Residential & business complex
Luxury residential and business complex “Fontana Center”, Budva is located between “Mediteranska” street and “Slovenskaobala” seaside pedestrian road. Furthermore, it is situated within 80 meters from the nearest beach, 400 meters from the Old Town and 200 meters from the Old Port and “Marina Budva”. The prime location of the complex was the main reason of making one of the buildings a city hotel operating all year-round. Complex “Fontana Center” is formed of five separate building above basement level with unified underground structure below which forms a two level garage. Each of the five buildings is made-up of basement, ground and upper-ground floor from which two buildings additionally have 13 floors and two 7 floors. “Fontana Center” has been designed as an earthquake-proof structure with natural and environmentally acceptable materials followed by excellent thermal, acoustic and water-resistant characteristics. Staircases and elevators provide all communications within buildings. Connection between garage and ground floor is separate and provided by one staircase and elevator and connection from ground floor to all upper floors is provided by central staircase and two elevators. The two level garage with capacity of 139 parking spaces is designed to have fully automated traffic and all safety and fire-resistant ventilation systems.
All finishing work for exterior and public spaces will be done with high quality materials such as natural stone, marble and high thermal isolating glass as well as railings on terraces and balconies made from stainless-steel and glass. Interior comprises of parquet, high quality ceramics and sheeted wooden doors. Exterior doors and windows are made partially from wooden interior and aluminum exterior in addition to having aluminum shutters. All remaining finishing materials are made to follow high quality standards. Hotel “Fontana” within “Fontana Center” will be located in building B. Basement, ground floor, upper-ground floor and roof terrace are intended to be hotel common grounds such as lobbies, cafés, restaurants, Spa&Gym and other hotel facilities. It is intended that hotel management hold the control of the entire garage operation and maintenance. Accommodation section of the hotel (floors I to VII) comprises of 78 double-bedrooms (22 interconnected, 24 standard, 24 superior), 8 penthouse suits of type 1 and 2. The hotel is to be finished by summer 2015. It will be 4* fully furnished, probably with Best Western license and standard furnishing. Developers are offering partial ownership of 50% or hotel can be fully owned. Interesting that a Tour Operator has offered to buy 150 days full capacity per year in advance from the day hotel is open, this deal is still available! Which means the investor will buy already profitable hotel! It was estimated that on the 60% occupancy rate hotel will make around €1,5 million profit.