Tomorrow, at 1 p.m. ET, my full briefing on Kotor, Montenegro and the incredible new Real Estate Trend Alert members-only deal there drops in your inbox.
Today, an insight into why I’m so excited about this deal.
Why the lifestyle in Kotor is so attractive to the ultra-rich and second home owners.
And why Montenegro is the first new country destination I’ve recommended in Europe since Portugal around a decade ago.
Picture this…
You awake at 8 a.m., the soft light filtering through the windows of your luxurious condo. After brewing a fresh cup of coffee, you step onto your terrace and breathe in the pine-scented air rolling off the soaring Alp-like mountains around Montenegro’s breathtaking Bay of Kotor.
The day holds so many possibilities…
Kotor is a place of astonishing natural beauty…with soaring mountains surrounding a glistening bay.
You’ll begin, as you always do, with a brief workout in your community’s state-of-the-art gym, followed by a dip in the infinity pool and a relaxing breakfast of fruit and freshly baked bread in the community’s restaurant.
But what to do next?
Yesterday, it was the scenic one-hour drive inland to Lovćen National Park, to hike up to the platform atop the Lovćen mountain range and soak up the mesmerizing views.
Today, you decide on something more relaxing…
Lounging in the warm sun at your private beach club.
The viewing platform on top of Lovćen mountain. Montenegro boasts one of the world’s most dramatic landscapes.
You decide to take the shuttle bus to the beach club (the shuttle and membership of the beach club are all part of your ownership in the community).
The club is one of your favorite places to spend time…
The waters of the bay are calm and crystal-clear, shimmering as the sunlight dances off the surface. You spend hours here, alternating between reading and dipping into the water, as your fellow club members sip cocktails at the bar and listen to a musician gently stumming a guitar.
As late morning turns to early afternoon, it’s time for lunch and the short trip to the UNESCO-heritage old town of Kotor.
There you wander amid the narrow cobblestone streets, past the well-preserved medieval architecture and historic churches such as St. Tryphon’s Cathedral. After a while, you choose a restaurant to dine al fresco, savoring a delicious, hearty seafood stew and glass of local white wine.
After your late lunch, you take a leisurely stroll up on the ancient walls of Kotor, taking in the enthralling views of the bay, before wandering back down to look at the merchants’ stalls in the old town, with their intricate, handmade arts and crafts.
As evening starts to fall, it’s time to decide on dinner.
So many possibilities to consider…
The walls of Kotor old town are an incredible place for a stroll…
You could stay in Kotor…there are so options to choose from there. Or within around 30 minutes, you have the historic town of Perast with its elegant façades and towering spires…or the ultra-luxurious Luštica Bay marina community with its four-mile stretch of Adriatic coastline.
Or you could journey a little further afield to the town of Herceg Novi, with its fortresses, lush gardens, and charming old town with Venetian-style architecture.
Today, though, you opt for the short trip to Porto Montenegro, back toward your beach club.
Porto Montenegro is one of the new, ultra-luxe marinas dotting the coast here. There, amid the sleek yachts, million-dollar penthouses, and upscale boutiques, you decide to treat yourself…
Dinner at a renowned restaurant serving a local take on Mediterranean cuisine. Then it’s back to your luxurious home in Kotor…and a nightcap at the fire pit as the sun slowly slides behind the mountains surrounding the bay.
Luxurious Porto Montenegro, one of several new, high-end marinas in the Bay of Kotor.
This is the lifestyle you and your renters can enjoy at the incredible new community in Kotor where I’ve negotiated an exclusive RETA members-only deal on best-in-class condos.
And it spotlights why I’m so excited about this deal…
As I say, Montenegro is the first new country destination I’ve recommended in Europe since Portugal a decade ago.
There are some very special reasons for this…
Montenegro is beautiful and culturally rich.
It’s a rapidly internationalizing destination…providing a perfect base in Europe, particularly if you’re from the U.S. or Canada or other non-Schengen Zone country (more on that here).
And it’s a hidden enclave of the ultra-rich, a new Riviera in Europe…with a host of new marinas, high-end resorts with four-figure nightly rates, and luxurious new residential communities where homes sell for millions. (Read more about that here.)
Yet, there’s very little supply serving the “ordinary rich.”
That’s what I call the well-off folks who aren’t willing or able to spend millions on real estate but still want exceptional amenities and stunning real estate.
And that’s what makes the upcoming RETA deal there an insanely good opportunity…
Check out this overview video of Kotor shot by our RETA photographer/videographer Alan Kennedy when he boots on the ground there just a few months ago. Click this private link to view.
With this deal in Montenegro, you can own exactly the kind of real estate that the ordinary rich want.
The location is superb…in easy reach of Kotor old town, the swanky marinas of Porto Montenegro, Porto Novi…the airport of Tivat…the historic towns around the bay…and all the incredible leisure activities you or your renters could want…
Yet, the pricing for members of my Real Estate Trend Alert group is unbelievable…
In fact, prices start from just €193,013. That’s less than $210,000.
And that’s to own in a place dubbed the “next Monaco,” where the ultra-wealthy are paying millions. It’s mind-boggling. And it’s why I’m predicting massive, six-figure gains and double-digit rental yields.
Full details are dropping in your inbox tomorrow…
Ronan McMahon, Founder, Overseas Dream Home & Real Estate Trend Alert
P.S. Did you see this? I sat down with two of my senior scouts who have just recently been in Montenegro to talk you through the rise of this incredible country and this mind-blowing deal. Check it out below…
My scouts, Margaret and Eoin, have both been to Montenegro recently. In this video, I discuss our upcoming deal on Europe’s newest Riviera with them. Click to view.
