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Municipality of Budva - SVETI STEFAN PROJECT
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CRVENA GLAVICA, Sveti Stefan, Montenegro 

 

The site Crvena glavica is located on the most beautiful and most exclusive part of the 

Coast of Montenegro, close to the tourist settlement Sveti Stefan.  

 

The surface is approximately 3.64 ha.  

On this location the owner has planned construction, in accordance with the Deatiled urban plan, of a luxurious complex that is going to have tourist –business purpose with a variety of facilities, which means combination of accommodation capacity of apartment offer and exclusive residential facilities, as well as its infrastructure and traffic components. Urban plan includes construction of an internal traffic line joining the area with the main road and the planned street through the settlement Sveti Stefan.  

 

The area of the apartment settlement Crvena glavica is divided into several different 

zones with complementary purposes. 

 

Zone 1  

 

The largest part of the area is designed for tourist objects with high class 

apartments. Each object is planned to be connected to the traffic line that presents 

communication for supplying and emergency cases, i.e. a promenade. The objects are 

predominantly with flat roofs that are turned into green space and shall be used for rest 

and recreational purposes. Taking in consideration that the objects are set on a cascaded 

ground, large terraces shall be turned into hanging gardens, so as to enrich the space. 

 

Zone 2  

 

The second zone consists of a complex of objects intended for tourism, in form 

of villas. The buildings shall be detached in order to shape a separate ambience with the 

complementary green surfaces. 

 

Zone 3 

 

The third zone consists of surfaces and objects intended for collective use, in the 

function of the apartment settlement. This also includes maintenance of the apartment 

settlement, service and providing facilities (shops, catering objects, multifunctional halls 

and the like). The zone consists of several parts of which each can provide a particular 

part of the settlement. 

 

Zone 4 

 

The fourth zone consists of the complexes for recreation, that is system of 

connected pools. 

 

Zone 5 

 

The fifth zone consists of the area intended for sports and children, that is sports 

grounds and children playgrounds. This zone is concentrated next to the pools. 

 

Zone 6 

 

The sixth zone is the one for underground parking on several levels, and it is 

located under the pools and objects in the part of the complex turned towards St. Stefan 

as well as under the objects which are located in the eastern part of the range. By an 

underground pedestrian passage the garages are on different levels connected to the 

residential units or open plateaus from which different floors can be reached by lifts. 

Such defining of horizontal and vertical communication results from the concept of the 

settlement itself and the incline of the ground. 

 

Zone 7 

 

The seventh zone is the one of tourist objects which are functionally and 

regarding traffic separated from the rest of the complex and each of them presents an 

autonomous unit, „A“ type villas– in the function of tourist trade. 

 

Zone 8 

 

This is the zone of the Enterprise for Coastal Management where a promenade 

„lungo mare“ and recreational facilities are planned. 

 

PLANNED CAPACITIES 

In the area of Crvena Glavica it is planned to carry out the construction of the following 

objects: • tourist objects of apartment type, levels from GF+2 do GF+4; • objects with 

servicing and commercial facilities, in basements and ground floors of the objects as well 

as detached objects, floor GF. • tourist objects – “B” type villas levels from GF+2, 

basement garages are intended depending on the ground. •”A”type villas, ten objects, 

level GF+2 • underground garages that have from to up to six underground levels. 

The planned objects have total gross construction surface of 30,000m². 

Objects of apartment type – 26,000m², of which 11,000m² above the ground, all the rest 

are basements. “B” type villas – 3,400m². “A” type villas – 3,000m². Objects of services 

and maintenance – 1,000m² on basement level of apartment objects. 

Underground garages cover the surface of 14,660m² or 474 parking places. Number of 

garage places can be increased if necessary, by increasing the number of underground 

levels. 

 

Complying with standards of tourist accommodation, the basic residential unit would be 

of the surface of approx. 80m², planned for two, three or more persons. In that case the 

apartment settlement would contain approx. 450 residential units, corresponding to the 

number of about 1,350 inhabitants/ users of the settlement. 

If the service staff and users of supporting facilities are taken in account, the total number could be approx. 1,404 persons. 

 

Besides accommodation capacities, the following facilities are planned on the location 

(within and outside the object):  

 

• 4 pools within the aqua-park,  

• 2 pools in the villa area  

• pools and recreational facilities • 2 children playgrounds,  

• sports grounds – trim tracks,  

•3-5 specialized restaurants,  

• 6 cafés and beach bars,  

• central laundry,  

• outpatient clinic and pharmacy  

• shops,  

• wellness centre. 

 

The owner is interested in both JV or sale 

 

JV starting condition is 50% of the objects  

 

 

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Municipality of Budva - SVETI STEFAN PROJECT

CRVENA GLAVICA, Sveti Stefan, Montenegro 

 

The site Crvena glavica is located on the most beautiful and most exclusive part of the 

Coast of Montenegro, close to the tourist settlement Sveti Stefan.  

 

The surface is approximately 3.64 ha.  

On this location the owner has planned construction, in accordance with the Deatiled urban plan, of a luxurious complex that is going to have tourist –business purpose with a variety of facilities, which means combination of accommodation capacity of apartment offer and exclusive residential facilities, as well as its infrastructure and traffic components. Urban plan includes construction of an internal traffic line joining the area with the main road and the planned street through the settlement Sveti Stefan.  

 

The area of the apartment settlement Crvena glavica is divided into several different 

zones with complementary purposes. 

 

Zone 1  

 

The largest part of the area is designed for tourist objects with high class 

apartments. Each object is planned to be connected to the traffic line that presents 

communication for supplying and emergency cases, i.e. a promenade. The objects are 

predominantly with flat roofs that are turned into green space and shall be used for rest 

and recreational purposes. Taking in consideration that the objects are set on a cascaded 

ground, large terraces shall be turned into hanging gardens, so as to enrich the space. 

 

Zone 2  

 

The second zone consists of a complex of objects intended for tourism, in form 

of villas. The buildings shall be detached in order to shape a separate ambience with the 

complementary green surfaces. 

 

Zone 3 

 

The third zone consists of surfaces and objects intended for collective use, in the 

function of the apartment settlement. This also includes maintenance of the apartment 

settlement, service and providing facilities (shops, catering objects, multifunctional halls 

and the like). The zone consists of several parts of which each can provide a particular 

part of the settlement. 

 

Zone 4 

 

The fourth zone consists of the complexes for recreation, that is system of 

connected pools. 

 

Zone 5 

 

The fifth zone consists of the area intended for sports and children, that is sports 

grounds and children playgrounds. This zone is concentrated next to the pools. 

 

Zone 6 

 

The sixth zone is the one for underground parking on several levels, and it is 

located under the pools and objects in the part of the complex turned towards St. Stefan 

as well as under the objects which are located in the eastern part of the range. By an 

underground pedestrian passage the garages are on different levels connected to the 

residential units or open plateaus from which different floors can be reached by lifts. 

Such defining of horizontal and vertical communication results from the concept of the 

settlement itself and the incline of the ground. 

 

Zone 7 

 

The seventh zone is the one of tourist objects which are functionally and 

regarding traffic separated from the rest of the complex and each of them presents an 

autonomous unit, „A“ type villas– in the function of tourist trade. 

 

Zone 8 

 

This is the zone of the Enterprise for Coastal Management where a promenade 

„lungo mare“ and recreational facilities are planned. 

 

PLANNED CAPACITIES 

In the area of Crvena Glavica it is planned to carry out the construction of the following 

objects: • tourist objects of apartment type, levels from GF+2 do GF+4; • objects with 

servicing and commercial facilities, in basements and ground floors of the objects as well 

as detached objects, floor GF. • tourist objects – “B” type villas levels from GF+2, 

basement garages are intended depending on the ground. •”A”type villas, ten objects, 

level GF+2 • underground garages that have from to up to six underground levels. 

The planned objects have total gross construction surface of 30,000m². 

Objects of apartment type – 26,000m², of which 11,000m² above the ground, all the rest 

are basements. “B” type villas – 3,400m². “A” type villas – 3,000m². Objects of services 

and maintenance – 1,000m² on basement level of apartment objects. 

Underground garages cover the surface of 14,660m² or 474 parking places. Number of 

garage places can be increased if necessary, by increasing the number of underground 

levels. 

 

Complying with standards of tourist accommodation, the basic residential unit would be 

of the surface of approx. 80m², planned for two, three or more persons. In that case the 

apartment settlement would contain approx. 450 residential units, corresponding to the 

number of about 1,350 inhabitants/ users of the settlement. 

If the service staff and users of supporting facilities are taken in account, the total number could be approx. 1,404 persons. 

 

Besides accommodation capacities, the following facilities are planned on the location 

(within and outside the object):  

 

• 4 pools within the aqua-park,  

• 2 pools in the villa area  

• pools and recreational facilities • 2 children playgrounds,  

• sports grounds – trim tracks,  

•3-5 specialized restaurants,  

• 6 cafés and beach bars,  

• central laundry,  

• outpatient clinic and pharmacy  

• shops,  

• wellness centre. 

 

The owner is interested in both JV or sale 

 

JV starting condition is 50% of the objects  

 

 

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