Waterfront Hotel & Residential Development Land – Herceg Novi, Montenegro

OVERVIEW

This project represents a prime waterfront development opportunity located in the city center of Herceg Novi, Montenegro, overlooking the Bay of Kotor. The site is designated for a mixed-use development combining residential apartments and a hotel component within a single master-planned concept.

The land benefits from approved urban parameters allowing large-scale construction, making it suitable for a high-density residential and hospitality project. The development strategy focuses on residential unit sales as the primary revenue driver, complemented by long-term hotel income operated under a professional management structure.

Herceg Novi is an established coastal destination with limited waterfront supply, strong seasonal demand, and growing international interest. The combination of city-center location, direct waterfront positioning, and mixed-use flexibility positions this project for attractive development-driven returns.