One of the richest people in the Balkans is putting his money where his mouth is in Dubrovnik’s picturesque Lapad area, known for its beach, Cave Bar More, and numerous hotels. Tihomir Brajković is kicking off his investment in Dubrovnik with the construction of six luxury villas in this location in the Pearl of the Adriatic.
As Novac/Anton Hauswitschka writes on the 9th of March, 2019, Tihomir Brajković, a well known businessman from Kiseljak, Bosnia and Herzegovina, and one of the richest people in the Balkans, is busy going to work constructing six brand new luxury villas in Babin kuk (Lapad) just above Hotel More. The removal of trees and other rubble has already begun, and excavation work could be next, according to a report from dubrovački.hr.
Brajković, or more specifically his very appropriately named Dubrovnik-based company ”Six Luxury Villas d.o.o.”, is the owner of some very attractive land located along Ulica Kardinala Stepinca (Cardinal Stepinac street) right next to some residential buildings.
Unconfirmed news from Dubrovnik’s city administration claims that Brajković has indeed started with the preparation of a land parcel according to the current general urban plan in the construction zone, and it is soon expected that the investor will request the necessary building permits to continue. This procedure, as they say, may take up to a year, but as long as the current spatial plans are properly in place, there is no reason that all of the necessary documentation won’t be able to be obtained.
The very few who have seen the conceptual design say that they are buildings that will give their future owners the ultimate sense of total luxury and that their architectural bases remind them of the buildings across on the other side of town in the Eastern location of Sveti Jakov. Novac tried to find out directly from the Kiseljak entrepreneur what will exactly happen when he starts building in Dubrovnik, but contact with him from Dubrovnik failed.
Brajkovic founded the company ”Six Luxury Villas”, based on Vukovarska Ulica (Vukovar street), in the former DTS building, back in 2015. More specifically, the company’s founder is his Swiss company PET engineering AG, which is led, at least according to the Swiss register, by Josip Šubašić, while Brajković himself is the director of the Dubrovnik-based company.
It’s worth recalling the fact that Tihomir Brajković is the owner of Tibra Pacific and Meso-Impex, and has made his fortune in the construction sector, more precisely in terms of housing construction. In Sarajevo, in the Stup area in August last year, Brajković started building a business-residential complex which consisted of three buildings, while at the same time the media in neighbouring Bosnia and Herzegovina incessantly ran negative stories on his Meso-Impex company, which allegedly owes the state more than 9 million convertible marks.
Brajković also become better known to the Croatian public when he planned to build a residential building in Makarska back in 2015 with its own state-owned observatory and astro park incorporated into it.
Although Forbes recently listed him on its enviable list of the wealthiest entrepreneurs in the region, Tihomir Brajković himself is a man who seems to consciously avoid the media and other forms of publicity. An individual picture of him is impossible to find, he isn’t inclined to making media statements, nor is he inclined to accepting other types of interviews. In recent years however, he has quietly invested heavily in numerous projects and investments and even managed to negotiate the construction of a hydro power plant on the river Bosna with authorities in Zavidovići.
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