The luxury hotel-residential beachfront complex "Porta Rai", whose construction will begin in November in Ulcinj, was officially presented today at a ceremony in Podgorica.
The construction of one of the most significant tourist projects in the last decade in this part of Europe 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. I would especially point out that local companies will be engaged in the construction of this complex, which further confirms our commitment to the development of the Montenegrin economy, and I would also note that we will pay 65 million euros in value added tax over the next 10 years, then profit tax in the same period will amount to 25 million euros, and taxes and contributions on earnings will amount to around 7 million euros. When property tax is added to that, which is about 11 million euros for the next 10 years, we arrive at an additional 108 million euros that remain in Montenegro thanks to the project," said Nemanja Kostić, director of Karisma Hotels & Resorts for Europe and The Middle East.
"Porta Rai", they said, will be located on the Great Beach, providing visitors and residents with a unique experience of enjoying luxury on the seashore.
The five-star hotel-residential beachfront complex 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 Velika plaža will further strengthen Montenegro's position on the world map when it comes to luxury hotel-residential complexes, and we are proud of that. It is a facility 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 family-oriented, filled with greenery, parks, and numerous facilities for children, because we want to create an environment tailored to people," Kostić said.
He thanked all state institutions for the efficient handling of all the necessary procedures: "The professionalism we encountered in Montenegro is exceptional, and I want to praise the relevant ministries and local self-government for their support, advice and guidance, so that we could do everything in the best possible way." .
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