The project for the construction of the new town of Lustica Bay is the winner of the renowned award "Resort project of the year", as decided by the jury of the Fifth Annual International Real Estate Forum in Eastern Europe, held in Kyiv, Ukraine.
It is an event that brings together the Eastern European business community and corporate customers operating throughout Europe, Asia and Russia each year under one roof.
Planning and development of Lustica Bay as a new sustainable tourist-residential destination, high investment value estimated at €1.1 billion, integration into the environment, and high standards in construction, management and service, made the Lustica Bay project.
The award ceremony highlighted Montenegro as the fastest growing tourist destination with great real estate investment potential, with particular emphasis on the Lustica Bay project. There was a lot of interest in economic citizenship and investment through this project, said Slavica Milic, Marketing Manager at Lustica Development.
Addressing the guests at the gala ceremony, Milic recalled that the award comes after a full year since the iconic marina resort and Chedi Hotel - the first of seven planned hotels in Lustica Bay - opened last year and marked the beginning of the city's operational life.
The forum organizers are URE Club as a professional real estate organization, and EuropaProperty.com - a prestigious real estate promotion platform.
This award is the jubilee one, the 10th award that has been awarded to Lustica Bay since the project began.
Lustica Bay received the European Property Award as the best residential project in November, and the company was also recognized for being the best website in the category of development projects in Europe. At the beginning of the year, the project received the “European Property Award for Best Residential Development for Montenegro” as the best residential development project.
Text by Dragan Popadic, on November 27th, 2019, read more at Radio Tivat