FOR SALE
€1m
Tivat
A three-bedroom home on Lustica peninsula, near Sveti Marko island. The property is completely private, as it' s only accessible by boat
Montenegro Prospects (01628 623087;
www.montenegroprospects.com)
market, from waterfront homes to restore, for sale with Montenegro Prospects, to bespoke heritage properties meticulously renovated by Monteverdi Estates. ` Monte- negro represents possibly one of the most exciting investment opportunities in the Mediterranean,' says Daniel Walker of Monteverdi Estates. Miss Marston agrees:
` There are some beautiful farmhouses and coastal villas available, and plenty of build- ers waiting to start a project.' Tony Mann and Annie Goodsell bought
NEED TO KNOW
What to do in Montenegro
Stay The Aman Sveti Stefan' s Villa Milocer has just reopened (www.
amanresorts.com)
Visit The village of Donja Lastva has a festival on the first Saturday of August
Birdwatching Explore the Skadar Lake by hiring a boat from fishermen
Lunch For something quick, Cesarica in Kotor has excellent fresh fish
Supper Catovica Mlini has a special position overlooking the bay
Cocktails People-watch from the large terrace of Kotor' s Scorpio
www.countrylife.co.uk/international
FOR SALE
€95K
Kotor
A traditional one-bedroom fisherman' s cottage on the
waterfront. It has been recently renovated and includes a speedboat. There is the possibility to extend at the back of the
property Montenegro Prospects (01628 623087;
www.montenegroprospects.com)
white-sand beaches, lakes, and mountains with ski resorts. ` It' s possible to ski in the morning and sit on the beach in the afternoon,' says Mr Weston-Baker. Foreign buyers tend to settle around the Bay of Kotor, with its UNESCO World Heritage walled town and views out across the fjord. Airports at Podgorica (55 miles) and Dubrovnik in Croatia (25 miles) offer regular flights from Britain. There is a diverse array of property on the
an apartment in Kotor Bay through Savills last summer, after reading an article in The Daily Telegraph. ` We loved the medieval buildings, the mountains and the weather,' says Mr Mann. ` Everything about Monte- negro is wonderful.' They planned to buy a ruin to restore, but opted to buy a new-build apartment instead, which will be completed in June. ` Some of the ruins are incredible, but we decided that it was more practical to buy something new.' The development, called Buena Vista, has views across Kotor Bay, and guests have the use of swimming pools, a gym and
a bar. Prices for apartments there start at €149,000. Buena Vista is a sophisticated development, but there is no doubt that Montenegro is an emerging rather than an established market. ` Montenegro has the potential to become a high-class destina- tion, but, at the moment, it' s a poor country. There are no Chanel boutiques.' However, a handful of top-class develop-
ment schemes will help to change this. Accord- ing to James Price of Knight Frank, luxury property developments on the Montenegrin coast, such as Porto Montenegro and Sveti
Country Life International, Summer 2010 65
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