LUXURY hotel-residential beachfront complex “Porta Rai” on Velika plaža was officially presented this weekend at a ceremony first in Podgorica, and a day later in Ulcinj, in front of a large number of distinguished guests, among whom was the Vice President of the Government of Montenegro Aleksa Bečić, ministers, representatives state institutions, the diplomatic corps, the business community and the media
The construction of one of the most significant tourist projects in the last decade in this part of the Adriatic will begin in November, and the estimated value of the investment behind the hotel group Karisma Hotels & Resorts and the international company Dobrov & Family Group is 170 million euros.
“We are proud of this investment, but also of the information that thanks to “Porta Rai” we will improve domestic entrepreneurship, increase the number of jobs and bring world know-how to the region. I would especially emphasize that local companies will be engaged in the construction of this complex, which further confirms our commitment to the development of the Montenegrin economy. The benefits for the domestic economy are multiple, including the fact that we will pay 65 million euros in value added tax in the next 10 years, then, the profit tax in the same period will amount to 25 million euros, and taxes and contributions to wages will amount to about 7 million euros. When property tax is added to that, which is about 11 million euros for the next 10 years, we arrive at a figure of additional 108 million euros that remain in Montenegro thanks to the project, in addition to the already mentioned 170 million,” said Nemanja Kostić, director of Karisma Hotels & Resorts for Europe and the Middle East.
“Porta Rai” will be located on Velika Beach, the longest sandy beach on the Adriatic, offering visitors and residents a unique experience of enjoying luxury on the seashore. The hotel-residential beachfront complex with five-star hotel service will offer exclusive restaurants and bars, a wellness and spa center, seven swimming pools, padel, tennis and basketball courts, mini golf, various children’s facilities with a promenade and an exclusive retail zone.
“The “Porta Rai” project on the Velika beach will additionally strengthen the position of Montenegro on the world map when it comes to luxury hotel-residential complexes, and we are proud of that. It is a building that will meet the highest quality standards and will represent a new address of luxury in one of the most beautiful locations on the Adriatic. At the same time, I am pleased to point out that the complex will be completely family-oriented, filled with greenery, parks, and numerous facilities for children, because we want to create an environment tailored to people,” said Kostić, who thanked all state institutions for the efficient handling of all the necessary procedures: “I must emphasize that the relevant ministries and local self-government in this process showed a high level of support and cooperation, which enabled us to carry out all the necessary procedures in the highest quality way. I want to once again thank them I sincerely thank you for that.”
Karisma Hotels & Resorts started its operations in Montenegro in 2017 by renovating the former Belvi Hotel, today Azul Beach Resort Montenegro, and with the new project Porta Rai confirms its sincere intentions to continue improving the tourism product of Montenegro.
