Seljanovo is a well-positioned residential district in Tivat, located directly behind Porto Montenegro and stretching along the coast towards Donja Lastva. It has emerged as a popular choice for both residents and investors, thanks to its excellent location, walkability, and balance between local life and high-end surroundings.
Unlike newer resort zones, Seljanovo is a lived-in community. It offers everyday convenience, direct access to the Adriatic, and rising real estate potential. With consistent rental demand and a growing number of quality new developments, it stands out as one of the most investable zones in Tivat.
Lifestyle
Seljanovo is one of the most practical places to live in Tivat. You are minutes from Porto Montenegro, close to local schools, supermarkets, and beaches, and you can walk almost anywhere. It has a lived-in feel, with a year-round local population and a mix of Montenegrins and expats.
The Seljanovo waterfront includes a well-used beach, a small marina, and walking paths along the bay. You will find casual cafés, bakeries, salons, and local restaurants along the main roads. There is also a lively daily rhythm with students, workers, and retirees all going about their day.
While not as polished as Porto Montenegro, Seljanovo’s authenticity is part of its charm. And for those who want the best of both worlds, you can walk to the marina for luxury dining or return home to something quieter.
Property Market
Seljanovo has seen rapid real estate growth in the past five years, driven by its location and rising demand from foreign buyers. It is one of the few central zones in Tivat where you can still find new developments at accessible price points.
Buyers can choose from:
- Mid-rise apartment buildings with parking and elevators
- New-build residential blocks with pools and concierge features
- Renovated older buildings with larger layouts
- Townhouses and family-sized apartments tucked behind the main roads
Pricing snapshot (as of mid-2025):
- Studios: from €150,000
- 1-bedroom apartments: from €230,000
- 2-bedroom apartments: from €300,000
- Premium 3-bedroom units: €400,000 and up
- Penthouses and larger apartments with sea views: from €450,000
Seljanovo appeals to both end users and investors, particularly those looking for easy rental management and properties within walking distance to the marina.
Rental Potential
Seljanovo offers strong year-round rental potential. It is close to everything — Porto Montenegro, the beach, schools, shops, and transport links. This makes it ideal for both short-term tourist stays and long-term rentals.
High-performing rental segments include:
- 1 and 2-bedroom units for digital nomads and couples
- Larger apartments for families or long-term relocators
- High-floor or well-renovated properties with views or outdoor space
Occupancy is high between May and October, with many landlords securing long-term contracts from September through April. Properties in well-managed buildings with parking and proximity to the sea typically perform best.
Annual rental yields range between 5% and 8%, depending on the property size, finish, and whether it is marketed short-term or long-term.
Things to Do
Seljanovo is more local than luxury, but it offers easy access to everything Tivat has to offer.
In the neighborhood:
- Seljanovo Beach, a popular spot with locals and families
- Local restaurants, such as Big Ben or Ponta Veranda
- Grocery stores, bakeries, and fitness clubs
- Marina Kalimanj for small boats and paddleboarding
- Walking paths connecting to Donja Lastva and Tivat center
Nearby:
- Porto Montenegro for events, boutiques, fine dining, and nightlife
- Naval Heritage Museum and cultural exhibitions
- Sailing, yoga, and watersports
- Live music, cinema screenings, and seasonal festivals
- Hiking access to Vrmac and the surrounding hills
Seljanovo is ideal for those who want convenience without being in the center of the tourist zone.
Accessibility
Seljanovo is one of the most connected districts in Tivat. You can walk to the marina, the center of town, or the beach in minutes. It is also close to the main Adriatic highway for travel across the Bay of Kotor.
Tivat Airport is 10 minutes by car, while ferry and marina connections are within walking distance. Most properties in Seljanovo offer on-site parking or nearby street access, making car ownership simple but not essential.
Cost of Living
Seljanovo offers excellent value for its location. Property prices are still lower than the premium zones of Porto Montenegro, while local goods and services are priced for a year-round population.
Estimated monthly costs for a couple:
- Utilities: €90 to €130
- Groceries: €200 to €280
- Dining out: €20 to €30 for two people
- Car and fuel: €50 to €100
With many daily services within walking distance and minimal need for high service charges, cost of living remains manageable.
Investment Outlook
Seljanovo continues to mature as a real estate zone. Its strategic location near Porto Montenegro gives it long-term capital growth potential, while the steady local population ensures consistent rental demand.
Key investor highlights:
- Central, walkable district with everyday appeal
- Affordable compared to adjacent premium zones
- Strong mix of short and long-term rental demand
- Ongoing infrastructure and development upgrades
- Attractive entry point for first-time Montenegro investors
As Tivat’s development continues, Seljanovo is well placed to benefit from rising demand, limited land availability, and proximity to high-end growth.
Final Thoughts
Seljanovo combines location, lifestyle, and long-term value. It may not be the most glamorous district on the map, but it is one of the smartest for practical investors and end users alike. If you are looking for a central Tivat base with access to the water, walkability, and proven demand, Seljanovo should be on your list.
