As you can see from the video below, the construction team has broken ground at Royal Town Kotor.
The team will be engaged in clearing the land until the summer break. When construction restarts, the team will begin digging the foundations.
Click here to watch a brief update from the Royal Town Kotor site.
Royal Town Kotor Market Update
There’s been a 16.3% uplift in prices since RETA members bought here just 11 months ago.
With your condo in Royal Town Kotor, RETA members like you got in on a truly special deal. Your community is in the heart of Kotor’s luxury development with the type of amenities that renters are crying out for.
Best of all, the RETA prices were incredible. To recap:
- The RETA price on a one-bed condo was from €193,013.
- The RETA price on a two-bed condo was from €348,356.
The developer’s retail pricing for June 2025 shows a 16.3% increase on these prices in under a year.
For example,
- A one bed condo available to RETA members for €295,704 is now listed at €343,790. An uplift of €48,086.
- A two-bed condo available to RETA members for €339,577 is now listed at €394,796. An uplift of €55,219.
- A two-bed condo available to RETA members for €398,640 is now listed at €463,464. An uplift of €64,824.
Congratulations on locking in this outstanding deal.
The view from the amenities is going to be stunning.
Royal Town Kotor will have high-end amenities and an incredible location that both you and your guests will love.
There will be a firepit, a state-of-the-art gym, an infinity pool, a yoga and Pilates studio, a kids club, an entertainment room, and a restaurant.
A complimentary shuttle service will connect you seamlessly to the beach club, Porto Montenegro, and Kotor’s Old Town.
These stunning amenity views will really make your condo stand out on the rental market.
The location will provide both serenity and convenience.
Royal Town Kotor is just eight minutes from Tivat International Airport and Royal Blue Beach Club, 10 minutes from Porto Montenegro’s luxury marina, and only five minutes from Kotor’s UNESCO Old Town.
In a single day, you could enjoy the modern luxury of your condo and community, explore the old-world sophistication of historic Kotor, and unwind at the beach.
Montenegro Hosts Prestigious Ocean Race Finale in Kotor Bay
The Ocean Race Europe will arrive at Kotor Bay in September. Hosting the finale is a major coup for Kotor.
Kotor Bay will soon host one of sailing’s most prestigious races. The Ocean Race Europe 2025 finale is being held there in September, marking the Adriatic’s first appearance on this elite sailing circuit.
The Ocean Race has previously graced venues including Alicante, Cape Town, Newport Rhode Island, Genova, and Aarhus, placing Kotor’s Bay among sailing’s most distinguished destinations. The world-renowned sailing competition is often considered one of the sport’s “Big Three” alongside the America’s Cup and the Olympic Games.
The four-day event is expected to attract 96,000 visitors, further cementing Kotor’s reputation as a luxury maritime destination.
Kotor Continues to See Strong Tourism Growth
Tourism in Kotor is on a tear. The city welcomed an average of 15,000 visitors per day during the peak season.
Montenegro’s tourism industry delivered solid results in 2024, with the country welcoming 2.6 million tourist arrivals and recording 15.59 million overnight stays throughout the year, according to preliminary data from MONSTAT, the country’s statistical office. Kotor performed very well, averaging 15,000 visitors per day during the peak season.
Encouragingly, Montenegro successfully diversified its visitor base in 2024, with growth from several key markets. Particularly impressive was the growth from Turkey, with arrivals doubling compared to 2023, while the UK market showed a 25% increase from 2023. These gains highlight Montenegro’s success in strengthening both regional ties and expanding into new markets.
This national tourism success is particularly evident in Kotor, Montenegro’s crown jewel destination, where the city’s ability to attract such high visitor volumes stems from strategic planning and investment.
For example, a $1 billion, 25.5-mile motorway that opened in July 2022 has dramatically reduced travel time from Podgorica Airport—Montenegro’s main international gateway—to the Kotor region to under an hour.
With surging tourism numbers and strong infrastructure to support them, the future looks very bright for Kotor.
That’s all from me.
Keep an eye out for my next update, coming soon.
In the meantime, please reach out to me dortega@smartmoneyhomes.com with any questions you might have.
