Montenegro’s €80 Million Novi Novi Resort Development Returns to Inspection Review

On 4 November 2026, Montenegro annulled a construction prohibition affecting the first phase of the proposed Novi Novi coastal resort near Herceg Novi and ordered a fresh inspection. The developer’s estimated first-phase investment is €80 million, with plans covering approximately 72,866 square metres and including a five-star hotel and residential facilities. The decision does not constitute final construction approval. HPC can support property-sector research, construction supplier sourcing and hospitality partnerships.

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