The Municipality of Budva, i.e. the Administration of Local Public Revenue, had to register a mortgage again, the third in the past five years, on a luxurious two and a half thousand square meters of apartment, office and garage space in the "Harmonija" complex in Zavala, owned by the offshore company "MS invest INC", registered in the state of Belize, because they did not pay real estate taxes.
This is written in the real estate list, which "Vijesti" had access to.
Budva Municipality's paw is placed on 21 apartments, three garage spaces, but also a large office space.
"Mortgage - a decision on securing a tax claim of the Administration of Local Public Revenues of the Municipality of Budva, a mortgage in the total amount of 18.034 euros", is stated as the burden of registration in mid-July on real estate worth millions.
Two years ago, the Municipality was forced, after a company from Belize did not settle its tax liability, to register a mortgage in the amount of 18.453 euros, and in 2019 this measure was also applied, when the mortgage was registered in the name of a tax debt of 22 thousand euros, as a guarantee that a company based in the tax haven of Central America will pay it.
Upon inspection of the cadastral records, three garages of 19 square meters each, as well as a business space of 625 square meters, were blocked. The municipality registered a mortgage on three apartments on the ground floor of 189, 104 and 93 square meters, as well as apartments in the mezzanine of 83 and 44 square meters, and a duplex apartment of 84 square meters on the first floor, as well as two apartments of 78 square meters each on that floor.
The mortgage includes four apartments on the second floor, two of which are 71 square meters, one of 81 square meters and one of 50 square meters. Two apartments of 125 square meters each on the third floor, as well as an apartment of 56 square meters, are also blocked. The municipality also put its paw on the apartment on the fourth floor of 76 square meters, the duplex of 78 square meters on the fifth floor, as well as the duplex of 71 square meters and the apartment of 56 square meters on the sixth floor. Two apartments of 56 and 54 square meters on the seventh floor are also blocked.
13 years ago, that company was listed in the Central Register of Business Entities as one of the founders, with 50 percent of the share capital of the Budva company "Old Town Invest Group", which was building a multi-storey building on Cape Zavala itself.
As "Vijesti" previously announced, there was a division of capital and based on a court settlement, "MS invest INC" got the apartments in "Harmonija". The rest of the apartments are managed by "Old town invest group".
The Russian citizen behind the company from Belize is leading several disputes against the owner of the building, because his water and electricity have been cut off, and criminal charges have been filed with the prosecutor's office.
Blocking the assets of tax debtors to the Administration of Local Public Revenues is enabled by the Law on Local Administration. The Municipality uses this right if the taxpayer does not settle the debt within the legal term, so the tax claim is secured by forming a lien on the real estate.
Only during the last year and this year, as "Vijesti" announced, on more than a hundred real estates, apartments, land, houses, villas of tax debtors, mortgages of the Municipality were registered, as a guarantee that the obligations will be settled.
Tax collection is one of the key inflows that fills the city's budget, and almost 20 million euros are collected annually on this basis, which ensure that the metropolis of tourism is financially stable.
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