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Montenegro launches a tender for long-term lease on a land plot by Montepranzo-Bokaprodukt

Montenegro News - Real Estate Sales & Property Development Crna Gora

 

Montenegro has declared a golf course planned near the coastal town of Tivat in the Kotor region a priority project and announced a public call for a 90-year lease of 786,685 sq.m. of land owned by the Montepranzo-Bokaprodukt company.The land, in the Tivat Mrsevac zone, lies north of the Adriatic main road from Budva to Tivat across Tivat Airport, 2.5 km. from Tivat and 700 m. from the sea. It is about 1.8 km long and 180 to 700 m. wide. Submission deadline for bids is 4 November, and Raiffeisen Investment is project advisor.The move, mady by the Montenegrin Privatisation and Capital Investment Council, earmarks the land for tourism development and the construction of golf courses, Pie-mag.com reports.

Business News Montenegro

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