With crystal-clear waters and a dramatic mountain landscape, the Montenegro coastal region is an investment opportunity that outmuscles southern France, Spain and Portugal
Over the last decade, Montenegro’s coastal towns have been developed into high-end destinations by companies from across Europe and the Middle East. This investment has fuelled growth across the property, infrastructure and tourism sector, underpinned by upcoming openings from well-known brands such as One&Only, Ritz Carlton and Four Seasons.
Positioned at the entrance to the Bay of Kotor, Portonovi is the jewel in the crown of the Adriatic. Spread across 26 hectares, with 1.8km of stunning coastline, there are 214 apartments for sale here, including 10 private homes and 50 holiday residences for rent.
Centred around world-class restaurants, wellness facilities, the Portonovi Beach Club by Monument, shops, gardens and the world class Portonovi marina, Europe’s first One&Only resort and Chenot Espace Wellness Centre are set to open here in 2021.
The Marina Residences at Portonovi offer you the chance to own a waterfront holiday home, representing an investment opportunity not to be missed.
Priced from 345,000 euros, these studios and one-, two-, three- and four-bedroom apartments feature Montenegrin craftsmanship infused with Mediterranean and contemporary touches.
Generous apartment sizes see one-bedroom residences providing around 80 square metres of modern living space, while three-bedroom apartments boast over 300 square metres of living space and an outdoor terace.
With swathes of the Mediterranean having been traditional hotspots for holiday homes, the value proposition of owning a home on the Adriatic Riviera should be strongly considered. Montenegro’s property transfer tax, inheritance tax and estate tax are at a highly competitive three per cent. This transfer tax compares favourably to other parts of Europe, such as Portugal, where the rate is 6.5%, and Spain, where it is up to 10%. Tax regimes in the country are among the most competitive in Europe, with a rate of nine per cent applied to company profits, capital gains and personal income.
Portonovi offers a unique rental programme for those wishing to attain an income from their investment. Guests benefit from a 24-hour concierge, in-residence dining and an expert lifestyle team.
The lifestyle is unrivalled, with a gourmet supermarket IDEA, restaurants including Bloom, Perla, Oscars’, GODO gelataria, an Art Gallery, nursery school, beauty salon, gymnasium and private swimming pools. Residents’ favourites include the Maison du Monde, serving the finest French Cognac, and coffee shop Koffein, which transforms into an entertainment lounge with live performances during the evenings.
You can also enjoy hiking, skiing, scuba diving, mountain biking, sailing and kite surfing nearby.
Portonovi is accessible from every corner of the world. After flying into Tivat or Dubrovnik airports, you are just a 45-minute drive from your waterside residence. A helipad at Portonovi will be operational in 2021. Nautical enthusiasts can dock their yacht at the Marina, which has the capacity of 238 berths for yachts up to 120m long and offers duty-free fuel stations.
Montenegro is about discovery and adventure – experience it for yourself by investing in Portonovi.