Track record · Herceg Novi · Coastal region

Portonovi

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

Brownfield conversion

Herceg Novi

Invested · Not stated in the guide€835M
JobsAbout 350 in the low season to about 800 at peak
Marina berths238

The deal

Long-term lease with the Government on a former military barracks site in Kumbor.

Developer: Azmont Investments.

  • One&Only Portonovi is the brand's first European property
  • 238-berth marina for vessels up to 140 m
  • Branded residences and a large spa and wellness offer

Brands: One&Only Portonovi

What it proves

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

Check before relying on this

The guide gives no date for this investment figure.

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