Real estate market in Montenegro has revived. Latest preliminary data published by Statistical Office of Montenegro (MONSTAT) shows that the apartment price has increased by 11,6%. Some real estate agencies believe that NATO membership had an impact on real estate growth. However, they conclude that most of foreigners usually decide to buy an apartment in… READ MORE
In about a year, the company “Carine” based in Podgorica, built a four-star hotel in Kumbor, in Herceg Novi. The hotel has six floors with 230 rooms and suites overlooking the sea, own private beach, parking, SPA center, outdoor pool, indoor swimming pool, conference room and a-la-carte restaurant. City of Herceg Novi is 10 min… READ MORE
The company “Design & CO” which is building a residential complex of five buildings in Kavac with Turkish funds has gained approval for the preliminary design for two additional residential buildings. Other buildings are under construction, while all five structures will together have 119 residential units. Chief State Architect Dusan Vuksanovic gave the approval and… READ MORE
The gates of Portonovi Resort, one of the most prestigious residential-type projects in this part of Europe, have been opened. Located at the entrance of the Bay of Kotor, Portonovi Resort spans over 26 acres and consists of 1.8 kilometres of an exclusive coastal area with 214 residences. The slogan under which Portonovi will present… READ MORE
From an economic point of view, Montenegro is one of the fastest growing tourist destinations with an upward trend year after year. “Although we are a small country, in an area of less than 14,000 square kilometers, we have a lot to offer what is confirmed by the operations of some of the world’s… READ MORE
Baia is the third opened wing of the hotel joining the existing Venezia and Aqua wings. “ The opening of the Baia wing is the finishing touch to Regent Porto Montenegro’s project and offers our guests a diverse selection of rooms, residences and elite penthouses and we consider this opening as the best gift for… READ MORE
National carrier “Montenegro Airlines” handled 262.954 passengers during the first half of 2019, representing an increase of 4.9%. In June, the company welcomed 77.348 passengers on board its aircraft which represent an increase of 5%. I’m happy to say that today we welcomed over 1 million passengers in terms of international traffic, Director of the Airports… READ MORE
Hotel offer in Montenegro has become richer! Twenty-five new hotels with a total of 1.985 beds. As data of the Ministry of Sostainable Development and Tourism indicate, high.category hotels are dominant. Even six of them offer the services that meet the five-star standards. Accommodation structures of high category are increasing and numerous stimulating measures have… READ MORE
At the opening ceremony of the Ski Center Kolašin 1600, prime minister Duško Marković told that this project, like the rest of the government’s work when it comes to winter tourism and ski centers, will be a strong incentive for further development of the North and its overall progress. PM Marković said: “”Today we… READ MORE
According to the 2018 available data, there are 2,097 enterprises in Montenegro established by the citizens of Turkey, while 2,863 physical and legal persons being the citizens of Turkey are registered as owners regardless of their share in the ownership, the Tax Administration clarified for CdM. The largest number of business organizations set up by… READ MORE