WELCOME TO MONTENEGRO’S FIRST

SKI RESORT

OOO3OOO MONTENEGRO

Montenegro, the pearl of the Mediterranean, unique in many ways, is situated in the south of the Adriatic. It is one of the most southern European states, adjacent to the southern Adriatic Sea. Montenegro lies on the Balkan Peninsula in the very heart of Europe. Nowhere else can you find, so much natural wealth, beauty, mild beaches, clear lakes, fast rivers, and gorgeous mountains in such a compact area as in Montenegro. In the morning you can wake up along the beautiful Adriatic coast, have lunch on the banks of Skadar Lake, and enjoy an evening walk in the Montenegrin mountains. Montenegro cannot leave you indifferent.

Not only an excellent choice for holidays, Montenegro has many other remarkable characteristics: history, culture, tradition, good weather conditions, clean air, beautiful BOKA nature, the blue Adriatic Sea.... Everyone should visit Montenegro. This little country SKI combines features of both the Balkans and the Mediterranean. Despite its small size, Montenegro offers great diversity and abundant natural beauty. Don’t forget to take your camera to capture the dream-like grandeur of every view in Montenegro. You won’t need to stage your photos; just click and capture the most beautiful photos from your holidays in your album. Montenegro is calling you. Don’t miss the chance to visit one of the most interesting spots in the world. Montenegro - Breathtaking Beauty!

OOO4OOO OOO5OOO MONTENEGRO Montenegro as an Investment direct flight connections to major European cities (none of which is Montenegro has remained an more than 3 hours’ flying time). EUROPE’S attractive investment and high- The airport will also incorporate a MOST ATTRACTIVE end tourist destination. With the helicopter terminal. country’s government actively INVESTMENT encouraging inward investment, Following the completion of a DESTINATION supporting rapid growth in the new highway between Berane luxury tourism market and the and Kolašin, the distance between completion of notable projects those two towns and the distance WITH such as Porto Montenegro, the from Kolasin to the new proposed country’s investment credentials airport, will be reduced to only 15 OUTSTANDING have drawn minute drive. worldwide acclaim. NATURALBEAUTY International IDEAL GEOGRAPHICAL High-End Tourism airports in Tivat and POSITIONING Dubrovnik directly The World Tourism BOKA connect Kolašin with RAPID ECONOMICAL & Travel Council SKI Paris, Rome, Munich, GROWTH (WTTC) has forecast Vienna, Zurich and 9% COMPANY INCOME Montenegro to be Warsaw, amongst the fastest growing other destinations. St. AND CAPITAL GAINS tourism destination globally, Petersburg and Moscow are both TAXES supported by top-rated investors only two hours away with London and operators such as Orascom, being an easy two and a half hours. One & Only Resorts, Aman Resorts and Qatari Diar, who are developing In addition to Kolašin’s the country’s international quality international accessibility the FLIGHT TIMES (IN HOURS) resorts. resort also benefits from unrivalled ATHENS 1:00 local connections being situated Accessibility on the main highway and railway FRANKFURT 1:40 line directly linking the coast and LONDON 2:30 Podgorica International Airport is Serbia as well as other surrounding MILAN 1:00 90 minutes from Kolašin and offers countries. MOSCOW 2:30 PARIS 1:45 ROME 0:45 VIENNA 1:10 MONTENEGRO ZURICH 1:10

PODGORICA AIRPORT 80km

THREE INTERNATIONAL AIRPORTS TIVAT AIRPORT DIRECTLY CONNECT 140km SKI RESORT RESIDENTS

WITH MAJOR EUROPEAN CITIES DUBROVNIK AIRPORT 220km

OOO6OOO OOO7OOO NORTHERN Montenegro’s mountains offer of an eagle held aloft above you deep, light powder, virtually no as you gaze from the bottom of MONTENEGRO people and acres of perfectly Europe’s deepest canyon. spaced beech trees. The tourist facilities in mountains are Although it is the smallest of the concentrated around the towns four principal National Parks in of Žabljak and Kolašin. During Montenegro, Biogradska Gora the winter, the main activities near the Kolašin area, is the oldest include skiing and snowboarding. of the four and contains a diversity However, in the summer activities of flora and fauna unlike anywhere shift to climbing and recreational else. There are 26 different plant tourism. One of the most habitats making a home for 220 prominent attractions on or near different plant species, 150 kinds mountains include 18 glacial lakes, of birds, and 10 kinds of mammals. best known of which is Crno jezero. In the Park’s forests alone there are 86 kinds of trees and shrubs. One of the best ways to gain an Finally, in the waters of the Park authentic feeling for Montenegro there exist three kinds of trout involves rafting down the Tara and many other aquatic species. river that flows In summer is also between Sinjajevina popular visiting and Durmitor high tops with land mountains to your cruisers. Hunting left and Bjelasica, is permitted out of Ljubisnje, and Zlatni BOKA region of Category Bor mountains to SKI II and fishing is your right. Because permitted in lakes. of its legendary clarity, the Tara River Basic elements is named “the tear of Europe”, and of Biogradska Gora include: travelling its waters is an enjoyable untouched forests with trees activity that is accessible even to over five hundred years old, large beginners. Other true delights mountain slopes and glacial lakes along the Tara include the ancient found at altitudes as high as 1820m relic woodlands that dot its banks, (nearly 6000 feet). waterfalls and to follow the flight

UNTOUCHED BEAUTY

OOO8OOO OOO9OOO DISCOVER KOLAŠIN

Kolašin is a town in northern Montenegro and has a population of nearly 3,000. It is the biggest centre of the Montenegro’s mountain tourism sue to its positioning and conectivity by rail and road. Kolašin has an already established ski center, situated at an altitude of 1450m, perched on side of the Bjelasica Mountain, with six ski lifts and no existing ski in/ski out facilities. BOKA The ski season starts in mid December SKI and runs through to mid April. Although Kolašin has become known for its winter enchantments, there is another side to the resort.

During the summer ever increasing numbers of people hike through the sun-drenched alpine forests, raft through the raging white waters of the Tara Canyon, or visit Biogradska Gora National Park. All situated some 15 minutes from Kolašin making Kolašin an all year round retreat.

OOO10OOO OOO11OOO OOO12OOO OOO13OOO KOLAŠIN 1450 The ski center has the following mountain centers have been facilities and equipment: envisaged - Kolasin 1450 and SKI CENTER Kolasin 1600, both of which are Ski room with an electronic toll connected, and cover an area of system point for selling of ski 1,117 ha. In addition to the existing passes (Ski Data), a ski and board six elevators, the construction of a renting area with the capacity of further 6 lifts are envisaged within more than 400 sets, an electronic the Kolasin 1450 mountain center ski depot room, a ski equipment area and an additional lift within heating and disinfection area, as the Kolasin 1600. well as a room with machines for the maintenance of ski equipment. The Location Study for the Kolasin 1450 Tourist Village envisages the Restaurant with seating capacity construction of five hotels, five of 80 chairs and a terrace with apartment buildings, three multi- seating capacity of 300 chairs. family units, 45 lodges (Kolasin chalets), restaurants, maintenance, National cuisine restaurant with ski equipment renting and Nordic seating capacity of 40 chairs and Spa, with planned minimum a terrace with seating capacity of accommodation capacity of 10 chairs. Below the restaurant, 1,992 beds. The plan includes the there is a garage with parking lots construction of parking area on for 14 snowmobiles, 5 floors with total 10 snowmobiles for capacity of 1,644 cars children and 12 four- per day and 20 buses, wheelers. enough to meet the needs of 5,800 daily Three snow BOKA skiers. groomers, one with SKI a winch allowing The regional road for works on steep Kolasin – Sošice – slopes. Lubnice - Berane passes just next to the boundary of Garages for all snow groomers Kolasin 1450 mountain resort and have central heating, and a its reconstruction is in progress. workshop for the maintenance of This road leaves ski resort only the groomers. The upper floor of 9km away from Kolasin, and when the garages accommodates resort reconstructed the resort will be at administration offices. only 22km away from Berane.

The existing infrastructure within Upon completion of the highway the ski resort consist of Ski lift Bar - Boljari, ski resort will be at Jezerine, Ski lift Carev Do, Ski lift 18km from highway access point Ključ, two-seater and six-seater in Mateševo, with another access cable cars, and a baby ski lift. The point at 22 km away using the total length of the ski slopes within road to Berane. the Mountain centre is about 20km. Some of the slopes are equipped The Urban Spatial Plan for the with artificial snowmaking system. Municipality of Kolasin envisages a ski gondola from Kolasin to the Ski With the adoption of the center using the following route: Spatial plan of Special Purpose Breza - Railway station - Smrčje - for Bjelasica and Komovi, two Ćirilovac - Jezerine. KOLAŠIN 1450 SKI CENTER

OOO14OOO OOO15OOO KOLAŠIN 1450 Intermediate stop at the railway Gondola would have 213 cabins station is a perfect and unique SKI CENTER with 10 passengers. The total location, as it immediately opens capacity of the gondola would be up the possibility of organizing ski 2,000 passengers per hour. The and summer trains from the coast, road from Breza to the ski slopes but also from all the other places would last 30 minutes at the speed along the railway Belgrade-Bar. of 6m per sec. Length of the first section to Smrčje is about 5650m, 3.First section ends at Smrčje, with with the altitude difference of 80 possibility that only this section is meters, 15 minutes and 42 sec. of operational or the cabins without travel time, and a maximum of 111 break or pause continue towards baskets. The length of the second Ćirilovac and mountain. With the section from Smrcje to Kolasin installation of station at Smrčje, 1450 is around 5150m, with the the location would increase by altitude difference of 400 meters, multiple times, as it would directly 14 minutes and 21 sec. travel time, connect tourist village with Kolasin and a maximum of 102 baskets. In ski resort. addition to the starting point, the intermediate stop at the railway 4.The next intermediate stop in station, the section on Smrčje, the this direction would be Ćirilovac intermediate stop at Ćirilovac and Monastery. The gondola route the pivot point at would be 200m away Jezerine, gondola from the Monastery. would have about Ćirilovac is located on 58 columns. 1.535 altitude. With gondola visitors to 1.Plans have been BOKA this location can in made for the land SKI the summer take a in front of the old walk to the ski slopes barrack Breza to be and onwards or return the starting point to Kolasin, which of gondola. The total area of this certainly would be an exquisite part is about 17.500m2, with a offer for the city. The highest parking capacity of a minimum gondola point would be on the 600 vehicles. Ključ crook at 1880 altitude, on the left from the threshing-floor 2. An interstation can be placed at and the chapel at Ključ, which may the railway station – the location be quite attractive. What is even between two roads and over the more attractive is the fact that the lower road. The existing parking lot gondola would in only 800 meters can accommodate approximately distance surmount the rise of 70 vehicles, whereas the area 300 meters altitude, with a sharp between the upper and lower descend towards the ski slopes in road could accommodate another the same distance thereafter. twenty vehicles. This location however is not that important 5.The last station would be on for parking, as the main purpose top of the planned parking within of the station to serve the train. Kolasin 1450 mountain center.

KOLAŠIN 1450 SKI CENTER

OOO16OOO OOO17OOO SKI Boka Ski Resort will be the commercial units as well as the first regional mountain resort development of a further ski lifts. RESORT developed to high international Standards in the heart of an unspoilt Boka Ski is the only development wilderness. Variety of winter and in the country to receive summer activities, state of the art planning that adjoins an already ski system and the close vicinity operational ski center. The resort of the Montenegrin coast make has been master-planned as a fully Kolašin 1450 a favourable year- sustainable tourist/ski destination around destination with an environmental for both families and conscience by adventure travelers. leading Ski resort master-planner “Eco Boka Ski Resort has BOKA Sign”, with full plans been granted special for the future ski purpose planning SKI centre extension and by the government upgrade. of Montenegro meaning that planning has been The master plan layout and design granted for a greenfield ski resort has been influenced by the most with a capacity of approximately successful ski resorts in the world, 500 units and 2,000 beds mixed learning lessons and brining new between 5 hotels, 8 apartment technology, combined with the buildings, 45 private chalets - all region’s unique design character. surrounded by amenities such All construction materials are being as a number of restaurants, bars, locally sourced and manufactured. shops, Nordic Spa facility and

DISCOVER EUROPE’S BEST-KEPT SKI SECRET

OOO18OOO OOO19OOO OOO20OOO OOO21OOO Objects from A to M in total Objects from A to M in total Direction Kolašin 1600

Ground Floor area 16,555 m2 Ground Floor area (per unit) 100 m2 GBA 55,158 m2 GBA 12,123 m2 Commercial content 5,609 m2 Number of Units 45 Outside zone Nordic SPA 0.5 ha hot-cold pool, Storage space gross 31,494 m2 Number of Beds 270 sauna and ancillary facilities. Number of Units 521 Number of Skiers 78 Number of Beds 1,722 Number of Skiers 992

Object J - mixed content object Nordic Spa and accommodation (dressing room, massage room)

Level 5 Absolute height entrance 1430 Zone of the existing ski complex Future tunnel for Jelovaca POSITION OF THE LOCATION

Footbridge Level 3 Level 4 Planned entry into resort Absolute height Absolute height and roundabout entrance 1423 entrance 1426,5

Entrance to the Existing facilities complex one family planned for accommodation units reconstruction

Level 2 Absolute height entrance 1419,5

Level 1 Current road Absolute height entrance 1430

Bus stop and parking

Elevator and access plateau

Existing service facilities

Object a - Restaurant Parking structure Object b - Maintenance and office Object c - Restaurant 5 levels 1,644 cars Footbridge 20 buses 5,800 skiers

OOO22OOO OOO23OOO NATIONAL PARK BIOGRADSKA GORA

KOLAŠIN 1600 1350 Skiers POSITION OF THE LOCATION THE RESORT

KOLAŠIN 1450 6900 Skiers

Ecosign Mountain Resort Planners Ltd.,the world’s most experienced

Planned entry in mountain resort planning firm have been engaged as the master planers Ski Resort for evaluating the potential of the Bjelasica & Komovi region with a view of creating a sustainable Skiing facilities and maximizing potential of the natural resources of the region. During the past 39 years, Ecosign has established itself as a leader in the design of successful, award winning and profitable mountain resorts KOLAŠIN 1450 completing over 360 resort development eastern slopes BOKA 6900 Skiers projects in 36 countries spanning 6 SKI Existing entry in continents as well as the design of 5 winter Ski Resort Parking for Olympic Games and several World Alpine day skiers 2,6 ha max Championships venues.

This include the plans for future upgrades of the ski facilities, including building of new pistes and ski lifts, to cater for the future demand and expansio .

Ski Resort Kolasin 1450 capacity 9.250

Legend:

Accommodation for visitors Categorization of ski slopes Existing route Potential for development Easy Roads should paved Planned lift Hard with asphalt Ski tracks The hardest Existing lift Paved roads in plan Lift to be removed Parking for day skiers Mountain restaurant Forest Ski patrol Watercourses Potential ski area Municipal boundaries

OOO24OOO OOO25OOO OOO26OOO OOO27OOO AN ALL-NEW SKI VILLAGE

WILL OFFER:

LUXURY SKI IN/SKI OUT RESIDENCES

HOTEL CONDOMINIUMS AND SKI CHALETS

SPECTACULAR MOUNTAIN VIEWS

SKI CENTER FACILITIES

HOTEL-OPERATED LETTINGS SERVICE FOR INVESTMENT INCOME

OOO28OOO OOO29OOO OOO30OOO OOO31OOO CONDO HOTEL As a part of the first phase, the Most apartments will feature a resort’s master plan envisages fireplace, as well as TV sets in an international 4* Condo hotel bathroom, bedrooms and kitchens. to include 93 single and double rooms and apartments, offering Desks are built into the walls a choice of 8 unit types. Units featuring a tablet PC that allows have been designed to blend with the user to control the heating their natural surroundings using and lighting in your apartment as materials such as stone and wood, well as to order taxis, equipment sourced locally in combination rental, and view menus - all from with modern building techniques the comfort of your apartment. and triple glazing to reduce environmental impact boasting Technology has been used to save extremely low thermal loss figures. energy and enhance the end users experiencewith Wi- Fi provided A selection of 8 boutique retail throughout the hotel. units will allow skiers to stand out on the slopes with a selection of There are 8 types of apartments fashion wear, and the latest in ski ranging from 34 sq. meter 1 technology. bedroom units to, 2 bedroom units and duplexes of up to 50 The onsite restaurant will provide sq. meters as well as large 90 sq. a varied world-class meter 2 bedroom cuisine, as well as a duplex. large terrace with catering for those With prices of with an appetite for apartments starting après ski drinks and BOKA as low as €80,000 refreshments found SKI and flexible in leading resorts payment terms, such as Corcheval Boka Ski resort’s and Verbier. first hotel really excels as an exceptional All apartments come with solid opportunity to purchase a holiday wooden floors, which represents a homeandinvestment property. mixture of grey stone and wooden walls.

ENJOY THE MIRACLE OF SNOWFLAKES AT YOUR NEW WINTER ADDRESS

OOO32OOO OOO33OOO HOTEL RECEPTION

OOO34OOO OOO35OOO HOTEL INTERIOR

BOKA SKI

OOO36OOO OOO37OOO HOTEL INTERIOR

OOO38OOO OOO39OOO CHALET INTERIOR

BOKA SKI

OOO40OOO OOO41OOO CHALET INTERIOR

OOO42OOO OOO43OOO INSIDE The apartments interior continues This tranquil space gives way to a its strong connection with nature wooden kitchen and a comfortable HOTEL ROOM providing visitors with a truly dining space. unique and memorable stay. Wooden hand-crafted furniture, Warm and welcoming bedrooms combined with the captivating and spacious en-suite bathrooms smells and colours of other natural continue the wooden theme in a materials, give the sensation of peaceful, undistracted, modern warmth and security, a perfect design, providing the perfect place retreat after a long day on the to relax after a weary day on the slopes. slops or re-watch your recorder footage on yet another in-built The living room appointments screen. are warm and bright, conducive for gatherings, soft light emitted The bathroom has a large colorful from the large terrace doors, tiled shower with light effects showcasing breathtaking views of and modern designed sinks. The the surroundings. play of stone accents, wooden partition walls with INSIDE HOTEL ROOM A large fireplace differences in height, forms the focal light permeable point of the room, shutters, all nestled the heart of the BOKA under old beams and apartment and clustered in intimate authentic gathering SKI groups surrounded point in traditional by antiques and cozy Montenegrin furnishings, make the houses, perfect for curling up with space seem larger and more fluid, a blanket and a book or settling in adding to the memorable and with the family for a board game captivating experience. or movie on the built-in screen.

OOO44OOO OOO45OOO BECOMING A Buyers may secure a unit upon There will be an annual signing a Reservation Agreement maintenance and rental charge HOMEOWNER and providing a non-refundable for every apartment agreed at the deposit. Upon receipt of the purchase. You use the apartment deposit, the unit will be reserved as much or as little as you would in the buyer’s name , and secured like and receive your earnings for the period of 30 days statement at the end of the month.

The buyer must then sign and The property is reserved with a exchange: non returnable deposit of €2,000 which secures the property for 14 THE SALES AND PURCHASE days when the Sales Agreement AGREEMENT and Hotel management and THE SERVICE maintenance AND agreement have to be MANAGEMENT signed. Upon signing AGREEMENT of agreement the first installment of 40% of Signature of Sales BOKA total purchase price, and Purchase SKI minus the deposit Agreement should paid, will have to be made at the be paid. Following notary’s office in this, there will be Kotor, Montenegro, in person or no further payments made until via Power of Attorney. completion of the property when the final 60% balance is paid. On signature of the Sales and Purchase Agreement the All the apartments will be entered Reservation deposit will be into the hotel rental pool providing contributed to the first of the owners with an additional income stage payments. when the property is not used. This Mortgages are also available, up will provide considerable annual to 80% loan-to-value, to approved yield that together with capital local and international clients appreciation potential provides a wishing to purchase properties at great investment package as well Boka Ski Resort. as a holiday home to use.

Homeowner Benefits The hotel will be operated by the developer who will implement the Your new property comes with highest international standards a full Service and Management and engage experienced local Agreement. expertise with good tracked record in hospitality, locally and All apartments are managed by abroad. the hotel, meaning that bookings, maintenance and cleaning will Proximity to the skiing facility and all be taken care of as part of Kolasin’s reputation as an already the management &maintenance established ski destination, agreement between the hotel and guarantees good returns to the buyer. property owners and a secure investment.

CONTACT A development by Boka Group: P.C. Marinović, Radanovići 85318 Kotor Montenegro

Tel: +382 (0) 32 331 558 [email protected] www.bokaski.com

OOO46OOO