The Adriatic Project
The Project involves the design and construction of a luxury
branded Hotel, Residential Apartments and Convention Centre.
The waterfront residential & hotel development will be part
of a large 4.7 acre development project in the Budva region in
Montenegro. The residential development will include
approximately 180 high-end residential units and will become prime
real estate for the luxury leisure and tourism market for visitors
and high-end investor clientele. The overall site will have a
hotel, which will have the premier location onsite, with prime
waterfront placement affording it views of the Adriatic Sea to the
south, and mountain landscapes to the north. Within the larger
footprint, the project will have an integral Vendor joint venture
partner that will construct a convention centre and exhibit hall.
With more than 30 conventions expected annually, the convention
centre and hotel will both benefit from the symbiotic relationship
afforded by such close proximity of uses. The hotel will become the
preferred location for thousands of guests at the convention centre
during the slower winter months, while the booming summer season
will boost business for the convention centre and related
facilities.
The waterfront property will be host to a 200 room luxury hotel
with beach access, a private beach club, potential casino,
conference facilities, restaurants, night clubs, retail space, and
much more. In partnering with specific operators of the hotel,
restaurant, and club facilities, our goal would be to attract a
high-end clientele from across the many regions of the world.
The combination of a 5 star hotel operation and prime luxury
residential property in Budva will represent the premiere
destination of choice for the high-end leisure and business market.
Partners in the Partnership will be able to share in the revenue of
the hotel operation and the sales proceeds from the luxury
residential property.
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