Porto Montenegro is a luxury marina and residential village on the coast of Tivat. A destination in itself, the project which opened in 2009 is now a comprehensive resort of retail stores, restaurants, cafes, bars and entertainment all designed to complement its 400 berth superyacht marina and collection of private residences.
Open to the public, but with many exclusive elements such as the Scaramanga nightclub and its Member’s only pool club Porto Montenegro is the chicest hangout for lunch, dinner or an after hours party in Montenegro. In partnership with five-star hospitality brand The Regent, a boutique hotel will open August 2014 offering new high-end spa and wellness facilities, restaurant, bar and cafe.
The genesis of this project came when Porto Montenegro’s primary investors identified an extraordinary opportunity: an overwhelming demand for yacht berths around the Mediterranean. With this, they sought to create a world-class marina that would satisfy the growing shortage of berths, while allowing outside investors to share in the long-term capital appreciation that waterfront property and berths have enjoyed over the past 50 years. And with this, Porto Montenegro was born. Previously a historic naval base, the site’s transformation into a luxury yacht marina has been led by some of the world’s most respected business figures. Headed by Peter Munk, founder and chairman of Barrick Gold, the world’s largest gold mining corporation, many are yachtsmen themselves and bring an extensive array of capital, expertise and contacts to the project. The investor team includes Lord Jacob Rothschild of the UK, Bernard Arnault, founder of luxury conglomerate Louis Vuitton-Moet Hennessey (LVMH) and Oleg Deripaska of Russia.
Visitors have a plethors of fashion boutiques, cafes, bars and restaurants to choose from as well as the option of a visit to the Naval Heritage Collection, a pirate ship childrens playground, sports club, yacht club and water sports in summer. The Lido complex includes a fine dining restaurant and exclusive nightclub.