Luxury 1BR Open Seaview Apartment | Lustica Bay
Luštica Bay | Iris Residence I202 | Studio with Private Outdoor Living
Positioned within the prestigious Marina Village Iris Residence at Luštica Bay, this fully furnished studio apartment represents a refined entry point into one of the Adriatic’s most curated lifestyle destinations. Nestled above Trašte Bay, the residence captures uninterrupted Adriatic sea views and a seamless blend of coastal elegance and resort infrastructure.
The apartment is designed with a functional open-plan living concept, integrating a fully equipped kitchen, dining, and lounge area, complemented by a comfortable sleeping zone with en-suite bathroom. Delivered fully furnished and turnkey, the unit is ready for immediate occupancy or rental activation.
A key differentiator is the generous private outdoor space, combining terrace and yard elements—an increasingly rare feature for studio units—offering an extended living environment ideal for relaxation, dining, and premium guest experience.
Lifestyle & Resort Infrastructure
Ownership within Luštica Bay provides access to a fully integrated coastal ecosystem, including:
- Private beaches with reserved access
- Multiple swimming pools and beach clubs
- The Marina Village promenade with restaurants, cafés, and retail
- 18-hole championship golf course (The Peaks) – a future anchor for year-round demand
- Wellness, sports, and outdoor recreation facilities
- Managed hospitality services including housekeeping and rental support
This positions the asset not only as a residence, but as a lifestyle-backed investment within a controlled, master-planned environment.
Investment Positioning
This unit aligns strongly with Ibexmont’s core acquisition criteria:
- High rental liquidity driven by resort branding and infrastructure
- Strong seasonal and shoulder demand supported by marina and golf tourism
- Turnkey condition enabling immediate yield generation
- Lower entry price point with outsized rental efficiency per m²
- Scarcity factor due to private outdoor space in a studio format
Luštica Bay continues to evolve as a destination-led investment market, where controlled development, infrastructure delivery, and international positioning underpin long-term capital appreciation.
Key Highlights
- Apartment | Approx. 38.5 m² internal + 14 m² private large terrace
- Fully furnished | Move-in ready
- Sea views | Open-plan layout
- Large private terrace/yard (rare for unit type)
- Access to private beach, pools & resort services
- Golf course proximity (The Peaks)
- Strong short-term rental potential
- Parking
- Elevator
- Pool
- Air Conditioning
- Terrace
- Security/Alarm
- Video Surveillance
- Gym/Fitness
- Washing Machine
- Dishwasher
- Internet/WiFi
- Cable TV
- Equipped Kitchen
- Sea View
- Mountain View
1 Bedroom
1 Bathroom
1 Terrace
1 Kitchen
IBEXMONT INVESTMENT OVERVIEW
Asset Positioning
- Entry-level unit within Luštica Bay’s branded ecosystem
- Studio optimised for high rental efficiency per m²
- Value uplift from rare private terrace + yard
Demand Drivers
- Marina and beach tourism (core season)
- Golf course (The Peaks) extending occupancy
- Controlled resort environment → premium tenant profile
Yield Strategy
- Primary: Short-term rental (turnkey + managed option)
- Strong ADR supported by:
- Sea views
- Outdoor living space
- Full resort access
Capital Upside
- Ongoing development phases → natural appreciation curve
- Infrastructure-led growth (marina, golf, Centrale)
- International demand + limited premium coastal supply
Risk Profile
- Managed resort reduces operational friction
- Smaller ticket size → strong resale liquidity
- Established destination with consistent demand
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