Porto Montenegro – Six Years of Growth - Yachts International

Porto Montenegro – Six Years of Growth

We’ve had our eye on the development of Porto Montenegro—a Gulf of Kotor port city of one of Europe’s smallest, youngest nations—for quite some time. The idea of a Monaco-like marina and destination in the location was promising and now—six years after clean-up, restoration and development began in earnest—this area is thriving.
Author:
Publish date:

We’ve had our eye on the development of Porto Montenegro—a Gulf of Kotor port city of one of Europe’s smallest, youngest nations—for quite some time. The idea of a Monaco-like marina and destination in the location was promising and now—six years after clean-up, restoration and development began in earnest—this area is thriving. What you will find there now is a far cry from the location’s beginnings as an abandoned Austro-Hungarian naval base. A full-service marina, which has been booming since it officially opened in 2010, offers amenities, such as a comprehensive chandlery, yacht club and numerous shops in the nearby town of Tivat. Now, because of the foreseen traffic growth, Porto Montenegro is planning an extensive expansion of its docks, berths and on-land services and amenities. One of Porto Montenegro’s draws continues to be its convenient location; its current exemption from the European Community’s taxes is another draw, as the uncertainty grows regarding possible VAT taxes on charter yachts.

PortoMontenegroExpansionPlans

Montenegrin company Yu Briv will handle the second construction phase, which will bring the number of berths within the marina up to 470. Completion is slated for the 2014 summer charter season.

For more information, visit portomontenegro.com

For an article on the history and development of Porto Montenegro, click here.

Related