HOTEL ŽAGER

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Hotel Žager waterfront development and Bay of Kotor

A RARE FIVE-STAR OPPORTUNITY

HOTEL ŽAGER

HOTEL ŽAGER

HOTEL ŽAGER

FIVE-STAR BEACHFRONT HOTEL · BAY OF KOTOR · MONTENEGRO

FIVE-STAR BEACHFRONT HOTEL · BAY OF KOTOR · MONTENEGRO

A nearly completed five-star beachfront hotel combining substantial existing development, direct waterfront positioning and further growth potential in one of Montenegro’s most distinctive coastal settings.

A nearly completed five-star beachfront hotel combining substantial existing development, direct waterfront positioning and further growth potential in one of Montenegro’s most distinctive coastal settings.

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DIRECT WATERFRONT

Bay of Kotor · Montenegro

97 ACCOMMODATION UNITS

Approximately 200 guests

16,843 M² GROSS BUILT AREA

Substantial existing development

FUTURE POTENTIAL

Additional floors & adjacent land

97 / ACCOMMODATION UNITS

~200 / GUEST CAPACITY

6,308 M² / LAND PLOT

16,843 M² / GROSS BUILT AREA

~180 M / PRIVATE BEACHFRONT

50+ / PARKING SPACES

THE PROPERTY

MODERN DESIGN. EXCEPTIONAL SETTING.

Hotel Žager is a nearly completed five-star beachfront hotel development situated directly on the Montenegrin coast. The property comprises 97 accommodation units — 85 rooms, 11 apartments and one Presidential Suite — with capacity for approximately 200 guests. Set on a 6,308 m² land plot with approximately 16,843 m² of gross built area, the development includes extensive spa and wellness facilities, restaurant facilities, conference and congress areas, more than 50 parking spaces and approximately 180 metres of private beachfront. With the principal structure and substantial elements of the hotel infrastructure already in place, Hotel Žager represents an advanced hospitality development rather than a ground-up project.


EXPLORE THE PROPERTY

Coastal architecture overlooking the Bay of Kotor
Mountains and sea in the Bay of Kotor

THE LOCATION

A STRATEGIC POSITION ON THE BAY OF KOTOR.

A STRATEGIC POSITION ON THE BAY OF KOTOR.

A STRATEGIC POSITION ON THE BAY OF KOTOR.

Hotel Žager occupies a direct waterfront position in Bijela, near Herceg Novi, combining privacy and sea views with access to some of Montenegro’s established luxury destinations. The property is positioned within reach of Portonovi and Porto Montenegro, with international connectivity through Tivat, Dubrovnik and Podgorica airports. Accessible by both road and sea, the location provides a compelling setting for an international luxury hospitality destination. The property also benefits from all-day sun exposure, with sunrise towards Kotor and Perast and sunset towards Herceg Novi and the Adriatic Sea.

Hotel Žager occupies a direct waterfront position in Bijela, near Herceg Novi, combining privacy and sea views with access to some of Montenegro’s established luxury destinations. The property is positioned within reach of Portonovi and Porto Montenegro, with international connectivity through Tivat, Dubrovnik and Podgorica airports. Accessible by both road and sea, the location provides a compelling setting for an international luxury hospitality destination. The property also benefits from all-day sun exposure, with sunrise towards Kotor and Perast and sunset towards Herceg Novi and the Adriatic Sea.

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THE INVESTMENT

BUILT VALUE. MULTIPLE PATHS FOR GROWTH.

BUILT VALUE. MULTIPLE PATHS FOR GROWTH.

Hotel Žager combines an advanced stage of development, substantial existing infrastructure and a rare waterfront position with several opportunities for future value creation.

ADVANCED DEVELOPMENT — Construction is at an advanced stage, with the principal structure and substantial elements of the development already in place.

MULTIPLE REVENUE STREAMS — The property has been conceived to support accommodation, restaurants, spa & wellness, conferences, events and weddings alongside its beachfront offering.

PRIVATE WATERFRONT POSITION — Approximately 180 metres of private beachfront create a distinctive hospitality proposition directly on the Montenegrin coast.

TWO ADDITIONAL FLOORS — Existing planning approval provides for the construction of two additional floors.

FURTHER EXPANSION — An adjacent 2,229 m² land parcel presents an opportunity for potential future expansion.

CASINO POTENTIAL — Preliminary approval has been obtained for a casino operation within the hotel.

MATERIALS & EQUIPMENT — Approximately €1.8–2.0 million of materials, fixtures, equipment and installations have already been purchased and are included in the project.

ONE PROPERTY. MULTIPLE OPPORTUNITIES.

97 / ACCOMMODATION UNITS

16,843 M² / GROSS BUILT AREA

~180 M / PRIVATE BEACHFRONT

~90% / CONSTRUCTION COMPLETED

2 ADDITIONAL FLOORS / EXISTING PLANNING APPROVAL

2,229 M² / ADJACENT EXPANSION OPPORTUNITY

PRELIMINARY APPROVAL / CASINO OPERATION

€1.8–2.0M / MATERIALS, FIXTURES, EQUIPMENT AND INSTALLATIONS

THE OPPORTUNITY

A RARE OPPORTUNITY ON THE MONTENEGRIN COAST.

A RARE OPPORTUNITY ON THE MONTENEGRIN COAST.

Hotel Žager brings together scale, waterfront positioning, substantial existing development and further expansion potential within a single hospitality asset. Its accommodation capacity, extensive hospitality facilities and ability to support multiple revenue streams provide a future owner with flexibility in how the property is positioned and operated.

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Bay of Kotor at golden hour

NEXT STEPS

LET’S DISCUSS THE OPPORTUNITY.

LET’S DISCUSS THE OPPORTUNITY.

LET’S DISCUSS THE OPPORTUNITY.

Further information regarding the property, development status, documentation and investment potential is available to qualified interested parties. For additional information or to arrange a private presentation of Hotel Žager, please contact us.

Further information regarding the property, development status, documentation and investment potential is available to qualified interested parties. For additional information or to arrange a private presentation of Hotel Žager, please contact us.

REQUEST FURTHER INFORMATION