Overlooking the UNESCO-designated Bay of Kotor, Synchro Yards is an exclusive residential neighborhood in Porto Montenegro. The latest collection of properties on offer follows previous sell-out phases.
The development provides unique investment potential, boasting top-tier amenities including a state-of-the-art marina – the world’s first “Platinum” facility – while offering a spirited lifestyle. Building on Porto Montenegro’s historic growth trends, which offer strong capital appreciation and rental yield opportunities, Synchro Yards represents a new, state-of-the-art luxury phase. This development enhances the overall destination, solidifying its reputation as a premier location in the Adriatic.
With two more districts planned for the future, these residences in Porto Montenegro stand as the most refined and ideally located waterfront properties to date.
Synchro Yards: A Life of Waterfront Elegance
Centrally located Synchro Yards offers two distinctive choices – AERIS and AURORA IVO residences – spanning one- two-, three-, and four-bedroom apartments, penthouses, and studios, from 52 square meters up to 1,049. Conceived by globally renowned Woods Bagot, the yacht-inspired interiors are by Bergman Design House. We explore several options below.
Luxury Waterfront Development at the Nexus of Porto Montenegro
Described as a “vibrant haven”, Synchro Yards is ideally situated in the heart of Porto Montenegro. Upon completion, the district will be home to a five-star hotel, restaurants, high-end shops, a swimming pool, lagoons, and a beach club.
On top of that, there will be a multi-layered entertainment venue in a renovated shipyard, creating a dynamic nightlife and cultural scene. You’ll also find workspaces, lush green spaces, and the Naval Heritage Museum in a restored 19th-century sawmill.
Home to a lively and friendly community and architectural masterpieces, Synchro Yards is known as a “super-prime residential project”. Adriatic Marinas manages the area, providing first-rate services to residents, yachts, and guests, and homeowners can rent their properties on a short- or long-term basis if they wish.
Representing Porto Montenegro’s commitment to “creative fulfillment, luxury, innovation, and community”, Synchro Yards is set to join the existing South Village and the soon-to-launch Boka Place.
Exploring AERIS and AURORA IVO
Comprising 47 units across AERIS and AURORA (a pair of buildings with five floors each), both are enviably situated with sweeping panoramas of the award-winning marina and picturesque bay.
AERIS residences are the epitome of luxury, with design inspired by “the rhythms of the sea and wind”. Mirroring a modern yacht, with “sleek decking, angular balconies, and a contemporary façade,” the apartments offer indoor-outdoor living and fabulous water-facing views. Prices start at €1.89 million.
Owners can make the most of a resident-only pool, fitness and beach clubs, valet parking, and a concierge. There’s also the M-Residences Management program, meaning your property is cared for whether you live there permanently or not.
AURORA falls under IVO, a Rare Finds hotel owned by Kerzner International. With that in mind, residents can make the most of the resort’s facilities and enjoy exclusive access to the Kerzner Homeowner Benefits Program. Premium amenities include a private pool and sundeck, concierge services, beach and fitness club memberships, and in-room hospitality. Prices start at €770,000.
AERIS Penthouse
4 bedrooms, 4 bathrooms, 1,050 square meters
Price: €25,000,000
Part of a collection of homes shortlisted for the World Architecture Festival 2024, this sprawling penthouse is a meticulously- and custom-designed architectural marvel offering 270-degree bay panoramas from floor-to-ceiling glass windows. Choose from two interior styles: richly textured “Copper” or elegant “Platinum”. Both blend marine influences with bold lines.
The east-facing master has an emperor bed and the open-plan kitchen is minimalist and top-of-the-line. Head up the spiral staircase and be greeted by a private split-level roof terrace complete with an outdoor kitchen and infinity-edged pool. Exclusive amenities include valet parking, 24/7 concierge and security, a resident-only gym, beach club membership, and a rental program.
AERIS Residence
3 bedrooms, 3 bathrooms, 373 square meters
Price: €7,780,000
With 22 apartments spread over five floors and part of a thriving community hailing from over 50 nationalities, this lavish unit is on the third story. Luxury all the way, the expansive sanctuary covers around 290 square meters of internal space and 83 outside.
Each bedroom has an en-suite and the kitchen appliances are high-end, but the icing on the cake is the sunset-view balcony with top-class outlooks toward the glistening water and marina.
Similar to the penthouse, there’s an array of communal amenities, and residents can choose between Copper and Platinum interiors – either way, the finishes and furnishings are premium, the craftsmanship is exquisite, and the palette is warm. The end result? The ultimate in comfort.
AURORA at IVO Residences
3 bedrooms, 3 bathrooms, 284 square meters
Price: €5,680,000
Home to 25 condos over five floors and managed by IVO, a Rare Finds hotel, this deluxe fourth-story apartment has 230 square meters of space inside and 54 outdoors. Each guest room has an en-suite and the style fuses nautical and elegant curves with strong architectural lines.
Wander through the living room and admire the eye-catching chandelier before heading onto the spacious terrace where picture-postcard vistas can be savored. The master boasts soft lighting and muted colors, and with floor-to-ceiling windows, there are more of those incredible panoramas to take in.
Owners can make the most of the resort’s diverse facilities and impeccable service, including the beach and fitness club and IVO rental program.
Porto Montenegro nestled in the Bay of Kotor, Montenegro
Porto Montenegro: Appealing Investment Opportunity
The palm-fringed oasis is experiencing strong growth, making it an attractive destination for real estate investment.
Redefining the Concept of Waterfront Living
Nestled in the Bay of Kotor, Porto Montenegro is a premier Mediterranean spot for those seeking luxury and exclusivity. The welcoming district blends historical charm with modernity, making it an alluring proposition.
Key nearby attractions range from Kotor’s medieval Old Town to Lovćen National Park for fantastic mountain views and hiking trails. Moreover, Montenegro is one of Europe’s fastest-expanding nautical destinations.
Bay of Kotor and Lovćen National Park
Beyond Porto Montenegro, the country is home to a beautiful coastline, unspoiled landscapes including pristine beaches and towering mountains, and a rich culture. Head further afield to Durmitor or Biogradska Gora for outdoor adventures, and come winter, there’s skiing to enjoy at resorts like Kolašin and Savin Kuk – accessible within two to three hours for a winter retreat.
Kolasin Ski Resort, Montenegro
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Ideal Investment Destination
Montenegro has experienced major infrastructure spending in recent years and enjoys a growing and stable economy, low entry barriers for new businesses, and a favorable political climate.
The country also benefits from some of the lowest corporate, personal, and capital gains tax rates in Europe. Moreover, there’s 0% inheritance tax, with free asset transfer to immediate family, and a progressive transfer tax starting at 3% on other real estate transfers.
Meanwhile, a wide range of passport holders can enjoy visa-free travel for between 30 and 90 days within a 180-day period, and it’s possible to apply for temporary residence, as per certain criteria. Following that, some foreigners can apply for permanent residency after five years. Additionally, there are no restrictions on foreign property ownership.
The historic town of Perast on the Bay of Kotor, Montenegro
Exceptional Growth Potential
The first project of its scale in the area, Porto Montenegro sets a new and impressive standard for upscale living along the Adriatic coast. Boasting an internationally acclaimed and growing marina and a range of other best-in-class amenities, it’s attracting global buyers and investors desiring premium properties.
Additionally, the Montenegrin government is recognized for being investor-friendly, actively promoting real estate investment and development, further boosting the appeal of Synchro Yards and the surrounding region.
Prices are on the rise, but the country remains one of the most affordable in Europe, with Kotor Bay being a sought-after spot, thanks to the well-appointed, picturesque setting.
Marina at Porto Montenegro
Indeed, The Times newspaper in the UK says Porto Montenegro has value and glamor, making it the ideal alternative to places like the French Riviera and Italy. With demand for high-end bay-facing residences increasing, Porto Montenegro presents a valuable opportunity for significant potential returns.
Porto Montenegro: Escape From the Everyday
The latest iteration of Synchro Yards introduces AERIS and IVO. Choose from stylish studios to spacious penthouses with roof terraces and pools, all offering stunning views of Kotor Bay. This upscale development seamlessly combines contemporary luxury and a vibrant community with exceptional amenities and strong investment potential.
At the heart of it all is the leading superyacht “Platinum” marina, which will eventually feature 850 berths. The picturesque region invites exploration, from the charming Kotor Old Town to secluded beaches. For further details, visit the Porto Montenegro page.
