According to the decision made by Government of Montenegro on April 23rd 2020, project K16 was approved on the list of developing projects in Montenegro, providing the possibility of obtaining the Montenegrin passport.
The project will be executed through 4 phases. The 1st phase comprising Hotel S (116 units) and Depadans Q (85 units). Based on the Concept Design, there are different unit typologies in both buildings, including studio, 1-bedroom and 2-bedroom apartments.
The construction works for Hotel S have already started, with assumed opening date scheduled for 2022. The start of constuction works on building Q are planned for the spring of 2021