Sveti Nikola Island is an island on the Adriatic Sea, in Montenegrin municipality of Budva.
Sveti Nikola island is located opposite to the town of Budva, 1 km from Budva’s old town. The island is 2 km long, and it has the area of 36 ha. Highest point on the island is a cliff that rises 121 m above the sea.
The island is a popular excurison site in the Budva area. It has three bigger sandy beaches of total length of 840 m, and noumerous small beaches around the island, accessible only by boat.
Deer inhabit the uncultivated part of the island. The island is called Školj by the locals, while the youth refers to it as “Hawaii” island.