I spent my last full day in Budva in the area, and explored the bay by boat.
Originally, I wanted to take the footpath along the coast from Budva to Sveti Stefan. However, on the way I met my landlord who invited me to join him and some other guests on a boat trip. So, I went to Sveti Stefan by boat instead of walking.
Finally, we went to the island of Sveti Nikola, where we explored a small cave that is only accessible from the sea.