Realization of project at Cape Zavala in Budva – completion of villas prior to May 31st

Russian company "Mirax Balkan" has announced that it has intensified the works on realization of large building project "Astra Montenegro", at the Cape of Zavala near Budva, in which about 200m EUR will be invested.

The CEO of company "Mirax Balkan", Vječeslav Leibman, told Tanjug that the works on completion of 38 luxury villas were being carried out as planned, and that between 100 and 400 people were working on façades and interiors of those facilities every day.

Leibman said that the construction of road infrastructure and pedestrian walks in that exclusive housing project was underway, as well as construction of auxiliary facilities, such as restaurants, coffee shops, parks, various retail facilities and recreation space.

- Although the construction has not been completed yet, we have already sold 60% of villas to rich and well-known buyers from Russia, and that is why we have founded the Council of Buyers, the members of which are visiting the building site in Budva once a month, and their travel costs are covered by "Mirax" – said Leibman.

He announced that all the works would be finished prior to May 31st. Company "Mirax" plans to lay the foundation stone in the same location this autumn for construction of a super-luxury 30-storey hotel.