Portonovi Investment
A wild opportunity
As the Adriatic Riviera’s most desirable waterfront community, Portonovi offers the perfect investment for anyone looking to own a part of this fast-growing nation.
With a prime location on Boka Bay, the village is perfectly positioned to benefit from Montenegro’s vibrant tourism-based economy. In recent years, the region has seen major infrastructure investment, both from the Montenegrin government and from overseas investors, and is now ready to take its place as Europe’s leading luxury destination.
With a thriving economy, a welcoming tax regime and EU membership on the horizon, there’s never been a better time to own a piece of Montenegro for yourself.
In 2006, four years after joining the Euro, Montenegro gained its independence and set the target of becoming one of the world’s leading luxury leisure destinations. Thanks to EU Accession funds and plentiful foreign investment, the nation has now all but achieved its goal, with a deserved reputation as one of Europe’s most desirable tourist hotspots.
Much of the credit can be attributed to Montenegro’s business-friendly environment, minimal state interference and preferential tax rates.
Corporate and income tax sits at just 9%, with real estate transactions at just 3%. VAT is set at 21% and is refundable on most real estate transactions. The nation also has Double Taxation Treaties with over 40 other countries, including the UK, Switzerland and China.
€5bn
Investment in luxury resorts in the coming years
2.6m
Total global visitors in 2019
2025
Predicted date for Montenegro to join the European Union
5th
Fastest growing tourist destination in the world
6%
Growth within the tourism sector
5%
Forecasted trend in economic growth over the next 36 months
9%
Flat rate percentage of income and corporate tax
3%
Real estate transaction tax
Montenegro is predicted to become the world’s fastest growing tourist economy over the next decade
Portonovi Investment
Property Management
Invest with total peace of mind
Every property in Portonovi is cared for round-the-clock by our expert property management team. As well as 24/7 security and maintenance teams, we’re also on hand to handle cleaning, rental changeovers and any other needs you may have.
Portonovi Investment
A Reputation For Excellence
Portonovi is the latest development from Azmont Investments, a highly reputable local investment firm
With a total value of €828m, Portonovi represents Azerbaijan’s largest international project outside of the energy sector. This world-class resort, complete with a state-of-the-art marina and the first One&Only in Europe, has been developed as the Adriatic’s most sophisticated mixed-use destination.
As a responsible corporate citizen, Azmont Investments continues to contribute to the well-being of society through well-planned and continuous CSR programs. Portonovi represents the company’s main project. But the firm continues to search for new and exciting opportunities, in Montenegro and across the world.