FREI 2020 FREI 2020 in Avala

Due to the ban on public gatherings, as a measure against the spread of the coronavirus virus epidemic, FREI 2020 scheduled for 22-25 June this year is cancelled.

FREI 2020 FREI 2020 in Avala

The 11th Festival of Real Estate Investments – FREI 2020 will be held in Budva, from 22-25th of June.


Welcome to Budva!

When talking about FREI, we inevitably have to mention the city in which it takes place – Budva. Budva is a perfect place for FREI gathering, due to both pleasant and mild climate as well as beautiful sea.


Entertainment programme

Hospitality of people from Budva, fascinating coastal landscapes, and comfort of the hotel “Avala Resort & Villas” contribute to the efforts of the Organiser to ensure that all participants enjoy great atmosphere.


FREI 2018 awards

33 companies and institutions presented themselves at this year’s FREI, 19 of them through FREI Exhibition form.

Recent News

Due to the ban on public gatherings, as a measure against the spread of the coronavirus virus epidemic, FREI 2020 scheduled for 22-25 June this year is cancelled.

01_mainInstead of the announced dates (May 11-14), FREI 2020 will be held on June 22 to 25, 2020 at Avala Resort & Villas.
The agenda of the event will be completely dedicated to the incentive measures issued by the Government, recommendations by the World Tourism Organization (UNWTO) and other ideas aimed at mitigating the negative impact of the pandemic on investment and tourism sector.
We hope that you will join us at the eleventh FREI.

01_mainRegional Conference: Tourist Function of Maritime Affairs was held on the third day of FREI by PE for Montenegrin Coastal Zone Management. The Ministry of Sustainable Development and Tourism held a presentation on the topic of International competition for the urbanistic and architectural concept design of the promenade in Budva.

01_mainThe presentations Investing in Montenegro and Croatia: Some thoughts from a foreign eye over 15 years and Hotels & Residential in a Mixed-Use Development attracted particular attention of the visitors.

01_mainIn keeping with tradition, on the third day of FREI recognitions and awards were assigned as follows:

1. For contribution to the program quality of the jubilee FREI 2019 through the organization of the panel “Citizenship-by-Investment Program – New Competitive Trump Card in Attracting Foreign Investments“, a Special Recognition award is presented to the Secretariat for Development Projects of Montenegro.
2. The Award for originality and composite quality at the 10th FREI – Festival of Investments and Real Estate is awarded to the project - Ananti Resort, Residences and Beach Club.
3. For an original approach to real-estate development in the context of sustainability and environment homogeneity of the Luštica Bay project, a Special Recognition award is presented to Luštica Development company.

4. For continuity of improvement and a high level of implementation achieved, this year’s jubilee FREI presents a Special Recognition award to Porto Montenegro project.

5. Azmont Investments is presented with a Special Recognition award for attractiveness, complexity and outstanding reference value of the Portonovi project.

01_mainThe second day of the jubilee FREI started with an interesting panel hosted by the Secretariat for Development Projects of Montenegro regarding the Citizenship-by-Investment Program – A New Competitive Trump Card for Attracting Foreign Investments.

01_mainThe section titled Success Stories attracted a lot of attention of the audience both by excellent presentations and interesting topics: Reality and Future (by Porto Montenegro), Key Success Factors of Global Citizenship-by-Investment Programs (by Henley & Partners), Modern Data Centres: Examples of Good Practice in Montenegro (by Čikom), and Tivat – a City that Shapes the Future (by Municipality of Tivat).

01_mainInvestment in Infrastructure – the Precondition for the Development of the Northern Region of Montenegro was the title of the presentation held by deputy director of the Montenegrin Public Works Directorate Maja Djurovic-Delic.

01_mainLectures by invitation were held by Ana Kaluđerović and Aleksandra Stanislavljević about the Nikola Tesla Airport Concession, presented in the context of a message to the region, while Mr. Miloš Popović presented the Ski Resorts of Montenegro.

01_mainThe second panel at this year’s FREI was dedicated to the Growth Barriers in Luxury Tourism, and was hosted by Horwath HTL, FREI’s Special Partner.

01_mainFinally, Crveno & Crno, well-known Montenegrin band, entertained FREI participants with various songs from the local and international music scene.

01_mainMinister of Sustainable Development and Tourism Pavle Radulović held an introductory presentation on Investments in Tourism Development of Montenegro – Results and Future Expectations at the tenth jubilee Real Estate and Investment Festival – FREI 2019, while the Minister of Economy Dragica Sekulić spoke about an attractive topic, i.e. How to Stimulate Investments of Domestic Economy at this year’s FREI.

01_mainThe Executive Director of the Foreign Investors Council Ivan Radulovic presented the activities of this Council, and spoke about the business environment in Montenegro. The general sponsor of the jubilee FREI, Azmont Investments, drew attention of the audience by their presentation of Portonovi – A Magnificent Pearl of Boka Bay, while Andrej Šimatić, senior project manager at Horwath HTL, talked about the Benchmarking of Hotel Industry in Montenegro.

01_mainAfter the opening speeches, Minister Pavle Radulovic visited the FREI exhibition. For the rest of the evening, the participants were entertained by the Vis Tetra band.