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Krašići is located on the Luštica peninsula, on the southern shore of the Bay of Tivat in the Bay of Kotor (Boka Kotorska), between the village settlements of Tičići and Radovići. Old Krašići was located at mountain side, a few kilometers from its present location. This place is now called Gornji Krašići (Upper Krašići) or Stari Krašići (Old Krašići) and current village is sometimes called Donji Krašići. The village church has a relief depicting the battle of Lepetane which was taken from the church in the old village. The village has one pier, with a navigational light, which encloses a small harbour; there is one more smaller harbour in the village. The beach is concrete beach with gravel sea floor, with a number of beach bars.