Sale, one bedroom apartment, 47m², Luštica Bay, Tivat

Property ID: 86538

A fully furnished one-bedroom branded residence is available for sale within the five-star The Chedi Luštica Bay, Montenegro’s flagship marina resort near Tivat.

Suite offers 47 m² of living space, sea views, hotel services, and participation in a professionally managed pooled-rental programme. It is designed primarily as a hands-off hospitality investment with limited annual owner use.

Property Overview

Price: €395,000

Residence: The Chedi Luštica Bay

Location: Radovići, Tivat

Living Area: 47 m²

Bedrooms: 1

Bathrooms: 1

Year Built: 2018

View: Sea view

Condition: Fully furnished and turnkey

Management: Hotel-managed rental programme

Title: Clean and ready for due diligence

Owner Use: Up to 30 days annually

Hotel-Managed Rental Model

The residence participates in a pooled-rental programme operated through the hotel.

Key terms include:

Owner receives 20.72% of gross room revenue

No guaranteed return

Professional hotel management

Up to 30 days of personal use annually

July and August reserved for hotel rental operations

Peak-season revenue remains within the rental pool

This structure is best suited to investors seeking professionally managed rental income rather than unrestricted use as a conventional holiday apartment.

Historical Income Performance

According to the supplied financial figures prepared under ISRS 4400 agreed-upon procedures by LB Hotels Management:

Reported owner net income: €11,284.71

Purchase price: €395,000

Historical net yield: Approximately 2.86%

These figures relate to the relevant reporting period and represent historical performance, not a guaranteed future return. Full rental statements and supporting documents are available for due diligence.

Five-Star Branded Residence

Ownership provides a turnkey property within an internationally positioned five-star hotel environment.

The residence benefits from access to the wider resort offering, including:

Hotel services

Marina

Beaches

Restaurants and cafés

Spa and wellness facilities

Landscaped public areas

Resort infrastructure

Future golf facilities within the master plan

Investment Rationale

The property combines several characteristics that are difficult to replicate in the wider market:

Five-star Chedi branding

Professional GHM hotel management

Limited hotel inventory of approximately 111 keys

Established pooled-rental programme

Turnkey furniture and equipment

Marina resort location

Restricted supply of branded residences

Ongoing Luštica Bay master-plan development

Luštica Bay is an Orascom Development destination with a long-term master plan valued at approximately €1.1 billion, encompassing residential neighborhoods, marina infrastructure, beaches, hospitality, retail, leisure facilities, and golf.

Capital Appreciation Potential

The investment case is supported by the limited supply of branded hotel residences, continued development of Luštica Bay, and growing international demand for premium Adriatic real estate.

Potential future appreciation should be considered separately from rental income and is not guaranteed. Buyers should independently assess market forecasts, future resort phases, operating terms, and Montenegro’s EU accession outlook during due diligence.

Prime Location – Luštica Bay

The Chedi is positioned at the heart of Luštica Bay, with direct access to the marina and resort amenities.

Nearby:

Luštica Bay Marina

Beaches and waterfront promenade

Restaurants and cafés

Spa and wellness facilities

Tivat International Airport

Porto Montenegro

Bay of Kotor

Due-Diligence Package

Available upon request:

Full photo collection

Floor plan

Rental programme documentation

Historical income figures

Revenue-share information

Ownership documentation

Supporting due-diligence materials

Why Invest in This Residence?

✔ Five-star Chedi branded residence
✔ Professionally managed rental programme
✔ Fully furnished and turnkey
✔ Sea view
✔ Historical income documentation available
✔ Limited annual owner-use option
✔ Marina, beaches, restaurants, and hotel services
✔ Clean title and ready for due diligence
✔ Prime Luštica Bay location

FAQ – The Chedi Residence

1) What is being offered for sale?
A 47 m² one-bedroom branded residence inside The Chedi Luštica Bay.

2) What is the asking price?
€395,000.

3) Is the residence furnished?
Yes, it is sold fully furnished and turnkey.

4) Is it managed by the hotel?
Yes, it participates in a professionally managed pooled-rental programme.

5) What revenue share does the owner receive?
The owner receives 20.72% of gross room revenue under the supplied programme terms.

6) Is the return guaranteed?
No. Income depends on hotel performance and the applicable rental-pool terms.

7) What historical income was reported?
€11,284.71 for the supplied reporting period, equivalent to approximately 2.86% of the €395,000 purchase price.

8) Can the owner use the residence personally?
Yes, for up to 30 days annually.

9) Can the owner stay during July and August?
No. Under the supplied terms, these peak-season months are reserved for hotel operations.

10) Are financial and legal documents available?
Yes, rental figures, floor plans, photographs, and due-diligence documents are available upon request.

Features / Features: Air Conditioning, Dryer, Fully Furnished, Gym, Laundry, Microwave, Outdoor Shower, Parking, Reception, Refrigerator, Sauna, Swimming Pool, TV Cable, Washer, WiFi, Window Coverings.