Radisson Blu Hotel & Residences Tivat in the final stages: The ALK Group builds long-term partnerships and values joint success
Source: PR
Wednesday, 23.09.2026.
23:53
Wednesday, 23.09.2026.
23:53
(Photo: ALK Group)
The project is being developed on the site of the former Hotel Tivat, opened in 1971. which is getting a completely new face today. The complex offers modernly equipped residences, a wellness area of 300 m² and an indoor pool, while there is a restaurant on the roof with a panoramic view of the Bay of Kotor.
The characteristic feature of the project is the condo rental model, which allows owners to use their apartment up to 60 days a year, with prior notice and in accordance with project rules. During periods of non-use, the apartment is included in the hotel rental program, within which the hotel takes over all the care regarding the issuing and maintenance. In this way, the owner has the possibility of personal use of the apartment, while the hotel system takes care of its functioning during the period when it is not in use.
(Photo: ALK Group)
Concept and commitment to standards
The name ALK symbolizes the experience in construction from the Alps to the Carpathians. Experience in the execution of works from those markets applies to all group projects, and so on the complex in Tivat as well. About how quality is created in practice and how the company monitors all development stages, Mr. Amel Papić, director of ALK Nekretnine speaks out:
- For us, it is equally important that every project has its own identity. We do not want to create properties that simply fit into the standard market offering, but rather ensure that each one provides added value through its architecture, design, amenities and the way it will be experienced and used.
That is why, at ALK, we are directly involved in the development of every project, from the initial sketches and selection of materials to the interiors and final delivery. The company’s management and our closest partners play a key role in this process, as we believe that this is the only way to preserve the project’s core idea from beginning to end and avoid compromises where they could affect quality.
(Photo: ALK Group)
Radisson Blu Hotel & Residences Tivat is now entering the final stages of the sale of the residential part of the project. The dynamics of the pre-sale confirmed the great interest of investors, and only 17 available units remain in the offer. With an initial price of €7,500/m², the amount includes the complete furnishing of the space, and the final completion of construction is expected in mid-2027.
ALK Group`s commitment to the Montenegrin market is confirmed through the following projects in Budva, Kotor, Podgorica and Skočiđevoja. From the renovation of the Splendido Hotel, under the protection of UNESCO, to new complexes on the coast and in Podgorica, they approach every project with care, guided by the principle that behind each of them the ALK Group stands with its name.
(Photo: ALK Group)
Joint success and support for partners
Entering the final phase of the project sale in Tivat,
ALK Group also announces a new, even stronger phase of cooperation with agencies and real estate agents.
Outstanding results deserve a special award. For the partner who achieves the best results in promotion and sales, ALK Group has prepared a valuable recognition - the latest Mercedes E-Class. This initiative represents a natural continuation of building long-term relationships with partners who actively participate in the presentation of the company`s projects.
The implementation of the project in Tivat relies on experience which was confirmed by ALK Group through the already completed Vuelo Sobre complex in Bečići. In parallel with the final construction works, the company continues to expand its portfolio and strengthen the partner network, ready to jointly achieve top results at the next locations.
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