According to predictions from the World Travel and Tourism Council, the average annual rate of growth in Travel & Tourism investment in Montenegro between 2011 and 2021 will be higher than any other country in the world.
Often referred to as the Hidden Pearl of the Mediterranean, Montenegro is rich with natural wealth and beauty, clear lakes, wild rivers and stunning mountains. It also benefits from being much less condensed than other Mediterranean hotspots and is also kinder on the wallet in comparison.
Seizing this opportunity, leading community developers Orascom Development Holding has embarked upon a joint project with the Government of Montenegro in transforming Luštica Bay into a major new luxury destination. It will feature a state-of-the-art marina beach club and village, the country’s first 18-hole golf course, boutique hotels, elegant shops, gourmet restaurants and a range of locally inspired residential apartments and villas.
The development has an ecological focus with architecture paying homage to the rich culture of the surrounding landscape constructed using indigenous materials which represents a seamless symbiosis between natural beauty and contemporary luxury living. Residential sales are now being accepted at Luštica Bay which has convenient connections to Tivat airport and Dubrovnik which are 15 and 90 minute drives respectively.
For more information on Luštica Bay, visit the website.