Luxury resort Porto Novi, which will emerge in the seaside town of Herceg Novi, is able to compete by its scope with the Sochi resort of Rosa Khutor or with Monaco, reports ee24.com citing ekapija.com.
As we wrote before, the Azerbaijani investor Azmont will spend €500 million for the construction of Porto Novi. It will be the first resort of One and Only in Europe. The opening is scheduled for a year 2017. Visitors will enjoy the resort's classic architecture, based on the contrast of the traditional white stone facades and red tile roofs.

The complex will include 550 villas, apartments and rooms, 250 shops, 20 restaurants and bars, wellness centre, two marinas, and a beach. Developers expect that 25 thousand people will visit the resort every weekend.
Recall that the real estate on the coast in Montenegro, on the Budva Riviera, is gaining in popularity and is worth about €2,500 per sq.m.
Photo: ekapija.com