Where is Porto Montenegro? Porto Montenegro: the most expensive place in Montenegro. The largest bay in Montenegro

A luxury yacht complex called Porto Montenegro is located in Tivat. Just a few years ago there was a simple, unremarkable marina, but now in its vicinity a whole city has been built for yachtsmen and lovers of the beautiful life. It should be noted that on the Adriatic you will not find a more fashionable and beautiful area for sea yachts. In addition to a well-maintained marina, it includes cottages, hotels, an art gallery, a museum, several sports grounds, bars and restaurants, discos and souvenir shops, fashionable boutiques and a conference hall. All conditions for a high-class holiday have been created here, which is what the rich and successful guests of the resort take advantage of.

The idea of ​​​​creating a luxury yacht resort for the elite on the shores of the picturesque Tivat Bay came to the mind of a businessman from Kanata, Peter Munch. In 2006, he purchased a plot of land on the coast of Tivat and invited several prominent entrepreneurs from around the world to participate financially in its transformation. The famous American specialist Kevin Lynch was invited as an architect. To ensure that the future Porto Montenegro complex does not stand out from the general city panorama, the famous British landscape designer Martin Lane Fox was hired.

It didn’t take long to look for yacht owners who wanted to be based in the Porto Montenegro marina. At first, only 85 places for yachts were equipped here, but later the marina was significantly expanded. Ideally, the marina will be able to simultaneously accommodate 650 yachts of various sizes, including 150 super-yachts over 150 meters in length. In 2010, Porto Montenegro was recognized as a Montenegrin port. There are customs, passport control, and various service departments here.

Yesterday I spent half a day walking with a friend in Tivat, namely at the Porto Montenegro yacht marina. According to the plan, there was also a boat ride in the bay with a visit to the island, drinking wine on a luxury yacht, but everything fell apart in the last minutes - a friend left with a yacht charter to Split. Oh well... We already had a good time. And we even bought an umbrella in Tivat, which is why all the gray clouds got scared and ran away after half an hour)))

But the most interesting thing turned out to be that both Russians and Montenegrins still ask me (and today is no exception) WHERE IS THIS SCULPTURE LOCATED? WHAT KIND OF ROMANTIC PLACE IS THIS?

Hehe! Take me on an individual tour of Montenegro, I’ll show you more!

Website of this place for relaxation and beautiful photos
Entrance there is not free, like 30 euros in season, 20 euros in off-season... For this you are given a sunbed the size of a bed, water, sliced ​​fruit and something else, read the link on the website. But if you want, you can just go to a mega-expensive restaurant to sit, without sun loungers and a pool, or just ask to go there and take a photo for a couple of minutes. This is the eleventh time I’ve done this, because... I take all my friends and family there. Although I have seen times when the owners changed here, renovations were going on and the doors were generally wide open and no one touched you - take a photo, take a photo again! The very first photo report, the sunsets are amazing!

The entrance to Puro Beach is unremarkable; if you don’t know where, you’ll find it the first time. You go to the end of the Porto embankment, when the yachts end, you see in front of you an unremarkable building, or maybe two, and on the right in the distance is the Yugoslav Navy with submarines (I’ll tell you later), you need to walk next to these buildings and find the entrance to the store, there’s some kind of... then the clothes are sold, as I understand it. A girl meets you at the table, you tell her that you came just for a photo for a couple of minutes and she will kindly lead you to the pool. Sometimes you may not be allowed to go further to this sculpture, depending on your luck.

By the way, to the question: How can a tourist get to Tivat inexpensively? After all, the bus station is located outside the city and not even near the airport. Idiot Montenegrins... I get on a bus in Budva (2.5 - 3.5 euro ticket price) and go to Tivat, a minute before the station I call a Tivat taxi and they bring me a car, which costs about 1.6 to Porto -2 euros. There is another option - get off the bus and see a taxi there, or go out onto the highway and catch passing cars, don’t be afraid to hitchhike in ChG, it’s safe. The drive is only about 3-5 minutes. But I advise you to take a picture of the schedule at the Tivat station, it hangs on the booth, written by hand, so you will know what time you need to get back and go home. Option number 2 - take a taxi from your city to Porto Montenegro; it cost me 20 euros from official taxi services to get to Budva.

If you have any more questions, ask them in the comments!

The history of Porto Montenegro captivated me. A Canadian who had difficulty finding Montenegro on the map, a Russian trace and behind-the-scenes negotiations, the country’s laws are written for investors...

This article contains a lot of rumors and unverified facts, so you should not take it too seriously. The only thing that is one hundred percent true is the price list for yacht parking in the Porto Montenegro marina, I received it today in person at the main office of the marina. And in fact, the article itself, initially, was intended as an information note for yachtsmen interested in prices for yacht mooring in Montenegro. However, as I studied the issue, I came across a lot of interesting material that might be of interest to my readers.

At the moment, Porto Montenegro is the center of attraction for all tourists coming to Tivat without exception. Now it is difficult to imagine the city without a complex of facilities built and grown around the modern marina. Although in its recent past it was the naval shipyard of the Yugoslav Fleet and the Sava Kovacevic plant, commonly called Arsenal, which by that time were falling into disrepair. In order to get an idea and compare how it was before and after, just look at images from space dated 2005 and 2017.

Porto Montenegro, images from space, 2017 and 2005

Porto Montenegro owes its discovery or appearance to one person. The first person to consider the investment attractiveness of the Montenegrin coast and the Bay of Kotor was Peter Munch (1927-2018). Canadian entrepreneur born in 1927 in Budapest. Coming from a wealthy Jewish family, he fled Hungary in 1944 when it was captured by the Nazis. Peter Munk earned his main capital in the Barrick Gold company. He was its founder and stood at the helm of the company for a long time. It is now the largest gold mining company in the world.

Peter Munch always loved yachts and almost until the end of his life he owned the 40-meter motor yacht Golden Eagle. “I have five children, and the only way to keep these bastards is to lock them on a boat,” he frankly told reporters. A few years before investing in Porto Montenegro, he noticed that most of the marinas located in picturesque areas of the Mediterranean Sea were terribly cramped. Starting from Monaco and Saint-Tropez and ending with Portofino and Capri. The boats have become larger, but the ports remain the same. Huge crowds and unbearable harbors. Munch decided it was time to move on.

Peter Munch on his yacht Golden Eagle

Soon he was approached by an acquaintance who advised him to invest in Montenegro, which at that time was not yet an independent state. Munch didn’t even know exactly where Montenegro was. The country of 620,000 people was recovering from recent conflicts in the Balkans in the 1990s. After the war, Montenegro reluctantly joined Serbia and suffered from economic sanctions imposed on Serbia and Montenegro during the wars.

To get more information about the country, Peter Munch meets with Robert McDougall, who was then Canada's ambassador to Belgrade. The ambassador suggested that Montenegro would secede from the united state in the near future. And indeed, in 2006, through a referendum, Montenegro became an independent state. Peter took on the Porto Montenegro project in 2007. “I thought that at the age of 80 I needed this place, like a hole in my head,” he said. “But now look, it’s great, I created an investment project out of nothing, I’m very proud of it. Every day it becomes more and more visible on the international tourism map.”

Superyacht berth in Porto Montenegro

Despite the collapse, the naval base and Arsenal plant were the largest employers in the area, providing jobs for 480 Montenegrins. Employees protested when Munch announced he was closing the base. About 3,500 people took to the streets of Tivat to protest. And they can be understood, the history of the plant begins in 1889. From the times when Tivat and Montenegro were part of Austria-Hungary. The berths in Tivat were built for the imperial fleet.

Munch talked about one meeting with plant representatives in which he became really worried about his safety after the mayor of Tivat left him alone in a meeting room with six Arsenal workers. “It was like a gang of Cypriots from the last century,” he recalls. "They told me: 'Mr. Munch, you are stealing our heritage, you are a stranger here, please leave.' Peter's attempt to explain development prospects to the workers was poorly received. “Try to describe Portofino or Saint-Tropez to a welder in Tivat. They had never seen a yacht before. They are worried that I am cheating and stealing their pensions. Although the fact that the guys had large debts on salaries from the government did not bother them.”

Concluding the story of workers’ protests, it’s worth adding a small fact. A senior naval officer in an informal conversation explained the conditions for the plant's closure: “476 people work here. Once the base is transferred to Peter Munch, the workers will have access to the social program and will have a cash payment of 500 euros for each year of work plus 24 or 36 monthly payments, as well as funds to purchase an apartment.” Not a bad liquidation for a country where the average salary was about 300 euros per month (link).

Arsenal 2004

The territory of the plant and the berths became the property of the created joint-stock company in 2007. In fact, it is a 90-year lease. Many sources also display the amount of the transaction, it is 155 million euros. Although in the Montenegrin press this amount is much more modest. There is evidence that the country’s budget received only 3.5 million; the rest of the money was spent on construction, cleaning the plant’s territory, dismantling old ships and submarines and paying social programs for workers.

Peter Munk became the majority owner of Porto Montenegro, he owned 54 percent of the shares, together with his son Anton he had 62 percent. Jacob and Nathaniel Rothschild also participated in the formation of the project’s investment pool; the names of these shareholders are more than eloquent. Part of the shares was acquired by Bernard Arnault, a French businessman, president of the Louis Vuitton, Moët, Hennessy group of companies, one of the richest people on the planet. Part of the shares belonged to Ivan Glasenberg, head of Glencore, and another part to Russian tycoon Oleg Deripaska.

According to some reports, it was Oleg Deripaska who organized a personal meeting between Peter Munch and the Prime Minister of Montenegro, Milo Djukanovic. At that time, the country’s largest enterprise, Kombinat Aluminijuma Podgorica (KAP), was under the control of the Russian billionaire. Thanks to his talented negotiation skills, Munch achieved incredible benefits from the Montenegrin government - refueling yachts calling at Porto Montenegro under foreign flags is not subject to excise taxes and taxes. Thus increasing the attractiveness of the marina for superyachts to enter it. On this occasion, the phrase of the project director Oliver Corlett became widely known: “This is an unusual opportunity because the investor will be able to sit down with the Prime Minister and say: let's develop tax and labor legislation for your country.”

Complex of luxury residential apartments in Porto Montenegro

Montenegro has one of the most beautiful deep-sea bays on the planet, which has attracted colonial fleets throughout its history. Now Porto Montenegro in Tivat is a complex project of the highest class category with developed infrastructure. There are no analogues of such a service for yachts in the Adriatic. In fact, the project exists as a small city, where there are all the necessary facilities for recreation, accommodation for yacht owners and sailing enthusiasts. The marina's infrastructure includes a wide range of facilities, including luxury hotels, a conference center, a sports complex, an art gallery, a museum, restaurants, bars and boutiques.

Munch, despite all his openness and generous donations to various foundations, remained a mysterious figure. His name never appeared on the lists of the richest people. He is believed to have had extensive investments in foreign properties. During the early years of his emigration to Canada, he sold Christmas trees and collected tobacco. He later graduated from the University of Toronto with a degree in electrical engineering in 1952. It remains a mystery why Munch lost interest in his creation on the Adriatic. Did the years take their toll or something else? This has already happened to him. In 1981, he sold his properties to Southern Pacific Properties. At that time it was the largest hotel and resort chain in Australia.

In 2016, it was revealed that Munch was selling a majority stake in Porto Montenegro to the Investment Corporation of Dubai (ICD) for an undisclosed sum, believed to be around €200 million. And just a year and a half later, at the age of 90, Peter Munch dies in Toronto. “He was a unique guy, probably the most unforgettable guy I knew,” former Canadian Prime Minister Brian Mulroney said after his death. “He had a real gift for being a visionary who built great companies.”

Golden Squadron in Tivat: yachts Golden Odyssey and Golden Shadow

Dubai Investment Corporation is a state-owned holding company that can be described as a sovereign wealth fund owned by the government of the United Arab Emirates. The President of the Foundation is Sheikh Mohammed bin Rashid Al Maktoum, Prime Minister of the UAE and Emir of Dubai. The Arab period of Porto Montenegro has just begun, but progress is visible to the naked eye. Within a year, the second phase of the Regent Hotel was built and put into operation. There are several more large buildings at the completion stage.

However, strangely enough, the changes are most noticeable at the mega-yacht berth. We can say that compared to previous years it is empty. In January, the escort yacht Sputnik, rumored to have belonged to Oleg Deripaska, left for Cyprus. Many other yachts permanently based in Porto Montenegro also left. The main pier, which was completely open for walking, was half closed to tourists. Now Prince Khaled bin Sultan bin Abdulaziz Al Saud, the eldest son of the late Crown Prince Sultan bin Abdul Aziz, is stationing his “golden fleet” here.

I don’t presume to judge how much the price tag for parking for ordinary yachts has increased, but in general the Porto Montenegro marina looks empty. Now, at the height of the season, it’s unusual to look at this. At the marina office they gave me a price list. What can we say? - expensive and rich. I even empathized with the woes of luxury yacht owners. Just think - 45 thousand euros for an annual contract for the mooring of a 40-meter yacht. “Marina is a very pleasant business,” said Peter Munk. “You’re essentially leasing the water. Nothing will break, unlike a hotel.”

Price for parking in Porto Montenegro marina

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Porto Montenegro is a yacht marina in the city of Tivat, which is located in Montenegro. In this specially equipped place, where yachting began to develop and continues to develop in 2010, crews are provided with a pier, repair shops, an electrical connection, refueling of yachts with water and fuel, lifts, spacious slipways for ship repairs and more.

Elite city for yachtsmen

Porto Montenegro in Montenegro appeared as if by magic, when Canadian businessman Peter Munch fell in love with this picturesque place with a warm climate. On the coast of the city of Tivat, he bought a plot of land and decided to transform the picturesque surroundings into a luxurious and fashionable area for owners of sea yachts. This happened in 2006. Several respectable entrepreneurs from different countries became participants in a new exclusive project: S. Demyan, the Rothschilds, B. Arnault and Anthony Munch. To bring this idea to life, the famous British landscape designer Martin Lane Fox, as well as the famous American architect Kevin Lynch, were invited. When they started work, there was only an unremarkable pier here. Four years later, a unique luxury complex grew up in Porto Montenegro (Montenegro). There are only a few similar resorts in Europe. Something similar no longer exists in the Adriatic.

Montenegro, Tivat, Porto Montenegro

The charming small town of Tivat is located on the shores of one of the largest bays of the Adriatic Sea. People have chosen this place since the 3rd century BC. e. Who didn’t want to own these lands! They successively belonged to Rome, Byzantium, Serbia, Venice, the Ottomans, Austria and finally Montenegro. Everyone left their mark on this town. On the Island of Flowers, the Church of the Holy Trinity remains from the monastery built by the Serbs. On the nearby island of St. Mark, a grandiose construction of an exclusive resort is currently underway. On the third island, called Otok, there is a Jesuit monastery. The city complex of buildings, called Bucha, now houses a cultural center consisting of a museum exhibition, an art gallery and a summer stage. And very close by is the Botanical Garden, where sailors from all over the world brought decorative exotic plants. Its foundation dates back to the end of the 19th century. At the same time, the Arsenal, a naval port, was built. Now it has been transformed and became a marina for super-yachts called Porto Montenegro. Today it is a “city within a city” with its own restaurants, cafes, bars, entertainment centers, and boutiques. More on this later. In the meantime, we’ll tell you about some places where wealthy tourists from all over the world settle.

Regent Porto Montenegro Hotel

In the city of Tivat there is a magnificent hotel, which is located in the center of the truly royal complex of Porto Montenegro. (Montenegro), on the banks of which the entire resort is located, is so unique that it is under the protection of UNESCO. A five-star hotel is classified as a luxury hotel. It was built in the Renaissance style. It has 87 rooms, all of which have access to a balcony or terrace. Luxury apartments in Porto Montenegro in Montenegro are specially designed for comfortable living by the sea in a warm Mediterranean climate. The rooms have everything for a comfortable stay: air conditioning, a modern TV with satellite channels, free Wi-Fi, a reliable safe. The spacious bathroom has all the washing supplies and a sufficient number of fluffy towels, bathrobes and slippers.

New buildings in Porto Montenegro (Montenegro)

In 2019, a new wing of Baia will be commissioned, which is designed in the style of the apartments. The apartments will have terraces with beautiful views of the mountains or the sea.

It is also planned to build an eighteen-hole golf course.

Three international airports are quite close: Tivat (7 km), Dubrovnik (46 km) and Podgorica (90 km).

Black Lake

This is the coldest lake in the Adriatic. In winter it even freezes and becomes covered with ice. It is divided into Big and Small, with Small being half the size, but twice as deep. The first refers to the Black Sea basin, and the second to the Adriatic Sea.

The largest bay in Montenegro

We definitely need to tell you a little about this amazing bay. The Bay of Kotor in Montenegro cuts into the land for twenty-eight km in bizarre shapes. This is a former river bed that went under sea water after shifts in the earth's crust. The entire bay, divided into four parts, is very deep, and at its bottom there are the remains of dead schooners, ships and submarines from different historical times. There are several islands here. Magnolias and mimosas, roses and pomegranates, and olive groves bloom along the banks. The Lušica peninsula with its white pebble beach, Zanjica, is loved by numerous tourists.

This bay, one of the most beautiful in the world, has a marina for four hundred and fifty yachts. The world-class yacht club provides the best conditions for sailing. If the Porto Montenegro marina could initially accommodate 85 yachts, now it can accommodate vessels of various sizes - even such large ones that have a length of up to one and a half hundred meters.

The marina houses the Museum “Collection of Maritime Heritage”. Today it is the best port in Montenegro. It is located just two days of calm sailing from the popular resorts of Greece, France, and Italy.

The views of the Bay of Kotor with its abundance of majestic yachts are simply amazing, and the presence of numerous restaurants and boutiques invites you to a serene seaside life.

Which, in addition to the marina itself, includes an entire infrastructure complex: apartments, hotels, a conference hall, sports grounds, an art gallery, a museum, restaurants, bars and shops. In fact, this is a small town for yachtsmen, where there is everything necessary for comfortable living and recreation. This is a fully equipped deep-sea marina with the latest technology, which has a Blue Flag for cleanliness and 5 gold anchors for the class of vessel service. There are no analogues to such a complex for owners of luxury yachts anywhere else in the entire Adriatic, and in Europe there are only a few such places.

Marina - yacht mooring - in Porto Montenegro

An ambitious project to transform a small marina into a top-class global resort was conceived and implemented by Canadian businessman Peter Munk. In 2006, he bought a plot of land where the Yugoslav naval shipyard Arsenal used to be located. He managed to convince several famous investors, including Jacob and Nathaniel Rothschild, Anthony Munch, Bernard Arnault, Oleg Deripaska and Sandor Demyan, to become his partners in this business project. The designer of the luxury yacht complex was the American architect Kevin Lynch, and Martin Lane Fox, former deputy chairman of the Royal Horticultural Society of Great Britain, is responsible for the landscape design.

The yachting legislation of Montenegro is one of the most favorable in the entire Mediterranean Sea. A simplified procedure for crossing the sea border allows you to significantly save time on completing all the paperwork. Low taxes on maritime goods and duty-free refueling make it economically profitable for ships to stay in the port. The success of Port Montenegro is also facilitated by such favorable factors as an excellent climate, proximity and beauty of the surrounding area.

In June 2009, the first 85 yacht berths were opened; since 2010, Port Montenegro has acquired the status of an official Montenegrin port, but construction work is still ongoing. According to the plan, the finished port should have 650 berths for yachts of all sizes, of which 130 berths for yachts over 30 m in length and 150 berths for super-yachts (whose length exceeds 150 m). The crew and passengers have access to: full customs control, duty-free fuel purchase zone, electricity connection point, wireless Internet, repair service, laundry, food supply and 24-hour security.

In addition to the marina itself, Porto Montenegro will include 130 luxury residential residences, a large sports complex (even an 18-hole golf course), a yacht club, an outdoor swimming pool with a bar, a maritime museum and a 5-star hotel with a casino right on the shore lines. More than 10,000 m² are allocated for retail businesses - shops, boutiques, restaurants, cafes, wine shops and much more. The port also has offices for a yacht broker and a marine agent. A maritime training center is located nearby, where you can take the necessary courses and obtain a license to operate a yacht. And its own shipyard will allow it not only to service, but also to build yacht-class ships.

Currently, the sale of residential apartments and yacht places continues in Porto Montenegro, the delivery date of which is expected in the near future. Moreover, Russians make up at least 30% of the total number of buyers.

Contacts Porta Montenegro

Adriatic Marinas d.o.o.
Obala bb
85320 Tivat
Montenegro

tel.: +382 32 674 660
fax: +382 32 674 656
e-mail: [email protected]

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