Track record

Built, open and trading

Five projects show how international capital has already been deployed in Montenegro: a shipyard turned superyacht marina, a new coastal town, a resort on former barracks, a mountain anchor and a hotel revival. Together they account for more than €2.64bn of investment.

Porto Montenegro, Tivat

Porto Montenegro marina with superyachts
Porto Montenegro, Tivat

Brownfield conversion · Tivat

Porto Montenegro

A decommissioned state military shipyard can become a globally branded destination, and the asset can later attract a sovereign institutional buyer.

€1.03bninvested · December 2025
332jobs
515berths

Regent Porto Montenegro

Herceg Novi and the bay from Kanli Kula fortress
Herceg Novi

Brownfield conversion · Herceg Novi

Portonovi

Montenegro can attract both marquee hotel brands and the patient, sovereign-linked capital needed to deliver them.

€835Minvested · Not stated in the guide
238berths

Jobs: About 350 in the low season to about 800 at peak

One&Only Portonovi

Rocky coastline of the Luštica peninsula
Luštica peninsula

Greenfield · Tivat

LušticaBay

A long-term lease can underwrite a master-planned development programme that runs over several decades.

€712.1Minvested · December 2025
577jobs
115berths

The Chedi LušticaBay · Centrale LušticaBay by Angsana

Chairlift at Kolašin 1600 ski resort in summer
Kolašin 1600

Mountain anchor · Kolašin

Kolašin 1600

One anchor investment paired with public ski infrastructure can seed a whole alpine destination outside the coast.

€30Minvested · Not stated in the guide
About 70jobs

Swissôtel Resort Kolašin

Ulcinj old town walls from the sea
Ulcinj Old Town

Hotel reconstruction · Ulcinj

Ulcinjska Rivijera (Karisma Hotels)

Ageing state-owned hotels can be revived through lease plus international management, a model relevant to several open sites.

€28Minvested · December 2025
82jobs

Karisma Hotels