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MONTENEGRO
GOLF RESORT WITH PLANNING PERMISSION

Key Facts

Site Area: 1.172.000 m2
Price: 23.440.000 Euros (20 €/m2)

LOCATION: The site is located in pristine surrounding nature in the south coastal area of Montenegro, 7km from the sea, 10min from Ulcinj Town, 1h from Podgorica and Tivat international airports

PLANNING PERMISSION parameters: (can be modified to suit investor)
18 hole championship golf course
120.000m2 plus of gross building area of hotel, villas, apartments, golf club, leisure and recreational facilities
Marina on Lake Shas

DESIGN: PGA DC signature 18 hole championship golf course and resort

SALE: is subject to Planning Permission obtainable within 120 days

The site is located in the south coastal area of Montenegro, adjoining Lake Shas with 700m of shore land. It is 7km from the sea and famous 13km long sandy Grand Beach (Velika Plaza) and close to nature marvels of river Bojana, Ada Bojana holm, Salt Plant Lake and National Park of Lake Skadar.

The site can be accessed by boat from the sea through river Bojana into Shas Lake; or by road: 10min from the town of Ulcinj, 1h from Podgorica and Tivat international airports and 2h from Dubrovnik.

The Ulcinj area has the greatest tourist development potential in Montenegro today, with planned new tourist town on Grand Beach, new airport and other supporting amenities like the golf course project.

Apart from the golf course the resort will have numerous recreational and leisure facilities such as: swimming pools, spa & wellness centre, gym, tennis, horse riding; wind surfing, rowing and swimming at Shas Lake; as well as necessary amenities like shops, crèche, restaurants, bars, etc. In close proximity guests can indulge in exploring the exceptional surrounding environment, or undertake fishing, hunting, hand gliding, swimming and much more.

Sale is subject to receiving Planning Permission within 120 days with parameters that suit the investor. Planning Permission gives way to construction.

Useful links:

Why to invest in Montenegro
Why to invest in Ulcinj
View CEED research on Real Estate Market in Montenegro