A Russian bought the former Đukanović plot

The new owner of the complex of 20 square meters at the foot of the Košljun hill is Dmitrij Iudin, the owner of the Budva company "Nova development company", which also owns about ten thousand square meters in Kolašin.

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Attractive location: Košljun, Photo: Vuk Lajović
Attractive location: Košljun, Photo: Vuk Lajović
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

Russian citizen Dmitry Iudin bought from Podgorica company "HoldCo east" a land complex of 20 square meters at the foot of Košljun hill at the entrance to Budva, which until half a year ago was owned by the president's company Milo Đukanović "Global Montenegro".

This was confirmed by the "News", and the real estate list states that Iudin registered on March 21 this attractive property.

Iudin is the owner of the Budva company "Nova development company", which is registered for the construction of residential and non-residential buildings, and his company also owns about ten thousand square meters in Kolašin, in the locality of Blatina.

At the end of September last year, the partner company of Đukanović and his godfather Vuk Rajković "Global Montenegro" lost ownership of 20 square meters of land at the foot of the Košljun hill, when "HoldCo east" was registered in the cadastre, and which previously, at the end of 2020, took over all the credit obligations of the company of the head of DPS . This was done because Đukanović's company did not repay the millions in loan obligations, as much as "Global Montenegro" borrowed a decade and a half ago when it sold a plot of land in Budva from locals.

Back in November 2020, "HoldCo east" registered a charge on the land complex, stating that it is the creditor of the loan of five million euros, which was taken by "Global Montenegro" in 2007, for the purchase of 20 thousand square meters.

On November 18, 2020, that company from Podgorica registered a mortgage in the cadastral records of the Administration for Cadastre and State Real Property and thereby blocked Đukanović's land.

"Mortgage in the amount of 5.000.000 euros is registered by the mortgage creditor 'Holdco east' with a prohibition on alienation without the consent of the mortgage creditor," it was written in the real estate newspaper at the time.

The sale of the land complex took place after the Secretariat for Urbanism of the Municipality of Budva issued to the Podgorica company "HoldCo east" urban planning and technical conditions, which provide that a residential complex of 41 villas can be built on two hectares.

As stated in the document that "Vijesti" had access to, referring to the planning document Detailed urban plan "Potkošljun", which is still in force, a total of 29.591 square meters of gross construction area can be built on the land complex, which is half of the square footage of the Old Town. .

The issued urban planning and technical conditions allow villas to have from three to even six floors - basement, ground floor, one floor, and basement, ground floor and four floors. The area under the building must not be less than 80 square meters, and phased construction is possible.

In all the previous years, Đukanović and Rajković did not ask to be issued urban planning and technical conditions, that is, they did not intend to build on the plot that was urbanized back in 2008 by the then municipal government from the ranks of the DPS-SDP, which passed the controversial DUP "Podkošljun", fulfilling the wishes of the land owner.

The former ministers of sustainable development agreed that the DUP "Potkošljun" created urban chaos, and that the former DPS administration of the city intended to completely concrete the area under the Košljun hill with its amendments. Branimir Gvozdenović i Pavle Radulović, who each in their mandate refused to give consent. Namely, immediately after taking office in 2017, Minister Radulović refused to give consent to the Municipality of Budva for amendments to the Detailed Urban Plan "Potkošljun".

Radulović's department did not give the green light to the planning document because, as stated, it was not acted in accordance with the Ministry's previous remarks.

In 2016, the Ministry headed by Branimir Gvozdenović also refused to issue consent because, as they stated, the Municipality had planned 330.000 more square meters of residential and commercial space than was foreseen in the higher order plan.

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