Dubai’s Nakheel offers Montenegro citizenship on waterfront residences at Porto Montenegro

Dubai developer Nakheel is offering ready-to-occupy and off-plan properties available for investment at Porto Montenegro, a waterfront community and superyacht hub offering luxury, Italian Riviera-inspired waterfront residences on Montenegro’s Adriatic coast.

Porto Montenegro features residences located between the mountains and the azure Adriatic Sea – with an opportunity for Montenegro citizenship on selected properties until January 2022.

The residences offer the potential for an attractive return on investment and a reliable income stream as rental properties and holiday homes. Investment opportunities are currently available at three neighbourhoods within the Porto Montenegro master plan.

Elena Residences – from Dhs1.428m
The Elena Residences complex features 50 freehold, ready-to-occupy studios and one-, two- and three-bedroom apartments and penthouses offering onsite retail and dining amenities. Residents can avail the pool and fitness centre and access to an exclusive owners’ club for property management and letting. All homeowners at Elena Residences also enjoy membership of the Porto Montenegro Yacht Club, a statement said.

Regent Pool Club Residences – from Dhs1.78m
Regent Pool Club Residences comprises 129 luxury, ready homes across two wings – Aqua and Baia. The development features studios and one-, two- and three-bedroom apartments and penthouses with rooftop terraces and views. The complex offers an infinity/lap and children’s pool and poolside café, and offers direct access to the onsite Regent hotel’s services, amenities and rental programme. Owners can also enjoy membership of the Porto Montenegro Yacht Club.

Boka Place – from Dhs953,600
The first coastal development in Montenegro to offer citizenship for investors, Boka Place is a new community of 213 managed and private residences in the form of apartments, duplexes and penthouses. The complex features a modern wellness concept, with a new, 240 room luxury wellness-centric hotel, as well as shopping, dining and entertainment amenities and access to the M-Residences management programme for private residence owners who are not participating in the hotel rental programme.

Construction of Boka Place is underway, with expected delivery in Q4 2023. Montenegro citizenship comes with a range of benefits including visa-free access to 124 countries and low-cost living. Montenegro is an official EU candidate, with planned accession by 2025.