About Terme Ostrog project

The TERME OSTROG envisages construction of an thermal spa&wellness, hotel and healthcare complex which combines world-class amenities, rustic comfort and spiritual atmosphere with a stable outlook for investment near the greatest sanctuary for Orthodox Christians - Ostrog Monastery.

The resort has a total of 66 582m2, with 4-star hotel with 40 rooms and 11 apartments in the touristic village. There are also several other amenities such as health centers that provide relaxation therapy or rehabilitation programs. It also contains an artificial lake that has waterfalls as well as underground parking.

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Project complex is divided into several independent functional units, each with their own specific phase of implementation. However, these different parts are organized in such a way that preserves the unique spiritual and visual sensation for visitors.

The need for design of multifunctional units stemmed from an analysis on the existing situation, investor needs and geographical characteristics. The complex has been designed on the basis of integrated development planning space for health and religious tourism compatible with the protection and affirmation of the natural and cultural landscape and local community values.

We aim to create a true form of cooperation between natural, health and religious needs through authentic visual expression in space which would further motivate tourists and pilgrims to stay longer at this location.

  • In the planning documentation of the of the Montenegro, the project is envisaged for the developing spa-hotel, tourist complex and registered as a tourist development zone.
  • The terrain with pronounced slope and provides spectacular views of the monastery Ostrog, the Bjelopavlići plain, Zeta river.
  • Position represents a unique air spa caused by mixing mountain and sea climate, perfect for thermal spa&wellness.
  • Location provides opportunities for phased implementation by merging the parcels, depending on the needs of investors and thereby enables the reduction of investment risk.
  • According to the Law on Tourism of Montenegro, hotel-tourist complex with 4 and more rating stars is significantly exempted from utility tax obligations. This conditions also provide to subsidize the engagement of employees in the first years of work.

4+ star hotel and touristic resort

A luxurious touristic resort that offers 11 different suites to accommodate your needs and high-end hotel with 40 rooms

Multifunctional restaurant

The perfect place for all types of ceremonies, conferences and other events. Large seating capacity - up to 1000 people

Health center

The health center is a functional division of several smaller ensembles which provides the best care possible.

Artificial lake with waterfall

Sound of the stream and gentle lapping waves are enough to get lost in while enjoying moment by sitting at one of many tables along the park

Rehabilitation and relaxation center

Center for rehabilitation and relaxation which includes a spa, wellness center with thermal water, healing mud therapies.

Sport fields

The wide open spaces of the country are perfect for playing sports. There would be several fields that can serve different purposes

Rooftop bar

The rooftop bar will have spectacular views of nature. Enjoy spectacular views of nature, including majestic mountains and lush forests.

Underground garage

The uderground garage will offer plenty of parking space it will also be hidden from plain view.

Eco-green hotel concept powered by solar power plant on an additional 60000m2 area

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awarded by Medical Spa Association of Montenegro  with Wellness & Spa Award.

ENTRY CRITERIA

Financial subsides and support in a government-approved development project in the regional and non-valorized areas. Montenegrin Government also provides many benefits for foreign investors as a program "Montenegro Citizenship by Investment".

THE GOAL

The idea is to make this project sustainable powered by geothermal energy and solar power plant. Few tens of meters under land surface is found source of thermal water that makes this location unique in Montenegro as a health and thermal center.

Registered 5MW solar power plant on additional 60000m2 area next to the hotel area will provide 70% energy efficiency for the project Terme Ostrog.

OUR VISION

Our priority is to provide high service and satisfaction for our clients and to become regional number one wellness retreat and health center. Our concern is maintenance of the complex and greenery, safety and security, taking care of the environment and everything else which enables visitors to fully enjoy the comfort and relaxation ambient of the Terme Ostrog.

REGISTRATION AND SUBSIDES

In the planning documentation of the state of Montenegro, the project is envisaged for the developing spa-hotel, tourist complex and registered as a tourist development zone. According to the Law on Tourism of Montenegro, hotel-tourist complex with 4 and more rating stars is significantly exempted from utility tax obligations. These conditions also provide to subsidize the engagement of employees.

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