Luštica Bay, a leading luxury golf and leisure destination in Montenegro, has announced the launch of The Peaks Townhouses, an exclusive residential collection with views of the Adriatic Sea and the Bay of Kotor.
Offering refined living, rare investment potential, and panoramic views from the peninsula’s highest point, this collection introduces a new era of coastal and golf living combined.
With prices starting at €2.2 million, The Peaks Townhouses represent a limited collection of 11 townhouses. Set within a prime location overlooking the upcoming golf course’s fifth hole, the townhouses offer expansive views, beautifully contrasted by a sense of privacy and seclusion. As part of The Peaks neighbourhood, the townhouses join a select portfolio of residences, including spacious villas and a nearly sold-out collection of apartments.
The Peaks Townhouses are set around a signature 18-hole golf course designed by Gary Player that is set open its first nine holes next year and full completion in 2028. With a commitment to sustainable, site-sensitive development and one of fewer than 10% of courses worldwide to offer sea views from every hole, it spans 86 hectares with a par-72, 6,519-metre layout, navigating dramatic natural gradients of up to 30%. The championship golf course will be complemented by a driving range, clubhouse, and golf academy, .
At the heart of The Peaks lies The ClubHouse – the social and recreational hub of the golf community – offering golf services, expert coaching, a state-of-the-art simulator, and a stylish restaurant that welcomes both residents and visiting guests.
Just moments from the coast and perched above the vibrant town centre, residents of The Peaks Townhouses enjoy convenient access to Luštica Bay’s shops, dining, sports amenities and cultural events, within a thriving, cosmopolitan community home to over 700 families from more than 50 countries.
Designed by internationally acclaimed architect NRA Atelier, the homes blend Mediterranean elegance with regional authenticity, using locally sourced stone and wood to create a timeless, site-specific aesthetic. Inspired by Montenegro’s rich architectural heritage, these sophisticated homes are crafted to seamlessly blend the past with the present, preserving cultural character while embracing modern functionality.
Each residence features three en-suite bedrooms, boasting light-filled, open-plan interiors with warm, earthy finishes. Distinguished by a striking double-height ceiling, expansive glazing seamlessly connects indoor and outdoor living. With spacious gardens ranging from 184 to 590 m², and the largest plot exceeding 1,000 m², every home features a large private pool, with green roof terraces accessible from the master bedroom in select homes. The residences offer a choice of two fitted furniture packages, standard and upgraded, providing a convenient foundation for residents, while allowing flexibility for future interior customization.
Shared outdoor spaces have been carefully crafted, featuring generous terraces, native landscaping, communal seating areas, and fire pits that encourage community and connection, all while remaining rooted in the surrounding natural beauty.
“The Peaks Townhouses mark the highly anticipated return of Luštica Bay’s best-selling residential concept”, said Raphael Krucker, CEO of Luštica Bay. “The limited collection combines architectural elegance with an unrivalled location overlooking both the Adriatic Sea and our future championship golf course. The Peaks offers investors a rare early opportunity to secure premium real estate in the prime destination in the Adriatic.
“In addition to long-term value growth and ownership benefits, this offering delivers a holistic lifestyle experience with access to private pools, expansive terraces, access to the marina and golf course, diverse sports facilities, and a vibrant calendar of social and cultural events shaped by a dynamic and growing international community.”
Lustica Development and Orascom Development Holdings are financing the development on the Lustica Peninsula – where a marina, village and five-star hotel, The Chedi Luštica Bay, are now all complete.
For more details, visit realestate.lusticabay.com/thepeaks