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The best resort on the Adriatic: Bokokotor Bay, where celebrities compete to buy real estate here.

The best resort on the Adriatic: Bokokotor Bay, where celebrities compete to buy real estate here.

The best resort on the Adriatic: Bokokotor Bay, where celebrities compete to buy real estate here.

Every year Montenegro's real estate market is flourishing, and because of its mild climate and natural beauty it is increasingly being called the new Mediterranean. More and more buyers and investors are choosing this country because of its combination of charm, attractive conditions, simplified purchase procedures and, of course, return on investment. The popularity among investors is evidenced by data from the Central Bank of Montenegro, which shows that foreign nationals purchased up to 448 million euros worth of real estate last year alone, the majority of which were on the coast, including the luxurious settlement of Portonovi in the Bay of Bokokotor. Due to the peace and privacy it offers, many celebrities from the region choose to spend their free time here and often decide to invest in real estate at this very address.

Why Portonovi?

In close proximity to Herceg Novi, which, according to a study by cruise company Fred. Olsen Cruise Lines ranked sixth among the best seaside towns in the world, Portonovi is one of the most attractive places in Montenegro, where a modern lifestyle blends harmoniously with the Mediterranean spirit and rich Montenegrin tradition. This exclusive place, functioning as a resort, offers excellent accessibility from both sea and land and stands out for its ideal location. An additional advantage are the two international airports in the immediate vicinity. In this tranquil luxury village, everything you need to fully enjoy life by the sea all year round is at your fingertips - from excellent restaurants, cafes, stores and bars to tennis courts, numerous swimming pools and wellness centers.

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All these benefits ensure that even if you one day decide to sell your property in Portonovi, you can expect to fetch a high price in the market. In the last two years Portonovi has become a destination for people from all over the world, and besides the increase in the number of visitors (even 30% more this year compared to 2022), there is also an increased interest of buyers who choose this resort precisely because of its attractiveness both for living and investment.

The modern Marina apartments are located directly on the coast, providing direct access to Portonovo Marina, while Sky villas include spacious penthouses with private terraces offering unique views of the entire bay and Mount Lovcen. A few steps from the sea are the residences within the village, combining Mediterranean, Venetian and Montenegrin motifs, making them a dream to live in... Regardless of which residence you choose, you won't go wrong. Beyond the aesthetic appeal, however, living in coastal communities brings additional benefits. Everything is accessible on foot, without the need for a car or the stress of finding parking like in most major cities. It is also well known that activities such as relaxing on the beach, swimming and enjoying the sunshine and fresh air have a positive impact on mental and physical health. The number of buyers in Portonovi is only increasing year on year - apart from the beautiful nature, the many advantages of investing in this location, including the guaranteed high value and constant demand, are just some of the reasons why this corner of tranquillity is becoming a more attractive place to live every month.

Source: BIZLife

Photo: Portonovi

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