The Best Luxury Hotels in Montenegro, 2026

A fortified 15th-century island village linked to the mainland by a narrow isthmus — and, since July 2026, open again. After a five-year closure over beach access, Villa Miločer, the Aman Spa and the beaches reopened on 22 May 2026, and the island itself followed on 1 July: 33 cottages and suites among the stone lanes, with eight further suites at Villa Miločer, the 19th-century summer residence of Queen Marija Karađorđević, across the bay.

The settlement that ended the dispute reset the resort's rhythm: Sveti Stefan Beach and King's Beach are now open to all, while Queen's Beach — one of the most beautiful in Europe — remains reserved for guests. The island runs seasonally; Villa Miločer stays open year-round, with a spa built around a 24-metre indoor-outdoor pool.

The first One&Only in Europe, opened in May 2021 at the entrance of Boka Bay: 122 rooms, suites and villas in Venetian-palace-inspired architecture, a private sandy beach, and the 238-berth Portonovi superyacht marina alongside.

The wellness credentials are the serious kind — the 4,000-square-metre Chenot Espace, the first at any One&Only, was named the world's best hotel spa at the 2025 World Spa Awards, and the resort holds two Michelin Keys from the guide's first Montenegro selection. Sabia cooks refined southern Italian; Tapasake turns the pool into a Japanese dining club.

An 1852 Austro-Hungarian fortress on its own islet at the entrance of the bay, restored over seven years and opened as a 32-room hotel in April 2023 — reached only by boat, or by helicopter from Dubrovnik or Tivat.

For 2026 it became Banyan Tree's first resort in Europe: the Banyan Tree Spa sits inside the fortress's central tower, and the venues run from Parasol's crudo and Kamena's fine dining to Celeste's open-fire cooking and the speakeasy-style Pinea Bar. Seasonal, tiny, and unlike anywhere else on the Mediterranean.

A boutique estate at Reževići on the Budva riviera, some two kilometres from Sveti Stefan — 14 suites and eight villas with a beach club on the water below, and the first Montenegro member of The Leading Hotels of the World.

It is the counterpoint to the coast's marina energy: 22 keys, quiet terraces, and the icon's stretch of coastline without the icon's spotlight.

The address inside Porto Montenegro, the superyacht marina village on Boka Bay — Venetian-inspired architecture by ReardonSmith with interiors by Tino Zervudachi, opened in 2014 and expanded with the Aqua and Baia wings in 2019.

The marina outside the door berths more than 500 yachts of up to 250 metres; the hotel answers with the 64-metre Lido infinity pool, an indoor spa pool, and dining that runs from The Dining Room to the Italian Garden. This is the coast's harbour life, lived from a hotel key.

The anchor of Luštica Bay, the purpose-built marina village on the peninsula across from Tivat: 111 rooms and suites above the harbour, an outdoor infinity pool, a seasonal private beach, and one Michelin Key in the guide's first Montenegro selection.

GHM's Asian-inflected service culture — The Japanese restaurant upstairs, spa treatments built on VOYA seaweed — meets an Adriatic hillside, and the village marina below takes yachts of up to 45 metres. The most livable base on this list for a longer coastal stay.