Private Investment Opportunity — Durmitor · Montenegro · 1,440 m
An alpine estate in the making.
Nine hectares on the edge of Durmitor National Park. A restaurant, six houses and complete on-site infrastructure. One owner, one decision.
Nine hectares on the edge of Durmitor National Park. A restaurant, six houses and complete on-site infrastructure. One owner, one decision.
A high plateau above the Piva canyon, on the boundary of a UNESCO-protected landscape — ideal terrain for trail riding and Nordic skiing.
Since 2016, every roofline has followed the traditional architecture of the Durmitor highlands — hand-split shingle, dry stone, massive timber — engineered to modern standards by Studio Gedeon, Belgrade. 2,200 m² stands today.
All six houses are fully finished and furnished. The restaurant is completely finished outside, with the interior partly fitted. The 20-bed staff residence and the stable for 20 horses are complete.
A 1:1000 master plan covers the full estate: thirty further houses, a mountain hotel, two lakes, a forest adventure park — and a heliport already proven by landings on the estate meadow. The full drawing is disclosed with the data room, under NDA.
Final fit-out of the restaurant and six houses, plus landscaping with a 1,100 m² lake.
Seven new houses of 60–200 m². Capacity rises to 54 beds — planning conditions and house designs are already complete.
Twenty-three new houses of 60–200 m², an adventure park, zip line and heliport, with a second lake of 400 m². Capacity rises to 150 beds.
A 4,000–6,000 m² hotel with a grand lobby, conference hall and spa centre. Capacity: 50 beds.
Montenegro's north is the country's declared tourism priority. On the Žabljak side of the massif demand has outgrown supply; the Piva side, where the estate sits, is where that growth arrives next.
The owner's €4.5M revenue projection rests on a nightly rate. Set against what the surrounding market already charges, that rate is not an outlier — it sits inside the band Žabljak's mid-range hotels achieve today, before this estate's altitude, privacy and park frontage are priced in.
Published nightly rates for the Durmitor area collected from public booking platforms, August 2026; indicative and season-dependent. The implied figure is arithmetic on the owner's own projection (60% of €4.5M from 200 beds at 50% annual occupancy) and is not a forecast.
The entire estate: all standing structures, the phased master plan, permits in procedure and private infrastructure. The founder remains available for handover and local stewardship.
Continuity on the ground with the founding family. Open to joint-venture structuring, condo-hotel models and per-house sale programmes across Phases II–III.
Montenegro publishes standing tax relief for hotel investment. The Phase IV hotel is the kind of asset these measures were written for — worth quantifying early, because they land on the incoming investor's capital programme, not on the price of the estate.
Measures published by the Government of Montenegro (gov.me), read August 2026. Listed as available at national level; eligibility for this project depends on final category and structure and has not yet been assessed. Verify independently before relying on any figure.
Serious capital gets serious disclosure. The data room opens under NDA; site visits are arranged year-round, by road or by helicopter from Podgorica.