New condo hotel in the green oasis of Budva

New condo hotel in the green oasis of Budva

The Tivat company "Velja voda lux" asked the chief architect of Budva to approve the concept of a five-star condo hotel, which they plan to build in one of the most attractive locations in the heart of Budva.

This plot of approximately 3000 square meters is located between the TQ Plaza complex and the Budva Hotel. 

Based on the possibility of an urban site in this place, a tourist object was designed - a five-star type condominium, which will have 39 residential units with all necessary amenities - an underground garage, restaurant, pool, spa complex, etc.

“The project defines the construction of a tourist facility, which will have a basement, ground floor, six floors and a terrace,” says the conceptual design of the project.

It became known that the city administration began negotiations with the investor. One of the compensation options is to provide Tivat with business and residential premises in part of the TQ Plaza building.

For this to happen, the parliamentary assembly must give the green light to expropriation. However, the ruling coalition in Budva is in conflict.

Tivat has been trying for years to implement the project, but the previous municipal government refused because access to the future facility passes through municipal land.

It is still unknown whether the new city administration will make a positive decision on the construction of the hotel, but the idea of ​​creating an attractive condominium with six doors already lies on the table of the city architect.

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