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Investment Firm to Sell Income Producing Property for EUR 95 mln
September 21, 2021, 17:15, (Property Xpress) - A real estate investment firm is negotiating to dispose of one of its income producing assets in Southeast ...   read more
Turkish Company to Open Hotel and Casino Complex in Montenegro
September 13, 2021, 16:20, (Property Xpress) - A Turkish company plans to open a 16,000 sq. m hotel and casino complex in Montenegro’s town of Budva in May ...   read more
Hotel Construction Project Stopped in Montenegro
September 13, 2021, 15:43, (Property Xpress) - Montenegro’s Ministry of Ecology, Spatial Planning and Urbanism has rejected an appeal of Niksic-based ...   read more
Government Decision Stops Hotel Renovation Project in Budva
September 07, 2021, 11:56, (Property Xpress) - Montenegro’s Budvanska Rivijera hotel group has asked Ratko Mitrovic, Minister of Ecology, Spatial Planning ...   read more
Adriatic Marinas to Invest EUR 100 mln in Boka Place Neighborhood
September 01, 2021, 11:19, (Property Xpress) - Tivat-based Adriatic Marinas, the holding company and developer of Porto Montenegro nautical resort, is ...   read more
Six Luxury Hotels under Development in Kolasin, Montenegro
August 31, 2021, 16:09, (Property Xpress) - Six luxury hotels are being built in Kolasin, making it the largest tourist construction site in the region. ...   read more
Montenegro Takes over Old Government Building in Podgorica
August 30, 2021, 14:33, (Property Xpress) - At today’s session, the Government of Montenegro made a decision to make the premises of the old government ...   read more
Podgorica and Tivat Airports Serve 280,000 Passengers in H1’2021
August 20, 2021, 11:15, (Property Xpress) - Montenegro’s Podgorica and Tivat airports served a total of 220,585 passengers in the second quarter of ...   read more
Design Work Progresses on Five Star Resort in Montenegro
August 16, 2021, 17:09, (Property Xpress) - Design work is progressing on a five-star resort on the Montenegrin Adriatic coast, between the towns of ...   read more
Montenegro Hotel Projects Attract Investor Interest
August 16, 2021, 15:52, (Property Xpress) - The Montenegrin government has approved 15 hotel and resort projects as part of its economic citizenship ...   read more
Montenegro Declines Permit for Budva Hotel Project
August 06, 2021, 12:53, (Property Xpress) - Tivat-based Velja Voda Lux, majority owned by Kazakh businessman Igor Bidil, will not be able to build a condo ...   read more
Montenegro Receives EUR 145 mln in Tourism Revenues
August 04, 2021, 17:30, (Property Xpress) - Montenegro generated EUR 145 mln in tourism revenues in the first half of this year, said the country’s ...   read more
Five-Star Resort Planned in Montenegro
July 23, 2021, 11:31, (Property Xpress) - A new five-star resort property will be developed on the Montenegrin Adriatic coast by local real estate ...   read more
Montenegro Pays First Installment to Chinese Exim Bank
July 21, 2021, 12:59, (Property Xpress) - Montenegro has paid the first installment of a loan to Chinese Exim Bank for the priority section of ...   read more
70,000 Sq. m Mixed-use Project Planned in Podgorica
July 12, 2021, 16:45, (Property Xpress) - Five lots of a former factory site in the Montenegrin capital were sold at auction last week for a total of ...   read more
9,000 Sq. m Hotel and Apartment Complex Planned in Montenegro
July 12, 2021, 12:47, (Property Xpress) - A Podgorica-based company plans to develop a 9,000 sq. m hotel and apartment complex in Budva. The ...   read more
CRBC to Complete First Section of Bar-Boljare Highway in November
July 12, 2021, 10:40, (Property Xpress) - China Road and Bridge Corporation (CRBC) is expected to complete construction of the first section of ...   read more
Torist Arrivals to Montenegro Fall to 100,000 in 5M’2021
July 07, 2021, 14:18, (Property Xpress) - In the first five months of this year, the total number of torist arrivals to Montenegro was 104,430, 70 pct ...   read more
Fortenova Group Lifts Stake in Mercator to 89 Pct
July 05, 2021, 10:06, (Property Xpress) - Fortenova Group, which emerged from the restructuring of Croatia’s Agrokor food and retail conglomerate in ...   read more
Budva Hotel and Apartment Project Put into Question
June 28, 2021, 15:51, (Property Xpress) - Montenegro’s Administrative Court has annulled a December 25, 2019 decision of the former Ministry of ...   read more
Mix Markt to Expand Balkan Presence
June 21, 2021, 13:00, (Property Xpress) - German retailer Mix Markt, which has expanded its presence in Montenegro with a new store in Budva, plans to ...   read more
Changes in Property Xpress publishing schedule
June 17, 2021, 12:59, (Property Xpress) - Due to technical reasons, Property Xpress will not publish on June 17 and June 18 and will resume publishing ...   read more
Safiro Beach Resort Loss Widens to EUR 2.5 mln
June 14, 2021, 12:18, (Property Xpress) - Podgorica-based company Safiro Beach Resort, managing an attractive land plot of 8,500 sq. m in front of the ...   read more
Turkish Retailer to Expand Presence in SEE
June 01, 2021, 10:38, (Property Xpress) - A Turkish footwear and accessories retailer plans to open six new stores in the SEE region over the next 12 ...   read more
Aman Resorts to Leave Montenegro’s Sveti Stefan
May 31, 2021, 16:53, (Property Xpress) - Greek businessman Petros Stathis, owner of Budva-based Adriatic Properties, which has been renting ...   read more



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