Hotels for sale in Montenegro

Montenegro, a country of just over 13,000 square kilometres and around 600,000 inhabitants, has become one of the new luxury tourism destinations in the Mediterranean. Budva, the Porto Montenegro, Luštica Bay and Portonovi marinas, Herceg Novi and the Bay of Kotor now attract guests and investors who once chose the French Riviera. This page lists hotels for sale in Montenegro — from seafront properties to mountain resorts in Kolašin.

The development of Montenegrin tourism in the last decade is fascinating. A country that once had only a few large hotels today attracts the world's biggest hotel brands. The first symbol of luxury was Aman Sveti Stefan, opened in 2009 in the historic Villa Miločer and on the island of Sveti Stefan - a former fishing village from the 15th century, today one of the world's most recognizable hotels, a favorite among famous guests such as the Beckham family, and the place where tennis player Novak Djokovic's wedding took place.

Five years later the Regent Porto Montenegro opened, a hotel that dominates the first modern marina in the country - Porto Montenegro, in Tivat. This project, recognized as a symbol of the new Montenegrin vision of luxury, combined the Mediterranean tradition with an international lifestyle.

They were followed by The Chedi Luštica Bay, which has become synonymous with contemporary luxury on the coast, and One&Only Portonovi, the brand’s first hotel in Europe, opened in 2021.

Budva is the epicenter of Montenegrin tourism. Its beaches, Old Town, luxurious restaurants and dynamic nightlife attract guests from all over the world. Hotels in Budva are often located on the seafront or in the heart of the romantic Old Town, and investors can choose between boutique hotels in the center and large resort complexes on the outskirts.

Tivat has become synonymous with modern luxury. With Porto Montenegro, a marina that gathers the most expensive yachts on the Adriatic, and elegant Regent Hotel, this city is a magnet for investors and the world's elite.

Kotor, a city under the protection of UNESCO, is one of the most romantic corners of the Mediterranean. Hotels in the Old Town or on the slopes overlooking the Bay of Kotor – also known as “Boka Kotorska” – have timeless value. Boutique hotels in the area are increasingly in demand, especially those that combine authentic architecture with modern amenities.

Although it is not a coastal city, Podgorica is the economic heart of Montenegro. Hotels in the capital are mostly of the business type, with conference rooms and a stable number of guests throughout the year.

With a modern ski center and still wild and untouched nature, more and more hotels are investing in spa and wellness facilities in authentic mountain style. Hotels and apartment complexes in Kolašin allow diversification of investments - they are ideal for those who want to expand the offer in this small but extremely popular country and beyond the coast.

Bar is a port, tourist and historical center. Its proximity to the sea, good traffic connections and newly urbanized areas make it suitable for the development of medium and larger hotel complexes.

At the entrance to the Bay of Kotor, Herceg Novi is a city of Mediterranean elegance, known for film and literary festivals, architecture and gardens with centuries-old coastal vegetation. Boutique hotels and smaller luxury facilities with a view of the sea are the most sought after in this part of the coast.