The Government of Montenegro invited on Saturday, December 20, local and international investors with proven financial standing and track record in design, construction, and management of complex tourism facilities to apply to the tender for the long-term lease of tourist complex Valdanos. The complex is offered for lease for 30 years, with a possibility of extension.

Valdanos cove is situated 4 km to the southwest of Ulcinj. The surface of the inland area is app. 346 hectares. Valdanos beach extends from north to south, it is 342 meters long and 11 meters wide and it covers surface of 3564 square meters. There is the military vacation home situated on Valdanos cove, which surface is 8.767 square meters and which is not in use.

The public invitation also states that Valdanos cove represents registered sub-aqueous archaeological locality where significant sub-aqueous finds dating from the antique times can be expected. Locality is historically renowned and covered by numerous olive trees.

Interested investors should submit their bids by March 3.

For more information visit the website of the Montenegrin Privatisation Agency