Citizenship by Investment in Montenegro, Bosco Conference

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Katie Smirnina, Sales Manager at Porto Montenegro, spoke about Porto Montenegro – a yacht complex in the Mediterranean.

Katie spoke about the advantages of the South of Montenegro:
– The South of the country is the center of tourism and foreign investment;
– Infrastructure developed region;
– Tivat International Airport (5 km);
– Border with Croatia with its amazing coastline (40 km);
– Investments in luxury projects in the Bay of Kotor area amount to about 5 billion euros;
– A sharp rise in property prices since the introduction of the euro;
– Rising cost of real estate on the coast;
– 21% increase in the price per square meter for real estate on the coast from 2017 to 2019;
– Increase in the average price per sqm in Porto Montenegro by 62% for the period from 2009 to 2019;
– Rental income averaged 2% and maximum 5% in 2018.

General information about Porto Montenegro:
– Location in the Bay of Kotor, a UNESCO World Heritage Site;
– Flagship project and elite direction;
– The project is owned by the Dubai Investment Corporation (ICD), which also owns Emirates, One & Only Resorts and Emaar Properties;
– The first project of this kind in the region;
– 400+ premium properties on the first line;
– More than 80% sold;
– World-class marina with 450 berths with extensive state-of-the-art infrastructure and yachtsmen village;
– Premium real estate for sale and rent;
– Proximity to the waters of Croatia and Greece;
– International shops, restaurants and bars;
– Sports, entertainment and cultural institutions;
– Year-round program of international events;
– First coastal project approved by the government for participation in the Investment Citizenship Program;

Katie spoke in more detail about Boka Place – the new quarter of Porto Montenegro:
– The first project in the south, accredited to participate in the state program “Citizenship of Montenegro by investment”;
– New block in urban style, commissioning in 2023;
– Everything you need for life and relaxation: gastronomy, shopping, spa and fitness;
– Modern apartments are the epitome of casual luxury;
– Various shops, galleries and restaurants;
– Five-star fitness hotel SIRO.

What Boka Place offers:
– 144 apartments managed by the hotel;
– 69 private apartments managed by M Residences, a rental management company;
– Studios, 1, 2 and 3-bedroom apartments and 2 and 3 bedroom duplexes;
– Five-star hotel Siro with 240 rooms and apartments, part of the Kerzner International group;
– Ultra-modern fitness center;
– A shopping center based on the concept of open space; the anchor tenants are a large supermarket and a multiplex cinema;
– Recreation areas around the central square, green walls, botanical gardens and water design elements;
– Two-storey underground garage for 425 cars.

Timecode:
00:00 Greeting
00:34 About Porto Montenegro
01:47 Advantages of Montenegro
02:22 About taxation in Montenegro
03:22 About the south of Montenegro
05:29 About obtaining a residence permit in Montenegro
06:10 Learn more about Porto Montenegro
08:25 About apartments Porto Montenegro
09:24 Citizenship by Investment
10:10 Location Boka Place
14:09 Boka Place development plan
15:00 About the 5-star hotel SIRO
20:30 Questions to Katie Smirnina

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Bosco Conference is well known for annual international VIP-class conferences InvestPro and WealthPro, which the company holds in the countries of the European Union, the Middle East, the Baltic States and Eastern Europe. The company’s Speakers and Partners are the world’s leading experts in providing corporate and banking services, asset protection and confidentiality, private capital management, international legal structures, business immigration and citizenship. Our participants and partners highly appreciate the traditional premium level of the events, their relevance, the possibility of business networking with potential customers and partners, the generation of new ideas for business expansion.

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