One of the areas that is experiencing its boom and is becoming more and more popular every year is our Montenegrin coastline, almost three hundred kilometers long, characterized by diverse landscapes, sandy beaches, coves, tourist centers and incredible nature.
What certainly adorns this part of the Adriatic is the city which, without the slightest exaggeration, is more and more reminiscent of Monte Carlo, Budva in terms of its attractiveness. It is one of the oldest cities on the Adriatic coast and a very popular tourist destination, which, both in the past and today, remains the focus of events on the coast and attracts more and more investors every year.
This is precisely the reason why the first branded residences in Montenegro are being built in Budva - Riviera Montenegro Hotel & Residences.
Riviera Montenegro Hotel & Residences is the first project in Montenegro that allows the purchase of a branded apartment fully equipped according to the standards of a world-famous five-star hotel chain. The chain in question will be announced during the summer of 2024.
In support of how attractive this location is in itself, the fact that this complex is located in the immediate vicinity of all the most beautiful beaches and promenades in Budva speaks for itself.
In addition to the fact that all attractive tourist locations are located in the immediate vicinity of this complex, it itself offers numerous benefits for its tenants and guests. There will be an infinity pool, a spa center, a gym, exclusive shops of world-famous brands, a garden on the roof with a beautiful view of the Adriatic Sea, but also access to a private beach in front of the complex itself.
The complex is planned to contain 212 residential units, 144 luxurious hotel rooms and even 27 luxury shops.
Owners of apartments in Riviera Montenegro Hotel & Residences will have access to all the amenities of the complex. They will also be able to entrust the entire management of their property to the hotel, if they want to rent it out during the season or throughout the year. This represents an exceptional investment opportunity, because Budva records an increasing number of visitors every year, and is one of the fastest developing cities in Montenegro.
Just last year, 2,6 million tourists stayed in Montenegro, and of that number, almost 900.000 stayed in Budva, which is 30 percent of the total number.
Investing in real estate by the sea offers many advantages, including access to beautiful beaches, outdoor recreational activities, and a relaxing environment, which can enhance the quality of life. Coastal destinations attract tourists, which creates a steady source of rental income. Also, tourist infrastructure and development in those areas can further increase the value of real estate.
If you want to know more about Riviera Five Star Hotel & Residences, contact their sales team: info@rivieramontenegro.com