A wholly owned subsidiary of the Investment Corporation of Dubai specializing in international waterfront community developments, most notably Porto Montenegro in Tivat, Montenegro.
2006
Founded
Off-plan properties in Porto Montenegro
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Area Overview
Description
Porto Montenegro is a 28-hectare mixed-use luxury waterfront destination and superyacht marina in Tivat on the Bay of Kotor. Developed by Adriatic Marinas on the site of a former Yugoslav naval submarine yard, the masterplan encompasses six residential areas totaling around 750 luxury units, alongside the Regent Porto Montenegro hotel, Pool Club Residences, a high-end retail village, and Knightsbridge Schools International. The marina accommodates over 450 berths, including spaces for the world’s largest mega-yachts. Full freehold ownership is available to international buyers, supporting Montenegrin temporary residency.
Infrastructure
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A world-class superyacht marina resort in Tivat, Montenegro, located 5 minutes from Tivat International Airport.
• Tivat International Airport (5 min drive) — airport connecting directly to major European hubs
• Adriatic Highway (2 min drive) — coastal highway linking Boka Bay to Kotor and Budva
• Porto Montenegro Marina (1 min walk) — 450-berth deep-water marina accommodating yachts up to 250m
• Tivat Airport: 5 min
• Old Town Kotor: 12 min
• Budva Old Town: 25 min
• Podgorica Airport: 85 min
• Dubrovnik Airport: 48 km
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Home to an international school, offering high appeal for foreign property investors and expat families.
• Knightsbridge Schools International Montenegro (3 min drive) — IB World School for ages 3-18
• Arcadia Academy Tivat (8 min drive) — Cambridge international school campus
• Music School Tivat (5 min drive) — specialized classical music academy
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Healthcare is supported by private day clinics inside the complex and Tivat municipal hospital.
• Mansa Medical Center (3 min walk) — private multi-specialty day clinic inside Porto Montenegro
• Tivat Health Center (Dom Zdravlja) (5 min drive) — municipal public healthcare facility
• Kotor General Hospital (12 min drive) — regional government tertiary hospital
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Historic Orthodox and Catholic places of worship serve the Tivat coastal municipality.
• St. Sava Church Tivat (5 min drive) — prominent Orthodox church in central Tivat
• St. Roch Church (5 min drive) — historic Catholic church in Donja Lastva
• St. John’s Church Kotor (12 min drive) — historic cathedral in UNESCO Old Town Kotor
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A premier luxury shopping destination featuring flagship fashion houses, luxury watchmakers, and organic markets.
• Porto Montenegro Fashion Gallery (1 min walk) — luxury retail promenade with Dior, Rolex, and Boss
• Boka Place Retail District (3 min walk) — lifestyle shopping center with organic markets and fashion
• Voli Supermarket Tivat (5 min drive) — full-service supermarket for daily groceries
• Tivat Airport: 5 min
• Old Town Kotor: 12 min
• Budva Old Town: 25 min
• Podgorica Airport: 85 min
• Dubrovnik Airport: 48 km
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Positioned in UNESCO-listed Boka Bay, featuring private yacht clubs, infinity pools, and hiking trails.
• Boka Bay Fjord (1 min walk) — UNESCO World Heritage bay offering sailing and private boat charters
• PMYC Pool Club (2 min walk) — iconic 64-meter infinity pool and lounge overlooking the bay
• Mount Vrmac Hiking Trails (10 min drive) — mountain trails offering panoramic views over Kotor Bay
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High rental yield appeal driven by 5-star hotel fine dining, waterfront lounge bars, and beach clubs.
• Regent Porto Montenegro Dining (2 min walk) — 5-star hotel fine dining and Murano restaurant
• Buddha-Bar Beach Porto Montenegro (3 min walk) — luxury waterfront beach club and nightlife venue
• Naval Heritage Collection Museum (3 min walk) — maritime museum featuring a decommissioned submarine
Developers in Porto Montenegro
FAQ
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Who is the master developer?
Adriatic Marinas, following an agreement between the Montenegrin government and Canadian investor Peter Munk.
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How many berths does the marina have?
Over 450 berths, capable of accommodating the largest superyachts in the world.
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Can foreigners buy freehold?
Yes—full freehold ownership is available to foreigners, supporting temporary residence applications.
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How many residential units are there?
The masterplan includes six residential areas totaling approximately 750 luxury units.
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Where is it?
In Tivat on the Bay of Kotor, directly adjacent to Tivat Airport.
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