Porto Montenegro (E-65, Tivat) — born out of the vision of its chief investor (Canadian businessman and former chairman of Barrick Gold, Peter Munk), the recently-opened Porto Montenegro’s marina – located just 15 minutes via car west of Kotor — utilizes the existing infrastructure of the former Yugoslav naval facility, upon which it is built. Currently offering 400 berths for yachts 12-180m, it is planned by completion to offer 850, of which 350 will be specifically for superyachts – the largest offering in Europe.
Complemented by five private residential buildings, totaling 130 apartments of which all are sold, a five-star Regent Hotel and Residences, shops, restaurants, sports and leisure facilities, Porto Montenegro has attracted a vibrant year-round international community. Press reports predict that it is already starting to attract much of the same crowd that frequents Mediterranean playgrounds for the wealthy, such as Monaco, Saint-Tropez and Costa de Sol (Spain). Boat owners interested in docking at Porto Montenegro can find more info on its website: www.portomontenegro.com