Almost 600 million euros invested in the elite resort of Portonovi

Way to Montenegro
15.01.2020 10:00 1127 12 0
Since 2013, 597.91 million euros have been invested in the elite residential complex and resort of Portonovi, which is located on the coast of the Bay of Kotor, near the village of Kumbor and the resort town of Herceg Novi, the developer of this project, Azmont Investments, reports. In the second half of 2019, 192.97 million euros were spent on the construction of the Portonovi resort.

Recall that the elite residential complex Portonovi is the largest project currently implemented in Montenegro by Montenegrin private company Azmont Investments using investments from Azerbaijan. One & Only luxury hotel, Espace Chenot Health Wellness Spa, sports facilities, numerous boutiques and shops, restaurants, bars and much more will be built on the territory of the complex. During the first phase, 214 apartments were built, as well as the D-Marin yacht port and Portonovi Beach Club. A border checkpoint has been opened for sea travelers in the complex, and Montekids International kindergarten has been built and is already open for small residents in Portonovi complex.

Portonovi complex is planned to be built and put into operation in 2020. According to Azmont Investments, the total investment in this project will reach 969 million euros.
 
Foto: Portonovi Montenegro

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