Abramovich rebuffs investment rumors
Roman Abramovich has no intention of buying property on the Montenegrin coast contrary to earlier reports, a representative of the Russian billionaire told The Montenegro Times.
Based on an article in the UK’s Su n day Telegraph, and comments made by leading Montenegrin lawyer Dr a gan Prelevic, speculation ran high th at Abramovich was poised to purch ase property at the Velika Plaza near Ulcinj.
Rumours had Abramovich purchasing l and around the eight-mile stretch of be a ch in order to build a massive luxury tourist resort and, in the words of Al e ksander Vukićević, head of the real estate company Dream Property Montenegro, “turn the country into a new Dubai.”
“I can unfortunately not reveal the de tails about clients’ affairs, except that they are currently involved in acquiring property on the Velika Plaža and around it,” Dragan Prelević, the managing partner of the law firm Prelević, is quoted as saying.
But John Mann, head of public relations at Abramovich’s investment and asset management company Mi l l h o use LLC, says Abramovich is not see king to purchase property in Montenegro...