February 20, 2019 - Continuing our look at the real estate opportunities in Montenegro through the RE/MAX portfolio, a visit to a slice of luxury in Budva.
Montenegro is famous for its spectacular views and wild beauty, and few vistas are more gorgeous than overlooking the old town of Budva and its picturesque bay.
The Budva real estate scene is busy, and there is a real diversity in terms of quality and location, but the new Como project - a RE/MAX exclusive - is superbly located and offers a real touch of luxury and exclusivity in this hugely popular seaside town.
Como is a new and exclusive development of just 18 high-quality units, all of which are either 3-bedroom apartments or 3-bedroom penthouses with roof terraces. In addition to the top quality design, materials and finish, Como has a 24-hour reception, concierge, security, and both maintenance and rental management. Both garages and outdoor parking spaces are available. The roof terraces include spa and relax decks with jacuzzi, showers and sauna on one side, and an open kitchen on the other. All apartments have the Smart Home system, fully equipped kitchen and bathroom, floor heating and CCTV.
Each of the 18 units is listed separately, and to give you a flavour of what is on offer, here is the official RE/MAX description of this 123m2 apartment:
Located in the hills above Budva, in a secure gated community this beautiful 3 bedroom apartment enjoying the use of a large communal swimming pool and deck area, offers incredible sea views and an amazing view of the island St. Nicholas. The location, luxury unique design meets the standards of the most demanding clients.
The development is located on the east side of the settlement therefore one can enjoy the spectacular sunrise. Carefully designed residential units and external landscaping provide to the residents comfort, luxury and peaceful atmosphere. Modern design with a functional layout with an emphasis on the enjoyment of the living room and the terrace with a large surface area with the amazing overview of the sea, the old city and mountains.
The apartment meets the highest standards, including a smart and modern system of regulating air temperature, fitted kitchen and bathrooms are included in the standard equipment being proposed by the developers. Having a total area of 123 sqm the property comprises of a large living room / kitchen / dining room, 3 spacious bedrooms, bathroom, guest toilet and laundry room as well as spacious terrace of 20 sqm with magnificent views. Further complimenting this apartment is an underlying garage. Price 469,000 euro.
For more photos, information and to book a viewing on this or the other 17 luxury homes, visit the RE/MAX listing here.
February 18, 2019 - A single Bottlenose dolphin was found decomposing on Sveti Nikola Island, not far from the coast of the mainland in Budva, reported SANCET- Southern Adriatic Network for Cetacean, Elasmobranch and Turtle Strandings.
After receiving a call on the evening of Sunday, 17 February, with reports of the dead stranded dolphin on the island close to Budva, the Montenegro Dolphin Research (MDR) team, led by Lucy Abbiss, a British Divers Marine Life Rescue (BDMLR) trained marine mammal medic and Researcher for the Marine Mammals Research Association (DMAD), visited the site to retrieve data for scientific purposes.
Despite the individual - identified as a juvenile, demonstrating early signs of decomposition, the team delineated that the dolphin had not undergone any physical injuries causing its death and that the markings seen were merely signs of decomposition. Although it is not clear what may have caused the death or stranding of the dolphin without further analysis through autopsy, it is possible that the time it was stranded coincides with the current seismic activity in Montenegro, could be related. Alternatively, there is the possibility of the death being related to zoonotic viruses, previous storm-related activities or other natural causes.
DMAD has successfully operated the first long-term study on dolphins in Montenegro, starting the Montenegro Dolphin Research project in September 2016. As of December 2018, the organization established the Southern Adriatic Network for Cetacean, Elasmobranch and Turtles stranding events (SANCET). Since then, SANCET, currently in the early stages of development, have already conducted various stranding surveys from Ada Bojana to Jaz. As the network continues to develop, the need for the help of the public and other scientific organizations grows stronger,” reported SANCET on their website.
“The help of other organizations participating in the Southern Adriatic Stranding Network (SANCET) is essential to further delineate the cause of death, aiding the conservation management plans for Montenegro's marine life,” emphasized SANCET on their website.
SANCET, founded in December 2018, is aimed at providing the first regional network for centralizing information on marine life stranding in Montenegro, with the hope to expand future operations in both Albania and Bosnia. With the current situation of cetacean stranding monitoring is being absent from the Eastern region of the South Adriatic and with a lack of national stranding networks, SANCET hopes to provide a database that encompasses all or part of the coastlines above.
25 January 2019 - The implementation of the largest Turkish investment project in Montenegro, which is the construction of a hotel with two towers with 15 floors, is being prohibited by the Municipality of Budva, yet the Ministry of Sustainable Development and Tourism of Montenegro recently gave its consent to the preliminary design.
However, the question remains whether the investment will succeed, given the numerous problems, including property-legal relations for the land.
The Podgorica-based company "Mia Investments" of the Turkish founders intends to build a five-star hotel at the attractive land complex at the Adriatic Fair, only ten meters from the Slovenska plaža (beach), which would consist of two towers - 15-story solitaire.
Chairman of the board of directors of "Mia Investments" is Sener Ahmet Ozan, while members of the board are Kader Murat, Tito Orfea and Arikan Habip.
The land complex consists of about 8,500 square metres, which is still in the cadastral register registered with the company "Safiro Beach Resort", whose founder is the company "Expom Hotel Partners Limited" based in Cyprus.
The construction of the towers is being prevented by the Municipality of Budva, which opposes building a multi-story building on the coast itself.
In August 2018, the Turkish company submitted a request to the chief architect of the Municipality of Budva to give the consent to the preliminary design, but the procedure was terminated after the Property Protection Secretariat was recognized as a party within the proceedings.
The construction of the two towers in Budva would be the most significant investment of Turkish investors in the Montenegrin hotel business. However, it is known that with the new legal solutions, the builders of 5-star hotels have the opportunity to sell half of the units as apartments for the market. Although a detailed urban plan "Budva Centre" covering this site has been put off for two years, only hotels are allowed to be built within the municipality.
14 January 2019 - A consortium of the Czech Philibert and Petrovac-based Vila Oliva submitted a sole bid in the public tender for the sale of 56.4806% of the share capital of the Institute for Physical Medicine, Rehabilitation and Rheumatology Dr Simo Milošević AD Igalo.
In line with the 2018 Privatisation Plan, the Tender Commission for Privatisation started activities on drafting and implementing the tender for the sale of the share capital of the Institute. During 2018, several letters were delivered about the intentions of potential investors for the privatisation of the Institute, three bidders were registered in the public tender (purchased the tender documentation and signed the Confidentiality Statement), but only the bid by the consortium of the Czech Philibert, which is part of the Cimex Group, and Villa Oliva was submitted within the set deadline.
The public tender for the sale of 56.4806% of the share capital of the Institute Dr Simo Milošević was announced on 16 October 2018, with the deadline for submission of bids until 14 January 2019 at 12:00.
The public invitation and the tender documentation define the qualifying conditions and the minimum conditions the bidder has to fulfill to enable the offer to be taken into consideration. The fulfillment of the Qualification Conditions will be evaluated after receiving and opening the package with the bid.
The Tender Commission will not consider bids that do not meet the minimum requirements. The submitted bid will be opened at a session of the Commission to be held this week.
After the opening of the bid, the Commission will examine whether it meets the qualification requirements, after which, within 15 days from the day of its opening, it will be evaluated regarding its quality in line with the criteria defined by the Instructions to Bidders.
After the conducted tender, the Tender Commission will submit the report on the results of the tender to the Privatisation and Capital Projects Council for adoption.
A vibrant music and entertainment program that began in Budva on December 22nd as part of the "Christmas pjaceta" project in the city park, near the Old Town, came to an end this weekend with a concert by the most famous Montenegrin band - "Perper". Within the "Christmas pjaceta" numerous concerts and entertainment programs for different tastes and ages were realized, and it additionally completed Budva's offer during the past New Year's and Christmas holidays.
After the performance by Nina Žižić and DJ Stevan Mandić, the audience was entertained once again by the DJ and producer Stevan Mandić on Saturday evening at 8 p.m. On Sunday, DJ Necke warmed up the audience before the performance of "Perper", who played from 8 to 10.30 pm. After Perper, at the stage in front of the city park, the famous and loved sounds of songs such as "Montenegro jazz","Golub za 086","Na Svetog Nikolu","Kome dolaziš u san","Goro moja "and many others could be heard.
On Sunday the last in a series of humanitarian actions was realized, which aimed to raise funds for the purchase of wheelchairs for the needs of the Second Primary School from Budva.
All interested were able to donate the funds in the city park at the TO Budva stand.
The "Christmas pjaceta" project was organized by the Tourist Organization of the Municipality of Budva, with the support of the local self-government and the JP Morsko dobro, and the co-organizers were Budva Caterers Association whose offer is available at wooden houses within the park.
Text by Vuk Lajovic, on January 12th 2019, read more at Vijesti
07 January 2019 - The General plan for the open sea has been adopted, tuna conditions in Montenegrin waters is good, and the opening of small businesses in the hinterland that would deal with fish processing would bring enormous profits to Montenegro, said Aleksandar Joksimović, head of the Laboratory for ichthyology and marine fisheries at Institute of Marine Biology in Kotor.
"So far, the progress in this area has been achieved in the organization of fishermen and associations, with the help of creation of clusters, and the awareness of fishermen that joint, teamwork can achieve results," said Joksimović.
Fishing the small oily fish, tuna farming, the development of a fish processing factory, as well as the logistics on the coast, can bring the Montenegrin economy the brand as something from the southern Adriatic - high salinity and clean water.
"Economically important species in fishing in the Mediterranean and the Adriatic Sea are hake, red mullet, shrimps, octopuses, but as well as the European pilchard and anchovy. For each of these species, a complete study is already carried out, which resulted in biological and economic limits which state that their fishing is limited to a certain number of tons," Joksimović reminded.
Members of the General Fisheries Commission of the Mediterranean have decided to increase the quota that has been set up in Montenegro to up to 50 tons of oily fish, European pilchard and anchovy. The new quota applies to all other Adriatic countries as well, and it is increased for up to 2.5 tons.
During the mid-December 2018, Montenegrin prosciutto became the new product under protection in Montenegro, as reported by the Ministry of Agriculture and Rural Development.
“Natural environment, climate conditions in the region of production, long tradition of production and a good reputation of this product, that extends over the boundaries of this region form the basis for the protection of this product as a specific and authentic product. The impact of the geographical surroundings, climate and the skillfulness in the application of special recipe, is responsible for the prosciutto that is highly respected among the consumers, especially tourists who visit Montenegro,” said the representatives of the Ministry of Agriculture.
06 January 2019 - The successful year for Montenegro’s tourism industry has had positive effects on business operations of the Public Enterprise for Coastal Zone Management of Montenegro, claimed Predrag Jelušić, director of the company.
“In 2018, we generated over €7.1 million thus exceeding planned revenues, and all these extraordinary results happened thanks to the efficient implementation of a 3-year plan, but also due to the responsible approach of our tenants,” he stressed.
In 2019, he added, expects to have a categorisation of public beaches introduced, as well as more activities concentrated on waste on beaches and new responsibilities referring to the sea/ports transport management. By the Coastal Zone Law and Law on Ports, one of the responsibilities of the Public Enterprise for Coastal Zone Management of Montenegro is to manage coastal zone and local ports of general importance and for public use.
“We required introduction and definition of terms city port and municipal slips. By introducing this, we are to create a regulatory framework and grounds for managing ports and other facilities belonging to maritime infrastructure,” noted Jelušić.
In 2019, one of the most important events in the Montenegrin coast would be opening of the Portonovi resort in Kumbor equipped with marina.
When asked whether the new marinas would impose new obligations for the Public Enterprise for Coastal Zone Management of Montenegro, Jelušić said it is good Montenegro will get three new marinas, especially for the development of nautical tourism.
“In this context, the Public Enterprise for Coastal Zone Management of Montenegro will strive to perform public function beside the commercial one. As an example, I should mention planned construction of the water fountains on Tivat airport,” Jelušić said.
He reminded of the fact Montenegro so far has had only two types of beaches – hotel and public – but in line with the guidelines from the Strategy for sustainable beach management, public beaches are now categorized as romantic ones, for same-day visitors, for active vacays, family beaches, pet-friendly and party beaches, and there will be more public nude beaches.
05 January 2019 - Within the Programme of temporary facilities for the area of the coastal zone of the municipality of Budva for 2019-2023, they have decided to carry out the grouping and organizing of temporary buildings and facilities. At locations in the vicinity of hotels with 4 and 5 stars, there will not be temporary structures which, by their appearance or function, could compromise the representativeness and comfort of such high category of accommodation.
Due to the loaded traffic of contact zones with a large number of seasonal temporary facilities in local jurisdiction, the Ministry of Tourism has limited the placement of new temporary facilities in the areas of the coastal zone.
"A large number of set up objects can be characterized as inappropriate due to the lack of functionality for the performance of catering, trade, etc., as well as because they very often interfere with normal pedestrian traffic, visions towards the sea and do not fit into the environment. One of the negative sides of these objects is precisely the poor level of their design and integration into the environment, and as such, they are very negative in urban terms," it is stated in the Programme of temporary facilities for the area of the coastal zone.
In addition, the Ministry of Tourism stated in the document that it was forbidden to place any kind of a mobilier or a caffe-bar with a grill on the part towards the upper and lower promenades, which means that all of the street shops with fast food on the promenade that ruined this part of Budva will no longer exist.
The Public Enterprise for Coastal Zone of Montenegro and Ministry of Tourism did not provide the opportunity for users of temporary facilities to submit remarks because, unlike Municipality of Budva, they did not organize a public debate on this topic.
04 January 2019 - Montenegro’s rich cultural offer includes a great number of festivals, from small gatherings to regional events which attract numerous tourists from all over Europe. Festivals in Montenegro often gather an impressive amount of international artists who offer an incredible experience and thus contribute to the development of tourism within the country. Many events explore exciting aspects of life and are closely related to a specific region in Montenegro.
The citizens of Montenegro especially enjoy music festivals, which bring together top music artists who strive to enrich the cultural scene within the country, and with the power of will and with a lot of effort, they succeed in making significant and memorable events.
Sea Dance Festival is a fantastic music festival held at Buljarica beach in Montenegro. It has been held at Jaz beach in Budva since July 2014 until 2017, as a part of the EXIT Adventure, an extension of EXIT Festival. Just after its first edition, Sea Dance festival was officially proclaimed as the “Best Medium-Sized European festival” at the European Festivals Awards, held in Groningen in January 2015. The key stages of the festival include the Main stage with its 30,000-attendee capacity, No Sleep Stage, Reggae Stage, Silent Dance, Latino Stage, Cinema, and CHILL Zone. Dance Paradise Stage was replaced with the No Sleep Stage in 2017. In 2018, Sea Dance Festival took place 30 August–1 September. It was the first time the location of the festival has been changed, moving from Jaz beach to Buljarica in Budva. The headlining acts for Sea Dance 2018 included Chic, Dimitri Vegas & Like Mike, Paul Kalkbrenner, Nina Kraviz, Alice Merton, as well as Bajaga i Instruktori, Bassivity Showcase (Sara Jo etc.), Burak Yeter, Filatov & Karas, Hladno Pivo, Lost Frequencies, Rambo Amadeus, Van Gogh and many more. The overall attendance was 47,000 people in three days.
Eight years of Lake Fest have shown that Nikšić has a large number of people who want such a primarily musical but also a multicultural festival to be organised within the city. This is another reason for Lake Fest to become a tradition and a segment of interesting event program which Montenegro brings to its citizens but also all the visitors from the region and other parts of Europe. The tradition of rock and roll as well as other related music styles are extensive in Nikšić and provides an additional reason for the domestic audience to know how to recognise a quality manifestation. Lake Festi is organised near Lake Krupac, which adds to the overall atmosphere within the event. The 2018 Lake Fest lasted four days, from 9th–12th August 2018. The leading artists included Rudolf, Barbara Munjas, Orthodox Celts, Perper, Zoster, Ritam Nereda, Iskaz, Atomsko Sklonište, Van Gogh, Goblini, Chiapas – Rage Against The Machine Tribute, Punkreas, Bubnjivi, Helem Nejse, Vlatko Stefanovski Trio, Dst, Marčelo And The Prodigy Tribute.
Bedem fest is a traditional musical event that takes place at the Nikšić fortress Bedem, after which the festival was named. The festival was created with the enthusiasm and energy of Petar Šundić, who began with the mission of gathering Nikšić’s musicians of different generations with the main idea to create a tribute to the band EKV. The phenomenon worthy of attention and respect is the fact that at Bedem fest most bands and musicians perform without fee and thus contribute to the affirmation of the festival. Thanks to the resulting synergy, the Bedem fest is authentic and special. This year's edition of the festival was marked by Masimo Savić, Beogradski Sindikat, Zorica Kondža, Kaliopi, Melau bend, Obojeni program, Sowas, Električni orgazam, and many others.
Sea Rock Festival was first organized by a small group of enthusiastic young people from Bay of Kotor region with no significant financial support. Sea Rock is a unique opportunity for the people of Montenegro and neighboring countries to enjoy live performances of some of the most important alternative rock bands from all over the world on the open-air stage surrounded by stone walls of the amazing ancient town of Kotor. Every technical detail of the festival is carefully planned and thought of, and it is a unique and enjoyable experience being on or off stage for everyone, artists, and visitors. In 2018, the SeaRock Festival was held for the eighth time, and performers at this year's edition were American Sun Kil Moon, Strand Of Oaks, American Howe Gelb, Billie Joan, Tourists, Baobab and On Tour.
City Groove Festival is held at the Small Sports Stadium in Podgorica. This year the fourth edition of the festival managed to attract more festival tourists due to the great music stars that performed on City Grove. The festival has defined its format as an international manifestation that the Capital records on the map of world music attractions. In 2017, City Groove Festival was declared the best event within the Capital at the manifestation "The Best in Tourism and Catering" organized by Tourist Organisation of Podgorica. The list of artists that performed in 2018 includes Dario Nunez, The Cube Guys, Josipa Lisac, Vatra and Simple Minds.
03 January 2019 - This year, Montenegro confirmed the epithet of one of the main destinations in the region for the celebration of New Year's Eve, thanks to rich multi-day programs that have been organized on city squares for more than two decades and an attractive offer of hotels and winter tourist centres.
The magnificent celebration and performances of many popular local and regional music stars of various genres, in Kotor, Herceg Novi, Tivat, Budva, Bar, and Podgorica, according to estimates, attracted over 42,000 visitors during New Year's Eve, mostly from the country and the region, but also from other European countries.
In the year which marked the Jubilee 20 years since the first organized celebration of the New Year’s Eve at the Square, Budva, which carries the epithet of regional best entertainment for the holidays celebration, recorded a record attendance of over 28,000 visitors during New Year's Eve and over 75,000 guests who visited Budva during five festive days and nights, according to the estimates of the local Tourist Organization of Budva.
Great attendance was recorded at the other coastal towns and the Capital, which organized a rich New Year's program that included entertaining, cultural and artistic contents, performances, concerts, and animation program for children, Christmas bazaars, skating rinks, daily shows of classical, traditional music and the like.
Montenegrin winter tourist centres - Žabljak and Kolašin, are traditionally particularly attractive for New Year's Eve and noted the maximum occupancy during the holidays. Hotels that organised a celebratory program had many requests for guests without reservations. The winter season was open starting mid-December, so all visitors to these cities can enjoy winter walks, skiing, snowboarding, walking on snowshoes, and many innovations such as Nordic skiing trails in these cities, adventure parks and a national restaurant at the Black Lake.