The Ministry of Sustainable Development and Tourism of Montenegro has issued five permits
to the Tivat company QD Hotel and the organization Properti Investment Montenegro, which is a part of the Qatari Diar holding company, for the construction of a five-star hotel complex with a total building area of 33.5 thousand square meters.The elite hotel complex will be located on the peninsula Lustica (Montenegro)
, in the popular beach area of Plavi Horizonti
(Blue Horizons). According to the plan, on its territory it is planned to build such facilities as a five-star hotel, nine individual residential villas, a total area of 8.3 thousand square meters, underground garages with a total area of 4.5 thousand square meters, places for sports and recreation, auxiliary economic buildings, kilometers of roads, as well as the necessary infrastructure facilities and much more.
Within the framework of the project for the construction of this tourist complex, all the facilities will be located on the coast of the Przno-Plavi Horizonte bay, in the place where once the hotel was Plavi horizont. The decision of the Ministry of Tourism of Montenegro states that the hotel complex will consist of the main building of a 5-star hotel, as well as several hotels, private villas and apartments of various sizes
The total area of the main hotel will be 20 737 square meters, and the area of the first floor will be about 5,5 thousand square meters. meters. The area of villas will vary from 590 to 1550 square meters, and the houses themselves will have one or two floors with a basement.
According to earlier statements of the Tivat construction company, the cost of construction of this hotel complex is estimated at 350 million euros
. Earlier, in 2010, investment company Katari diar bought a plot of land in 300 000 square meters in the bay of Przno-Plavi Horizonti for $ 25 million. At that time it was planned that the construction of a hotel complex on the Adriatic coast would be completed in September 2014, but the project was frozen because of permanent property and legal conflicts and litigation over the expropriation of this land.
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