Earn 11% targeted returns from a fully serviced and 100% hands-off luxury beachfront apartment on Montenegro's sunniest coastline. Professionally managed end-to-end by award-winning hotel operators Karisma Hotels & Resorts, with personal use as your own holiday home whenever you want it.
International Hospitality Expert
Porta Rai Beachfront Hotel & Residences is a selection of 550+ luxury off-plan apartments on Montenegro's southern Adriatic coastline, just south of Dubrovnik.
Early-stage pricing for apartments starts at just €180,000, and once completed in 2029, five-star operators Karisma Hotels & Resorts take care of bookings, maintenance and guest experience. You collect 100% hands-off and hassle-free rental income and enjoy the apartment as your own holiday home on the Adriatic for up to 60 days of the year.
Montenegro is also the furthest along in the EU accession path, and property prices historically climb as countries move closer to EU membership.
Request you investor pack today and secure a luxury beachfront apartment before Montenegrin prices catch up with the rest of the Mediterranean.
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Strong potential for long-term capital appreciation driven by market growth and early-stage pricing, with stable rental income through Karisma-managed operations, early-investor advantages and a possible 21% VAT refund for eligible legal entities.
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Operated by Karisma Hotels & Resorts, a 25-year international hospitality group, your apartment benefits from proven standards, on-site management and global marketing reach.
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Porta Rai sits within a 10-hectare masterplan fronting 300 metres of private sand on the Adriatic's longest beach, in the sunniest part of the Montenegrin coast.
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Seven pools, a full-service spa, tennis and padel courts, a Kids Club, a beach club, restaurants, bars and a lively central square, all on your doorstep.
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Distinctive architecture and premium materials throughout, with 3m ceiling heights, floor-to-ceiling glazing, large-format ceramics and designed furniture.
International Hospitality Expert
Porta Rai sits on Velika Plaža, the Adriatic's longest sandy beach, with 13 kilometres of shoreline between the sea and pine forest. Ulcinj, Montenegro's southernmost and sunniest town, is a 10-minute drive up the coast, with its Old Town, cobbled streets and sunset terraces overlooking the sea.
Porta Rai is developed by privately owned international investment group Dobrov & Family Group, who have spent 35 years building an extensive real estate portfolio across Europe and backing sustainable, innovative and competitive businesses built to generate stable cash flow for long-term growth.
Every apartment is fully serviced and professionally managed by award-winning luxury hotel operators Karisma Hotels & Resorts, ensuring seamless maintenance, marketing, and rental operations. With 25 years experience in luxury hospitality, the Karisma hotel collection spans properties across Latin America, the Caribbean and Europe, including Nickelodeon Hotels & Resorts, Margaritaville Island Reserve® by Karisma, BOR Hotel, Karisma Villas and Azul Beach Resorts by Karisma.
