Lucici village

Lucici village is located in the green hills above Herceg Novi, close to the border with Croatia. This 200-year-old picturesque collection of 22 old stone houses and outbuildings benefits from the most spectacular views of the Bay of Kotor and the Adriatic Sea. The unique position and authentic look of Lucici village has attracted companies Pluto Developments and Montenegro Prospects to initiate the restoration of traditional Montenegrin houses and the development of tourism in that location.

In this way, in addition to renovated and luxury facilities, the village will also obtain beautifully landscaped gardens with swimming pools, a wellness center with a steam room and sauna, while retaining its authentic appearance of a traditional Montenegrin architecture made out of original stone from the village and its surroundings. Villas and suites will span from 50 to 130 square meters, while most owners of future houses in Lucici village are expected to be investors from Russia.

For that reason, this unique project in the market of Montenegro has recently been presented at the International Property Show in Moscow (April 8-9).

- The portfolio of Montenegro Prospects agency consists of over 700 property offers, but we have to admit that Lucici village stands out for its uniqueness in the Montenegrin market. The long-lasting trend of villages gradually falling into decline, as villagers leave for the cities, has deprived the Montenegrin coast of its beautiful traditional architecture, which, besides its natural beauty, happens to be one of its best assets that make it so appealing to foreign tourists and investors. This project will turn this trend around, at least in this location, and help Lucici village regain its former glory. We hope to have more similar projects in the future, as we would like them to be the standard rather than an exception - Ivana Vukicevic, property portfolio director at Montenegro Prospect, explained.

This project belongs to the renowned international development company Pluto Developments, which has built a good reputation through successful projects in both Montenegrin and Serbian markets. Montenegro Prospects has been a partner of this firm over the last six years.

- The global economic crisis has made people more cautious about investing in real estate, especially when it comes to objects under construction. For that matter, development companies, such as our partner Pluto Developments, now offer various and fairly new methods of customer protection in the Montenegrin market, with the goal to protect the end-user from any kind of risk - Montenegro Prospects Sales Director Ivan Dasic explains.

Potential investors from the Russian market perceive Montenegro as a very attractive destination in regards to the market prospects and growth, as well as its natural beauty.

About Montenegro Properties

Montenegro Prospects is a leading international real estate agent in Montenegro. It offers the widest selection of property for sale, ranging from off plan developments, houses, villas and apartments to resale properties and land for sale in Montenegro. Montenegro Prospects is the only estate agency in Montenegro to have been accepted as a member of the Association of International Property Professionals (AIPP) and voluntarily abides by their strict code of conduct.

Pluto Developments was founded by two British entrepreneurs after a business trip to Montenegro in 2004. Knowing that where tourists begin to go, property investors soon follow, they established an office in Montenegro employing local, Russian and British staff.

Pluto Developments has been constructing award-winning residential properties, primarily situated on the spectacular Montenegro coastline, since 2005.