Inside Porto Montenegro: Gulf investors reshape Europe’s new luxury waterfront hotspot

Gulf-backed investment is transforming Porto Montenegro into a major luxury hub as Russian property dominance rapidly declines

Investment Corporation Of Dubai (ICD) is backing the high-end Porto Montenegro development, anchored by the Regent Hotel, SIRO Hotel and 480 berth marina

THE exclamation “the Russians are coming, the Russians are coming” has been a chilling warning since the Cold War, gaining traction in pop culture as a movie title. It has returned with a chill in parts of Eastern Europe since Russia invaded Ukraine in spring 2022.

Reds sail in the sunset