Construction work on Otrant Reefs Tourist Complex located in Ulcinj, Montenegro commenced in Q2 2024, after the project was announced in Q2 2019. According to GlobalData, who tracks and profiles more than 220,000 major construction projects from announcement to completion, the project is expected to be completed by Q4 2027. To learn more about the Otrant Reefs Tourist Complex project, buy the profile here.
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The project involves the construction of the 66,950m2 Otrant Reefs Tourist Complex on the Velika beach in Ulcinj, Serbia.
The project includes the following:
1. Construction of a 238-bed 24,732.37m2 hotel building comprising three interconnected towers
2. Reconstruction of the 9,790.98m2 5-Star Hotel Otrant comprising 41 rooms as well as 59 studio apartments totalling 137 beds
3. Reconstruction of the 23 villas on an area of 6,092m2
4. Construction of reception hall
5. Construction of administrative space
6. Construction of shopping area
7. Construction of service rooms
8. Construction of restaurants
9. Construction of conference rooms
10. Construction of fitness and spa center
11. Construction of 214 car parking spaces
12. Installation of elevators
13. Installation of safety and security systems
Construction on the project is expected to be completed by Q4 2027.
Kosovo-based LSN and Partners is the architect and engineering design consultant for the Otrant Reefs Tourist Complex, while Municipality of Ulcinj is the planning authority.
For more details on the Otrant Reefs Tourist Complex project, buy the profile here.
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GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.
