Developer Gugi Commerce has submitted a request to Tivat planners for a change in land-use designations near its hotel located in Opatovo. The company is seeking additional rights for tourism or mixed-use development as the municipality embarks on drafting a new spatial plan that will extend through 2040.
The proposal includes two parcels currently classified as green areas, one of which spans approximately 2,021 square metres. This request is part of Tivat’s comprehensive urban planning initiative, which aims to establish long-term construction guidelines in one of Montenegro’s prime coastal property markets.
This case holds commercial significance as alterations in zoning classifications can significantly impact land values, especially in coastal regions. The request follows prior controversies related to Gugi Commerce’s hotel project, which reportedly exceeded its originally permitted dimensions before entering a legalization process.
As of now, Gugi Commerce’s latest request remains pending approval. The ongoing planning process will ultimately determine whether the identified parcels can support further development.
Tivat’s forthcoming spatial plan is being developed under a contract valued at approximately €270,000, and it is expected to influence future investments in hotels, residential properties, tourism, and infrastructure until 2040.
This situation underscores the critical nature of zoning certainty within Montenegro’s coastal real estate sector. Properties near established tourism facilities can see significant increases in value if development rights are granted; however, environmental and planning regulations may also restrict their commercial potential.
A broader policy concern arises regarding municipalities’ ability to balance ongoing tourism and property investment with the preservation of green spaces, while ensuring that the legalization of constructions does not replace adherence to proper planning protocols.
The new spatial plan for Tivat is anticipated to be closely monitored not only by Gugi Commerce but also by other developers operating in one of Montenegro’s most dynamic real estate markets.
