Registry Collection adds Montenegro's Lustica Bay
Luštica Bay’s 690 hectares are being transformed to operate a sustainable tourism model in partnership with the Government of Montenegro.
On completion of the first phase, Luštica Bay will feature a range of high-specification real estate comprising more than 300 apartments, from studios to three-bedroom penthouses as well as 14 townhouses and four bespoke villas. Features will include a 176-berth marina, a 300-key marina hotel, a boutique hotel, a range of fine dining restaurants, cafés, shops, and an 18-hole Championship Gary Player golf course.
Ihab Kamel, CEO of Luštica Bay, said: "We pride ourselves on building real estate of the highest quality and offering our homeowners an unparalleled lifestyle to set our product apart from our competition within the luxury overseas home market. Providing a membership to The Registry Collection, with its many lifestyle benefits, greatly strengthens the appeal of our offering to our international clients. Additionally, the flexibility that comes with being a member of The Registry Collection will enable our owners to get even greater value from their purchase.”
“We are delighted to welcome Orascom’s Luštica Bay resort into our luxury exchange programme, as it will deliver on all counts," said Matt Holmes, new business development manager for The Registry Collection in Europe. "The resort’s individual residences are built to a high-quality specification and are quite unique, having the advantage of being integrated into a resort town infrastructure designed as a leisure playground. We know our members will love travelling to the resort, which is in one of the world’s most beautiful but lesser known holiday destinations. We are confident that Luštica Bay owners will also be equally delighted with the quality and choice of accommodations now accessible to them.”
“We want to offer support to Orascom by helping drive sales within their resorts, as well as increasing owner satisfaction by making some amazing alternative holiday options available to their owners," Holmes continued. "An additional perk of membership with The Registry Collection is that these owners can enjoy the exchange and lifestyle benefits of the programme even before they get the keys to their own properties. This creates the ultimate incentive for their purchase during the construction phase,” added Holmes.