Luxury housing developer acquired Montenegrin marina

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The owners of Dukley Gardens have announced the acquisition of a marina in Budva, Montenegro. The marina occupies an area of 4,000 sq m and is located on the walls of the Old Town, which attracts tourists and locals alike.

While there are currently 330 berths, the new owners plan to invest €45m in the port and expand it by 60% and build additional berths to accommodate larger luxury yachts and provide high quality services for them. In addition, the investment will be spent on landscaping the surrounding area.

Owners at Dukley Gardens will enjoy special privileges, including preferential yacht parking, a regular water taxi service between Dukley Gardens and the marina, and VIP amenities.

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