The construction of the Hilton Montenegro hotel has made significant progress and according to the latest information, the luxurious facility opening is expected in a year. The European Bank for Reconstruction and Development which funds the works is satisfied with the dynamics so they approved the first line of EUR 3 mil to Normal Company, Montenegrin media reports.
At the same time, Normal Company, continues the construction of the Stari aerodrom complex (the Old Airport complex) in Podgorica as well and the company is announcing new projects for the fall.
Residential and business building, Stari aerodrom Blok 9, at the end of Bulevar Pete proleterske in Podgorica, is nearing an end.
- The construction of the facility on 10.000 square meters will end in a month and a half – Normal Company says for eKapija, adding that the majority of flats has already been sold and that the interested buyers should hurry up.
(Stari aerodrome in Podgorica - blocks 9 and 10)
- In Blok 9, majority of real estate
was sold and only 10% is available - Normal Company says for our portal.
In February this year, the company started the construction of Blok 10 at the location Stari aerodrome, across Blok 9. It is an identical facility with the same number of floors and square meters and some 50 % of flats is free in this building.
The square meter prices are the same – EUR 50 EUR, VAT included.
Flats with a view over the sea
Our collocutors in Normal Company announced that as soon as the summer ends, they are starting new projects. In September, the company is starting the construction of a couple of residential buildings in Tivat
(Future look of the Hilton hotel")
EBRD provides a total of EUR 20 mil for the Hilton hotel
As Pobjeda reported a few days ago, EBRD is satisfied with the dynamics and the quality of the construction of the Hilton Podgorica Montenegro hotel so they approved the first loan installment of EUR 3 mil.
- Soon, we are plnnig to provide EUR 20 mil of loan – Giuliano Moreno, the head of EBRD in Montenegro said.
The new hotel will keep its old look but in a modern version. The old city inn will get new shine and stone pillars are just being rehabilitated.
- We started returning to the terrace its famous, old, recognizable look as we were announcing – the owner of Normal Company, Zarko Buric said.