Baku, Azerbaijan, Aug.25
By Leman Zeynalova – Trend:
Construction of Portonovi resort in Montenegro has started in 2012 and is progressing well, a source in Azerbaijan’s Montenegro-based Azmont Investments company, developer of the project, told Trend.
“Construction works are on-going on number of different areas of the development, as this is huge project and work is done in several phases. Construction and opening will be done as such, in different stages, starting from next year. First residents are to be welcomed this year, while Marina will be operational during next year after which we are looking into One&Only opening in 2019,” said the source.
The source noted that structural works on Portonovi Marina have been completed and as such Marina is getting more and more attention.
“As part of the first phase of the project, together with Marina, structural works in Lower Village area together with Marina Apartments and Fisherman Wharf have been done. The first buildings in this area are getting the actual look as the roofing and facade work is in progress. Meanwhile, we continue to work on the foundation structure for the first One&Only in Europe. One&Only Hotel structural works are on-going, as well as overall site infrastructural works,” said the source.
Portonovi resort is one of the largest projects in the territory of Montenegro.
It will be a 26 hectare haven of exclusivity: a luxurious village of beautifully diverse properties, bejewelled with high-end boutiques and exquisite restaurants, yet authentic in regional character – encircling a mega-yacht marina offering effortless access to the open sea. Secluded, spacious, sublime, it will outclass every other resort in Montenegro.
The first One&Only in Europe is designed to be the jewel of Portonovi development providing luxurious 7-star experience and services, and enhancing Portonovi Lifestyle offering. The hotel will have 113 keys in very spacious and luxurious rooms and suites, settled within the main hotel building and five hotel clusters.
Residential part - Lower Village will perfectly replicate the style and allure of a low-rise Mediterranean village community. Characterized by a textured, vernacular architecture and connected to the local landscape, it will include a selection of elegant pop-up stores and terraces. Lower Village includes 103 apartments, 12 penthouses and 4 townhouses to suit every requirement.
Fisherman’s Wharf will invite residents and visitors to enjoy the Portonovi resort experience, day and night. Here, residents will be able to indulge in exquisite dining and premium entertainment along the Marina. Fisherman’s Wharf covers a generous 1330 square meters of immaculate retail space.
Another area reserved for the residents, Marina Apartments, will also include retail elements on the ground level. A dazzling range of designer boutiques will include a selection of premium international luxury fashion brands. Both East and West facing, each Marina Apartment building will have a highly sophisticated modern look. Buyers can currently choose from 23 stylish apartments or one of six sky villas.
Azmont Investments' parent company is Azerbaijan Global Investments (AGI). AGI's shareholders are PASHA Development and Synergy Group.
Azmont Investments is Montenegro based company and has been active since 2012, focused on Portonovi Resort development.
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