Construction Begins of One&Only at Portonovi, Kumbor

By , 01 Mar 2018, 18:12 PM Business

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March 1, 2018 - Good news from one of Montenegro's most eagerly awaited new developments.

The Azmont Investments company has been given consent by the chief state architect Dusan Vuksanovic to the preliminary design for a facility in the T2 tourist zone – tourist village Portonovi, in Kumbor.

The area of this urban plot is 54,530 square metres, and the construction of a hotel complex, composed of several tourist facilities, structures and organisations, is planned as well.

It is envisaged to be a hotel from the One&Only chain, which includes SPA from the Chenot chain, as well as a restaurant from the Locatelli chain. In addition, a villa complex is also planned, as well as a tfacility with accompanying spaces intended for beach activities (Family Beach Club).

The plan includes construction of several facilities within a five-star tourist settlement. It is envisaged as a luxury hotel complex with a total of 113 apartment units and ten separate villas.

Also, there will be a variety of amenities within the Kumbor-based One&Only hotel.

Portonovi, as previously announced by Azmont, will become one of the most attractive destinations in Montenegro and the Mediterranean. It will cover 26 hectares, with a more modern marina for mega yachts. The value of the investment will be €650m.

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