On the resort island in Montenegro, owned by the Russians, laid eyes

The resort island in Montenegro, owned by the Russians, had an eye

The purchase of the resort island of St. Mark (Stradioti) in Montenegro, owned by the Russians, or rather the Russian investment group “Metropol”, which is associated with State Duma deputy Mikhail Slipenchuk, Maltese developer Joseph Portelli became interested.

According to Malta Today, the businessman is considering buying an island in the Adriatic Sea. The construction magnate confirmed to The Times of Malta his intention to buy the island, insisting he had “big plans” for it. A Maltese developer visited St. Mark's Island in the Bay of Kotor, saying Montenegrin officials “rolled out a red carpet for him.” The island is currently owned by the Russian IFC Metropol, whose CEO is Russian tycoon and State Duma deputy Mikhail Slipenchuk.

The publications noted that the cost of the transaction will be from 90 to 100 million euros (more than 5 billion rubles), but Portelli denied reports that appeared in the Montenegrin press that he had already completed the sale of the resort island for 100 million euros. “Yes, we really went to see the island, and I am interested in it because it is unimaginably beautiful. The government there has already made plans for it and I believe our vision would make it even more beautiful,” Portelli was quoted as saying. According to him, any potential construction on the island will be entrusted to some of the world's best designers and architects. “They are very interested and enthusiastic about our vision,” he added.

Portelli's interest in Montenegro will not be the first Maltese investment in the country. Enemalta has controversially invested in a wind farm project in the country by buying shares from Cifidex. However, the wind farm deal is subject to police investigation and judicial investigation.

Information: With almost 340,000 sqm of lush forests and olive groves, Stradioti Island is the largest and beautiful in Boka Kotorska bay. A tourist resort was built there in the 1960s, hosting tourists, mostly from France, with untouched nature, nudist beaches and outdoor activities. But it was abandoned almost 30 years ago with the collapse of the former Yugoslavia. Montenegro gained independence in 2006 after separating from Serbia in a referendum. The mothballed resort began to collapse. 15 years ago, in a deplorable state, it was bought by the Russian IFC Metropol. In 2007, she promised the already independent Montenegro to build a new luxury complex and invest 450 million euros, but something went wrong. It was decided to sell the resort island.

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