May the 1st, 2023 - If you've ever spent any time around Dubrovnik, you'll have no doubt noticed the enormous, now totally abandoned Kupari hotel. The former hotel has been standing like an eyesore on the southern Dalmatian coast for decades, and the saga surrounding it is almost as long.

As Poslovni Dnevnik/Marija Crnjak writes, on Thursday, the Croatian Government gave its consent to the Ministry of Spatial Planning, Construction and State Property to conclude Annex II to the contract on the implementation of the large Kupari project, with the aim of continuing the implementation and defining new deadlines with the investor, Kupari Luxury Hotels.

Interested parties may recalled that back in 2016, the government signed a contract with a group of bidders for the Kupari project, which foresees the construction of two new hotels at the Kupari location, the revitalisation of other buildings and the eventual renovation of the Grand Hotel.

In the meantime, a new investor, Hotel Properties Limited-HPL from distant Singapore, entered the project, and an urban development plan for the Municipality of Zupa Dubrovacka (the Parish of Dubrovnik) was adopted, and in March, an agreement was signed with Hrvatske vode/Croatian waters for the relocation of the watercourse route.

All of this requires a new contract with the state, which contractually obliged Kupari Luxury Hotels to invest with an extremely long 99-year concession. "With this decision, we oblige the investor to submit data for changes to the UPU within sixty days after signing the annex to the contract.

According to the current plans of the Parish of Dubrovnik, a period of twelve months has been prescribed in which the investor is obliged to obtain a valid building permit, and in a further period of four years to realise the project in Kupari itself,'' explained the Minister of State Property, Branko Bacic.

For more, make sure to check out our dedicated news section.

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