Porto Montenegro: Super Yachts and Prime Real Estate

Set within the UNESCO-protected Bay of Kotor, Porto Montenegro is emerging as a top-tier destination for the global elite. This former Austro-Hungarian naval base has been transformed into a luxury lifestyle destination that integrates world-class yachting, high-end real estate, and sustainable investment opportunities. Once completed, Porto Montenegro will feature five distinct neighborhoods, each designed to enhance its status as a premier destination for centi-millionaires.

Marina of global distinction

Porto Montenegro’s marina, the Mediterranean’s first to receive the prestigious Yacht Harbour Association (TYHA) Platinum Marina award, sets the standard for the world’s best superyacht destinations. With 460 berths, accommodating vessels up to 250 meters, and plans for an additional 400, it draws centi-millionaires and ultra-high-net-worth individuals as a key stop on the Mediterranean summer route. Superyachts valued at over USD 100 million frequently dock here alongside luxury residences that range from EUR 500,000 to over EUR 5 million.

Twice named TYHA’s Superyacht Marina of the Year and accredited as a 5 Gold Anchor marina, Porto Montenegro offers unparalleled services. It also leads in sustainability, with solar panels, electric vehicles, and a partnership with the Seabin project to combat marine pollution.

Visionary real estate development

Following the success of South Village, which combines residential, commercial, and hospitality spaces, the forthcoming Boka Place development, featuring the SIRO brand by Kerzner International, emphasizes wellness, luxury amenities, and green spaces. The next phase, Synchro Yards, will offer a blend of residential, commercial, and recreational spaces.

Porto Montenegro’s real estate market continues to thrive, with property prices doubling over the past seven years in Tivat and the surrounding areas. Porto Montenegro has experienced a 27% rise in average property values between 2019 and 2022, and a 30% increase in resale prices in 2022 alone, underscoring the robust investment climate.

Economic momentum

Montenegro’s economic landscape significantly enhances Porto Montenegro’s appeal. Over the past decade, GDP per capita has surged by 67%, driven by tourism and rising foreign investment. Recent adjustments, such as reduced property transfer taxes, have further fueled demand in the luxury real estate sector. With a tiered rate of 9% to 15% on personal and corporate income, 15% capital gains tax, and no wealth taxes, Montenegro offers a highly competitive tax environment for investors. Additionally, streamlined processes for establishing Limited Liability Companies and ongoing infrastructure developments, such as the Bar-Boljare highway, make it easier than ever for investors to capitalize on the country’s booming market.

Strategic location and connectivity

Porto Montenegro offers easy access to major European cities and the Mediterranean Sea. With convenient air and road connections and its proximity to key Adriatic ports, the marina is ideally positioned for both European travel and maritime exploration. This blend of geographical advantage and luxury amenities makes Porto Montenegro an exceptional base for yacht owners and investors.

A magnet for the super-rich

According to New World Wealth data, as of June 2024, Montenegro boasts over 2,800 millionaires and 15 centi-millionaires. The blend of luxury living and promising investment opportunities on offer in the Southeastern European country is a compelling proposition for those seeking both opulence and financial returns. Moreover, Montenegro’s investor-friendly policies offer significant incentives for long-term investment, including the option for foreign nationals to obtain temporary and permanent residence through real estate investment.

Porto Montenegro stands out as a beacon of luxury, sustainability, and investment potential in the Mediterranean. With its state-of-the-art marina, visionary real estate projects, and unwavering commitment to environmental stewardship, Porto Montenegro offers a unique opportunity for discerning investors and high-net-worth individuals who seek both a refined lifestyle and substantial financial rewards.