cultural heart of Luštica Bay, serving as the primary connection point between Marina Village and The Peaks golf development. This central positioning provides residents with immediate access to all resort amenities while maintaining the convenience of urban living.

Transportation and Regional Access:The development benefits from comprehensive transportation infrastructure:

• Tivat Airport: 25 minutes via shuttle or private vehicle
• Dubrovnik Airport: 45 minutes for international connections
• Podgorica Airport: 1 hour for European and regional flights

Regular shuttle services connect Centrale to Marina Village beaches and amenities, while professional concierge services arrange transportation for residents throughout the region.

Regional Development Context:Montenegro's infrastructure investment program continues enhancing regional connectivity while preserving natural beauty. The country's NATO membership and EU candidacy status provide political stability that supports long-term property investment confidence.

Local Environment and Cultural Integration:Centrale's design reflects authentic Mediterranean architecture while incorporating modern amenities and sustainable practices. The development's integration with traditional Montenegrin culture creates genuine community character that attracts both international residents and local families.

The planned population of 3,500 during peak summer months, with 1,000 permanent residents year-round, creates the critical mass necessary for sustainable commercial operations while maintaining intimate community character.

Cultural and Historical Context:The broader Luštica Peninsula features centuries-old olive groves, traditional stone villages, and protected coastal areas that government regulations preserve. This environmental and cultural protection ensures Centrale's setting remains authentic while supporting long-term property values.

Montenegro's favorable investment climate includes full foreign ownership rights, residency permit eligibility for property purchasers, and no restrictions on rental income—factors that support both lifestyle and investment objectives.

Payment Structure and Ownership

Flexible Financing Options:

• 20% down payment upon spa signing
• 80% balance in 16 equal quarterly installments (interest-free)
• International bank financing available for qualified buyers
• Customization options available during construction phase

Ownership Benefits:

• Full freehold ownership with complete foreign investor rights
• Residency permit eligibility for property purchasers
• No restrictions on rental income or property resale
• Professional property management services available

Development Timeline and Delivery

Construction Phases:

• Phase 1: Core infrastructure and initial residences
• Phase 2: School, healthcare center, and commercial expansion
• Phase 3: Sports village and additional amenities
• Heights Collection: Available for immediate reservation

Quality Standards:

• International construction oversight and quality control
• Premium materials and finishes throughout
• Comprehensive warranty and after-sales service
• Professional project management ensuring timely delivery