Luštica Bay is a new luxury tourist resort, on the part of the peninsula with the same name, near Trašte Bay, which belongs to the municipality of Tivat. Conceived as a combination of a modern city and a traditional fishing village typical of this area. Construction began in 2008 as a joint venture between the Swiss Orascom Development Holding (90%) and the Government of Montenegro (10%), and when the investment of over one billion euros is completed, the settlement will include 7 high-class hotels, more than 500 villas, 1,000 apartments, two marinas, a promenade 4.9 km long, a professional golf course with 18 holes signed by Gary Player, shopping centers, other commercial and catering facilities, beaches, a school, a health center, recreational and spa facilities, … There will be home to thousands of residents, with luxurious and modern infrastructure based on ecology and sustainable development.
