07 March 2019 - Portonovi Resort developed by Azmont Investments, is one of Europe’s largest tourism development projects. The Company Azmont Investments has announced the opening of the first phase of the exclusive resort for 2019.
As reported by the representatives of AI, Portonovi is set to become one of the most sought-after residential and leisure destinations in the Mediterranean, located in Montenegro’s stunning Bay of Kotor – one of the most unique spots of the Montenegrin coast loved by sailors and travellers alike. The Resort will offer a 26 hectares haven of exclusivity with over 1.8 kilometres of beachfront access, delivering Europe’s first-ever One and Only Hotel, along with 214 luxury residential properties in first phase, high-end boutiques, world-class restaurants, and a deep water D-Marin Portonovi Marina that is due to start operations from June 2019.
"People from all over the world are turning to undiscovered places that nurture a lavish, but also inspiring lifestyle, nature and its wealth, a relaxing and safe environment, as well as an inspiring cultural and artistic scene. In addition to all of the above, Montenegro has one of the most favourable legal framework for investments. The growing number of airlines that connect the country with global destinations is certainly an advantage, as well as an open visa policy for many countries of the world. All this gives us confidence in good cooperation on the international level "said Ahmet Erentok, Chairman of the Board of Directors of Azmont Investments for TVCG.
Montenegro enjoys growing popularity, especially in the context of its natural beauty, Mediterranean climate, long tradition, and rich cultural heritage.
"The spirit of tradition, but also the specific elegance that will soon come to life in Portonovi, makes it one of the most interesting residential options in the Mediterranean, but also one of the most exclusive luxury property projects in this part of Europe," Erentok emphasizes.
The countdown to the opening of the Portonovi Resort in the summer of 2019 began with the participation at the Moscow Boat Show. The show is the leading event for representatives of yachting business, professionals of the branch and numerous fans of water sports and active outings.
"D-Marin Portonovi marina has one of the most prominent booths at this prestigious fair, since the opening of this marina is eagerly awaited in the world of international nautical industry," the company announced. “The marina, which is furnished with the latest features and technology, is equipped to cater for vessels of up to 120 meters and has a berthing capacity of 238. It will play host to yachts wishing to explore the Mediterranean, Adriatic and Dalmatian coasts and will serve as a customs entry and respond to needs such as water, electricity, shower, laundry and gas stations, ”explains the statement by the Azmont Investments.
Project Portonovi was launched six years ago. The plan was to invest more than 600 million euros, but the representatives of the company confirmed that it is almost certain that this figure will be exceeded. The total investment, including the hotel itself, is expected to amount to 700 million euros, "said General Manager of the Portonovi Resort Stevan Milić.
The addition of Portonovi to the Mediterranean coast will continue to position Montenegro amongst the most attractive yachting destinations worldwide, guaranteeing a first-class tourist and lifestyle offering.