Studio Apartment

Located within the prestigious 5-star The Chedi Luštica Bay, this Grand Deluxe Sea View Residence offers a rare opportunity to acquire a fully managed hospitality investment in one of Montenegro’s most exclusive waterfront destinations. Priced at €395,000, the residence combines luxury ownership, passive income potential, and access to a world-class resort lifestyle in the heart of Luštica Bay Marina. Spanning 47m², the residence is elegantly designed with a spacious bedroom, stylish sitting area, kitchenette, luxurious en-suite bathroom, and a covered terrace overlooking the marina, Adriatic Sea, and the iconic Luštica Bay lighthouse. Large windows fill the interior with natural light, while refined finishes and carefully selected materials create a sophisticated and relaxing atmosphere. The inclusion of a kitchenette also makes the residence suitable for light self-catering and extended personal stays. For 2025, the audited net rental yield to the owner – per the LB Hotels Management ISRS 4400 report prepared by Milovan Popovic, Certified Auditor, Podgorica – was approximately 2.86% at the current asking price. While future capital growth cannot be guaranteed and is not contractually assured, comparable branded residences on the Adriatic operated by internationally recognized hospitality brands such as Aman, Four Seasons, and Belmond have historically demonstrated capital appreciation in the range of approximately 5–7% annually. Should this residence perform in line with similar branded assets, the combined return profile could potentially reach approximately 8–10% per annum. The asset is fully hands-off, with The Chedi Luštica Bay managing bookings, guest services, maintenance, and all day-to-day operations on behalf of the owner. Owners may personally use the residence for up to 30 days per year. Personal use is available throughout ten months of the year, while July and August are reserved by the hotel as part of the peak-season rental inventory. Ownership also provides access to the exceptional facilities and services of The Chedi Luštica Bay, including concierge services, fine dining restaurants, wellness facilities, marina-front promenades, and the vibrant lifestyle that has made Luštica Bay one of the Adriatic’s most desirable destinations. This is an attractive opportunity for both lifestyle buyers and investors seeking a professionally managed luxury asset in a prime coastal location. Price: €395,000