The world's first platinum-rated marina is set to double in size, boasting a total of up to 850 berths alongside a new full-service superyacht refit and repair shipyard.
Acquired by Investment Corporation of Dubai (ICD) in 2016, the fast-growing luxury lifestyle destination is still only 40% complete with plans to expand into to five opulent neighbourhoods under its masterplan. With work already underway on two of those neighbourhoods, it is set to be completed within its current ten-year development programme.
With 295km of stunning coastline, 117 diverse beaches and beautiful sunshine each year, Montenegro is renowned for its unspoiled beauty, boasting five national parks, four World Heritage sites, including the Bay of Kotor, the largest freshwater lake in Europe and pristine mountains for skiing. A hidden gem settled against an East Med backdrop, Porto Montenegro has established itself into something more than ust a marina.
With careful attention to detail including the marina’s specially designed infrastructure, Porto Montenegro pushes to perfect the needs of all yachts, their owners, guests and crew. With state-of-the-art facilities, flexible berthing packages, a world class yacht club, year-round crew club activities and the added benefit of tax-free fuel, Porto Montenegro remains the perfect cruising destination for the season.
The marina is set to feature five brand-new dynamic and distinctive, yet interconnected neighbourhoods, which will incrementally grow and broaden the destination’s offering. This will include the current neighbourhood South Village, which provides classic and elegant waterfront living, dining and shopping, 50 boutique stores, three boutique business club office facilities, 400 private apartments, Regent Hotel & Venezia Residences Porto Montenegro as well as 50 apartments in its newest Elena Residences building.
A new urban village Boka Place, which is under development today and set for completion by 2024, will introduce a five-star health and wellness lifestyle concept hotel and fitness hub, SIRO, from industry leaders Kerzner International.
Synchro (featuring Porto Montenegro Yacht Club), for which enabling works and final design are now underway, will deliver a luxury hotel and spa set within a beach setting plus a major events and entertainment centre with a wide-ranging lifestyle and leisure programme presenting a neighbourhood of cultural vibrancy and creative fulfilment. It will also offer a collection of rhythmic spaces that focus on fuelling self-enrichment and nourishing the soul, situated within close proximity to the existing yacht club.
North Village will transform the existing sports and tennis centre of the former naval dockyard and is planned as a tennis-centric village for sporting breaks. The space will be able to host small tournaments, delivering an active but informal and laid-back lifestyle hub with residences, retail and eateries.
Meanwhile, Park Gardens is planned as a resort-style oasis and a haven of tranquillity with homes set amongst dense jungle landscape and a winding network of swimmable waterways.
David Margason, Managing Director at Porto Montenegro, said: “Our vision is to complete Porto Montenegro as the premier boating and superyachting hub in the Mediterranean and to reinvent waterfront living with a diverse collection of eclectic but integrated neighbourhoods, which will be introduced over the lifetime of the masterplan according to the prevailing markets, and which harmoniously fuse together to create a place of discovery, and creative and adventurous fulfilment.
He added: "Porto Montenegro is a year-round destination designed for modern lifestyles supporting a balance of live work and play. With more than 40 nationalities, Porto Montenegro is a global community, where people are united in their curiosity for the unexpected and their insatiable desire for the extraordinary. Building on the success of the destination, through our new neighbourhoods, we will look to offer our residents, tourists and locals new experiences and unexpected adventures that help feed their imagination and enrich their mind, body and soul.”
Featuring breath-taking interiors from regional designer Atellior, Boka Place will feature 96 hotel rooms, 144 residences, ranging from studios to three-bedroom duplexes and penthouses, with 5-star hotel concierge services and 69 private residences, including studios, one and two-bedroom apartments and penthouses.
SIRO Boka Place will be the wellness brand’s inaugural launch and flagship property, boasting a rooftop bar and pool, a high-performance fitness studio and Recovery Lab with a selection of health spa services, including infrared saunas and cryotherapy. The new mixed-use development will also provide restaurants and bars, international fashion boutiques and a multi-screen cinema complex.
The three international airports, Tivat, Podgorica and Dubrovnik provide regular flights globally. The marina has a current capacity of 460 berths and can accommodate yachts up to 250m, with further plans under development to expand its offering in phases to up to 850 berths, of which 315 will be specifically for superyachts, which together with the new, adjacent, Adriatic 42 superyacht repair facility will cement Porto Montenegro’s position as the largest full-service marina in the Mediterranean.
Situated only a mile and a half from the marina village, Porto Montenegro with its Joint Venture partner Dry Docks World, will also introduce a world-leading shipyard, Adriatic 42, with the first phase of the build set to be operational by the end of 2022. The introduction of Adriatic 42 is in response to an increase in traffic and demand for service and homeport facilities in the Adriatic; it will be able to cater to any vessel in the current global superyacht fleet, confirming Porto Montenegro’s position as one of the top marinas in the world.