Earthworks commenced early April based on a building permit issued 31 March 2014 by the Montenegrin Ministry of Sustainable Development and Tourism.
The investor, Oleg Khukli from Russia, is represented by Ivan Pekovic from Tivat and Tomislav Nikolic from Zagreb. The hotel will be situated between Palma Hotel and Lungo Mare restaurant on the Kapetana Iva Vizina promenade. It will have a cellar, ground floor and two above-ground floors). This facility will have a gross building surface of 1,320.87 square meters, whereas the gross surface of above-ground floors of the hotel is 903.17 square meters. The hotel is designed by architect Gordana Raicevic.