Princess hotel in Bar under hammer due to debts settlement
The "Princess" hotel in Bar, owned by Atlas group headed by Dusko Knezevic, will be under hammer in the first half of June for settling debt to a foreign trustee based on unreturned loan.
According to writing of Podgorica’s Vijesti, estimation is in progress at the moment but it is expected that estimated price is EUR 6 m.
Although the hotel price is still not known, it has already been speculated that a no name Albanian who lives in USA and is originally from Tuz (for the purchase.
Public executor from Bar, Veselin Scepanovic, confirmed for Vijesti information on sale of famous Bar-based Princess but he said that no one contacted him with respect to that.
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