Vero Residences
Porto Montenegro, Tivat
155 new residences at Porto Montenegro. Studios to 3-bed penthouses across 5 floors, with a podium pool, gym and 16 ground-floor retail and dining spaces. Off-plan, handover Q4 2029.
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Project Highlights
Location
Porto Montenegro, Tivat
Type
Design-led residences with retail & dining village
Entrances
4 - Entrance A, B, C, D
Total Homes
155
Unit Types
Studios, 1-bed, 2-bed apartments & 3-bed penthouses
Size Range
45 - 243 sqm
Pool
Podium pool
Gym
Premium fitness facility
Retail
16 ground-floor retail and dining spaces
Parking
Secure underground parking
Status
Off-plan - Handover Q4 2029
My take
Vero Residences - Ana Pajkovic
Porto Montenegro is a lifestyle purchase. Get the order right: lifestyle first, yields later.
You're buying the marina, the brand and the community, and what holds the value is the address rather than the rent. My view, and it is a view rather than data, is that rental returns here will be modest for the next few years.
The scarcity is structural, not a sales stage. Porto Montenegro sits on a fixed, limited stretch of land. Unlike a masterplan such as Luštica Bay's 690 hectares, which can keep releasing new phases for another decade, there's no meaningful room to keep adding buildings once this is built out. The unit count is permanently capped, not just currently low.
Vero is the larger of the two new buildings, 155 residences, and the one with the broader choice of layouts.
On the beach question: Porto Montenegro itself doesn't have one. What it has is Tivat's public beach a short walk away, and that's genuinely nice - more than enough for most people day to day. For the truly beautiful beaches you take a boat.
The real question is the marina. It's busy, social and full of people through the season, and that liveliness is the whole point of living here. Skip it if that isn't what you want. Portonovi is the quiet alternative.
Project Credentials
DEVELOPER
Owner and developer of Porto Montenegro - one of the Mediterranean's most prestigious superyacht marinas and lifestyle destinations.
ARCHITECT (CONCEPT)
Global architecture practice that conceived the Vero & Versa vision, blending contemporary Mediterranean design with cultural living.
DELIVERY ARCHITECT
Further developed and delivers the architectural concept into built reality.
Why This Opportunity Exists
A new chapter in Porto Montenegro - design-forward homes with curated ground-floor retail, creative programming and one of Europe's lowest holding costs.
Curated Homes
A curated collection ranging from studios to 3-bedroom penthouses, each crafted with natural materials and open layouts.
Resort-Level Amenities
A podium pool and premium fitness facility for year-round wellness living, without leaving the building.
Retail & Dining Village
A vibrant ground-floor village with 16 curated retail, dining and creative spaces on your doorstep.
Cultural Calendar
Open-air film screenings, pop-up art installations, maker markets and creative workshops all year round.
No Inheritance Tax
0% inheritance tax - among the lowest holding costs in Europe.
Pathway to EU Candidate Residency
Property ownership in Montenegro can support a residency application in an EU candidate country. Learn more
Property Features
| Feature | Detail |
|---|---|
| Total homes | 155 across 4 entrances (A, B, C, D), 5 floors |
| Unit mix | Studios, 1-bed, 2-bed apartments & 3-bed penthouses |
| Architect | Woods Bagot (concept), Moncore (delivery) |
| Pool | Podium pool |
| Fitness | Premium gym facility |
| Retail village | 16 ground-floor retail and dining spaces |
| Cultural programme | Film screenings, art installations, maker markets, workshops |
| Parking | Secure underground parking |
| Design philosophy | Natural materials, open layouts, contemporary Mediterranean |
Pricing Overview
Contact for current unit-level pricing and availability. Sizes shown are based on developer floor plans.
| Unit Type | Area | Price From | Total Units | Availability |
|---|---|---|---|---|
| Studio | 45 m² | €412,000 | 8 | Available |
| 1-Bedroom | 74 - 86 m² | €434,000 - €628,000 | 6 | Available |
| 2-Bedroom | 95 - 136 m² | €745,000 - €1,240,000 | 9 | Available |
| 3-Bed Penthouse | 200 - 224 m² | €2,002,000 | 2 | Available |
Vero Residences offers 155 residences across 5 floors, with unit types ranging from studios to three-bedroom penthouses. 140 currently available (updated July 2026). Contact for current pricing and availability.
Comparing? Portonovi vs Porto Montenegro
Payment schedule
Six payments tied to construction progress. 80% falls across the build, 20% on delivery.
| Stage | Share |
|---|---|
| Reservation deposit | €10,000 / €20,000 / €50,000 by unit price, credited to the first instalment |
| Pre-Agreement (Pre-contract) | 10% of the price, less the reservation deposit already paid |
| Contract (SPA) | 20%, taking the total paid to 30% |
| Structural completion | 25% |
| Watertight building, exterior envelope | 25% |
| Delivery | 20% |
The schedule above is the standard plan and finishes on delivery. There is also an extended plan that runs to about five years, carrying on after handover, with a financing fee on the deferred balance. The fee and the instalments depend on the unit, so ask me for the terms on the one you are looking at.
Example, a 2-bed at €1,191,000: €20,000 on reservation, €99,100 at pre-contract, €238,200 at contract, €297,750 at structural completion, €297,750 at watertight, €238,200 on delivery.
The Pre-Agreement is signed and notarised within 30 days of receiving the contract package, and a full AML check has to be completed before that. All prices include VAT.
Costs beyond the purchase price
| Item | Cost |
|---|---|
| Garage parking space | €50,000 |
| Turnkey furniture by MANOR | €860/m² of total area plus 21% VAT, optional, sold as a separate package |
| Annual condominium fee | €70/m² of total area, so €8,680 a year on a 124 m² apartment |
| Annual property tax, Tivat | 0.56% of assessed value |
| Letting and management | Run in-house by Mresidences, so an apartment can enter a managed rental programme at handover |
Furniture is not included in the price and is not required, but a letting programme expects a furnished apartment.
Location
Tivat Airport
5 min drive
Old Town Tivat
10 min walk
Tivat City Beach
600 meters
Who This Works For
Lifestyle buyer
Seeking a design-forward Mediterranean home with curated retail, dining and cultural programming on your doorstep.
Creative professional
Drawn to a community of global creatives, makers and forward-thinkers in one of Europe's most inspiring coastal settings.
Residency seeker
Using property ownership to support a Montenegro residency application in an EU candidate country.
Lifestyle investor
Seeking new-build residences in Porto Montenegro with strong long-term capital appreciation and one of Europe's lowest holding costs.
Considerations
Vero Residences is an off-plan development. Handover expected Q4 2029. For more information on the buying process, see my Porto Montenegro Buyer Guide.
Montenegro is an EU candidate country but not yet an EU member. Legal and tax frameworks may differ from established EU markets. For a full breakdown of the buying process, taxes and legal requirements, see my Buying Property in Montenegro guide.
All prices include VAT. Areas, specifications and finishes are subject to change without notice. Promotion: 2-year service fee waiver applies to current reservations.
Follow the latest Montenegro market signals on my Insights page.
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Complete price list, unit availability, payment plan, and my honest take about the project.
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Vero Residences - frequently asked questions
How much do apartments at Vero Residences cost?
Studios from €412,000, 1-bedrooms €434,000-€628,000, 2-bedrooms €745,000-€1,240,000, and 3-bed penthouses at €2,002,000.
When is Vero Residences completed?
Vero is off-plan with handover scheduled for Q4 2029.
How many residences does Vero have?
155 residences across 4 entrances (A-D) and 5 floors, from studios to 3-bed penthouses, with a podium pool, gym and 16 ground-floor retail and dining spaces. Availability changes weekly. Ask for the current list.
How do I reserve a Vero apartment?
Reservation deposits are €10,000 for units up to €1,000,000, €20,000 above €1,000,000, and €50,000 for penthouses.
Who is the developer of Vero Residences?
The owner and developer of Porto Montenegro, one of the Mediterranean's most prestigious superyacht marinas, with concept architecture by Woods Bagot.
Related reading
- Where to buy property in Montenegro - the advisor's map
- Buying property in Montenegro - the 2026 buyer's guide
- All current properties I am tracking
Independent advisory, no buyer commission in Montenegro.
Starting from
€412,000