Europe's Next Riviera: the Bay of Kotor episode artwork

EPISODE · Apr 30, 2026 · 12 MIN

Europe's Next Riviera: the Bay of Kotor

from The Ronan McMahon Report · host Jessica Sheppard

A dramatic stretch of coastline in southern Europe is quietly attracting the world’s ultra-wealthy—and most people have never heard of it.In this episode, Ronan McMahon takes you to the Bay of Kotor in Montenegro—a fjord-like Adriatic bay where limestone mountains rise straight from the sea, ancient towns cling to the shoreline, and luxury infrastructure is rapidly transforming the market.Once overlooked, this coastline is now home to superyacht marinas, five-star resorts, and branded residences. And yet, real estate prices here remain a fraction of what you’ll find in established Riviera markets like Monaco, Nice, or Portofino. In this episode, you’ll discover: Why the Bay of Kotor is being called “Europe’s new Riviera”  What it actually costs to own property here today  How this market is following the same trajectory as the French and Italian Rivieras  Where the real opportunities still exist before global demand fully arrives  What kind of rental yields investors are seeing in this emerging destination Ronan also breaks down what it’s like to buy property in Montenegro—from ownership rules to transaction costs—so you can understand exactly how accessible this market is for international buyers.If you’re interested in finding real estate opportunities before they go mainstream, this is a market you’ll want to have on your radar.

A dramatic stretch of coastline in southern Europe is quietly attracting the world’s ultra-wealthy—and most people have never heard of it. In this episode, Ronan McMahon takes you to the Bay of Kotor in Montenegro—a fjord-like Adriatic bay where limestone mountains rise straight from the sea, ancient towns cling to the shoreline, and luxury infrastructure is rapidly transforming the market. Once overlooked, this coastline is now home to superyacht marinas, five-star resorts, and branded resid...

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Europe's Next Riviera: the Bay of Kotor

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This episode was published on April 30, 2026.

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A dramatic stretch of coastline in southern Europe is quietly attracting the world’s ultra-wealthy—and most people have never heard of it.In this episode, Ronan McMahon takes you to the Bay of Kotor in Montenegro—a fjord-like Adriatic bay where...

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