Investors from Turkey Building Residential Complex in Kotor

By , 17 Aug 2019, 16:29 PM Business
Investors from Turkey Building Residential Complex in Kotor Copyrights: Cafe del Montenegro Archive

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16 August 2019 - Company "Design and CO" from Tivat has obtained approval for building a residential complex in Kavač settlement in Kotor. Conceptual design for another two residential facilities has been approved as well. The complex will consist of 5 buildings and it will have a total of 119 residential units. The project has been approved by Dušan Vuksanović, the acting chief state architect.

Chief Executive Officer of the "Design and CO" company is Sonad Kiliclar, who is also the founder of the company with 51% of the ownership.

Technical description of the facility states that it will be intended for tourists’ residence.

The conceptual design envisages 4 phases of the project. First two phases are currently underway. The first phase entails construction of two residential facilities, Block A and Block B, as well as the construction of a pool with a technical premise. The second phase involves the construction of one residential facility, block C. Phase III entails the construction of a garage with open parking. Phase IV involves the construction of two residential facilities, block D and block E.

Block A will consist of a ground floor, two floors and 36 residential units. Block B consists of a basement, ground floor and it will have 18 flats. Block C will have a basement, ground floor and two floors. It will have 23 flats. These three structures are currently under construction. The garage will have eight parking places. Open parking consists of the lower level, which is naturally sloped and has 101 parking places, and the upper level, which is parallel with the main road. It will have 12 parking places, as Cafe del Montenegro reports.

Block D will have two basement floors, ground floor, two floors and it will have 28 residential units. Block E will have a basement, ground floor and 14 residential units.

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