Montenegro’s Bay of Kotor has a new branded beachfront real estate project, Mövenpick Residences Teuta Kotor Bay, which opened in mid-May 2026. The project offers move-in-ready apartments in a restricted coastal market where new beachfront development is limited.
The development is located on the sands of the UNESCO-recognized Bay of Kotor and includes 66 apartments under the Mövenpick brand, part of the Accor hotel group. Residences are delivered fully furnished, with curated interiors and floor-to-ceiling windows overlooking the bay.
Apartment sizes range from 50 to 230 square meters.
Why the Bay of Kotor Project Stands Out
The project is positioned as unusual in the local market because:
- Construction in the Bay of Kotor is heavily restricted.
- A moratorium on new construction applies in a significant part of the bay.
- New beachfront projects rarely enter the market.
- The development carries the Mövenpick brand.
- It includes one of the longest private sandy beach areas on the coast.
Project Infrastructure
The development is not limited to residential units. It is part of a broader hospitality and infrastructure project that includes:
- A five-star Mövenpick hotel.
- Mövenpick Residences Teuta.
- A private jetty.
- A sandy beach and beach bar.
- A spa and fitness center with an indoor infinity pool.
- A shopping area with a hairdresser, souvenir shop, marine shop, and pastry shop.
Services for Owners
Owners and guests can request management and lifestyle services, including:
- Meals served in the residence.
- Personal chef services.
- Private transfers and limousine services.
- Daily, weekly, or other scheduled residence cleaning.
- Private boat transfers.
- Babysitting.
- Residence maintenance.
- A turnkey maintenance package for periods when owners are away.
Owners may rent out their apartments through a management company on a daily, weekly, or monthly basis. This rental arrangement is optional, and owners can keep the apartment exclusively for personal use.
Current Residence Prices
Current prices start from:
- €382,000 for one-bedroom residences.
- €639,000 for two-bedroom residences.
- €1,950,000 for the last available three-bedroom residence.
- €2.52 million for penthouses.
Buying Real Estate in Montenegro
Foreigners can buy real estate in Montenegro without significant restrictions on ownership and property management.
The article notes that much of Montenegro’s premium real estate market is located near the sea, often with water views.
Montenegro is also presented as having lower utility and tax costs than many European countries, while continuing to improve infrastructure, especially transportation links.
For buyers seeking longer-term status in the country, the article also notes that a residence permit in Montenegro can allow access to the local banking system, as well as a driver’s license and ID card.
Source article: apexcapital.one
