Budva has announced a €250,000 design tender for a multistorey parking garage that will feature 243 spaces. This initiative is part of the municipality’s ongoing investment in transportation infrastructure, driven by increasing tourism and residential development that is putting pressure on the city’s road network.
The proposed facility will be situated in the Dubovica neighbourhood and aims to include a solar façade as part of its energy-efficient design concept. The deadline for bids for the design contract is set for November 2.
This project aligns with Budva’s broader strategy to enhance structured parking capacity while decreasing dependency on street parking in densely populated urban areas. In addition, the municipality has awarded a separate contract valued at approximately €5.5 million for two prefabricated parking facilities near the Merit Starlit and Mogren hotels.
These initiatives indicate an increase in municipal spending on infrastructure necessary to support Budva’s growing accommodation, apartment, and tourism sectors. The city faces persistent parking shortages, particularly during the peak summer season when both population and vehicle numbers surge.
For property developers, limited access and insufficient parking can diminish the appeal of new residential and commercial projects. Similarly, congestion can hinder tourism businesses by affecting visitor experiences and the operational efficiency of hotels and restaurants.
The Dubovica project is currently in the design phase and should not yet be considered a confirmed construction investment. The ultimate cost of the building will depend on various factors including the approved design, structural solutions, equipment, and energy systems.
Integrating photovoltaic elements may elevate initial capital costs but could lower ongoing electricity expenses while showcasing how municipal infrastructure can incorporate distributed renewable energy sources. The design contract presents opportunities for architects and engineering consultants, with subsequent construction potentially generating work for civil contractors, parking-system suppliers, electrical contractors, and solar-equipment providers.
Budva continues to face significant infrastructure challenges. Private property development has often outpaced public investments in roads, parking facilities, water supply, and wastewater systems. This discrepancy becomes particularly apparent during tourist seasons.
While new garages may help alleviate some issues, investment in parking alone will not fully address traffic congestion. Long-term solutions will necessitate improvements in public transport, pedestrian infrastructure, and better management of vehicles entering central tourism areas.
The latest tender reflects Budva’s shift from temporary parking solutions to more substantial purpose-built infrastructure. As demand continues to grow due to new hotels, apartments, and commercial developments, municipal infrastructure spending is expected to play a crucial role in the city’s real estate investment cycle.
