Green Mill
A gastronomic boutique apart-hotel in central Žabljak — overlooking Black Lake and the mountains, at the gateway to Durmitor National Park.
- 10
- apartments
- 274
- restaurant seats
- 17
- parking spaces
- 4
- seasons a year
- 1
- first line, centre
- ’27
- launch, spring
About the project
Green Mill is built around gastronomy: a 274-seat restaurant and ten apartments overlooking Black Lake and the mountains, in the very centre of Žabljak. Year-round income, signature architecture and an energy-efficient building designed to grow.
Central Žabljak, beside the lake and mountains
Žabljak, at 1,456 m, is Montenegro's largest mountain resort and the gateway to Durmitor National Park. A busy central location with all infrastructure within walking distance.
Infrastructure and surroundings
- Town centre
- Black Lake7 min
- Savin Kuk6 km
- Schoolshop · clinic
- Playground
What supports demand
- 01Mountain tourism is growing, with some demand shifting inland from the coast
- 02There is a shortage of quality all-season product with a restaurant and central parking
- 03Regional infrastructure upgrades and the EU outlook create room for value growth
External drivers are cited from the Žabljak Municipality Development Plan 2022–2026 as plans, not completed facts.
Key facts
- Type
- Boutique apart-hotel 4★gastronomic focus
- Programme
- 10 apartments + restaurantupper floors + attic
- Restaurant
- 274 seats96 indoors + 178 terraces
- Parking
- Underground + openin the centre, where parking is scarce
- Location · view
- Centre · lake and mountainsbusy street
- Status · launch
- Frame complete · spring 2027owned
A national park, lakes and mountain trails
Durmitor National Park (UNESCO), Black Lake, Tara Canyon and Savin Kuk draw visitors to Žabljak throughout the year.
Ski slopes
DurmitorThe resort on the slopes of Durmitor has three main runs, trails of varying difficulty and groomed cross-country tracks.
Durmitor Park
DurmitorWalk or cycle amid mountain views and clean air at 1500 m above sea level.
Black Lake
DurmitorA glacial lake mirrors the surrounding peaks — perfect for a picnic and a family day out.
Đurđevića Bridge
DurmitorA majestic structure that seems to float over the Tara canyon, with cafés and great views nearby.
Ice Cave
DurmitorA faintly mystical attraction — ice sculptures shaped by nature itself.
Zipline over the Tara
DurmitorThree zipline runs over the largest canyon in Europe; the longest is over a kilometre.
Gastronomy is the heart of Green Mill
A large restaurant and terraces in central Žabljak serve both hotel guests and daytime tourist traffic.
Green Mill is built around its restaurant: a large dining room and terraces serve hotel guests and visitors from across Durmitor.
Gastronomy builds the reputation of the whole property and becomes a reason to visit in its own right.
274 · seats · 96 indoors + 178 terraces
Quiet premium — in the details
Solutions rarely found in a building of this size in the north directly shape comfort and operation.
Passenger elevator
A dedicated elevator connects all residential floors — big-hotel comfort in an intimate mountain property.
Underground and open parking
Dedicated spaces in the very centre, where parking is scarce, without circling the town.
Thermowood façade
Natural heat-treated timber gives a warm character and resilience in the mountain climate.
Aluminium-clad windows
Triple glazing filled with inert gas retains heat and protects against the northern climate.
Heat pumps
Heat-pump heating and mineral-wool insulation reduce the operating footprint year-round.
Thermal-energy system
Air conditioning, central water and drainage, and optimised heating make the building ready to grow.
Where we are now
We show progress openly — it is part of trust.
Concrete frame
Structure across all floors
Building envelope
Services, roof and façade
Fit-out
Restaurant, finishes and furnishing
Launch
Opening of the restaurant and apart-hotel
We are not selling square metres — we invite you into the right project
Green Mill is a portfolio property managed by the developer who builds and operates it.
We are open to co-investors and operating partners, including partners with gastronomic expertise.
We present the economics, investment model and entry terms privately after an introductory conversation.
Follow the project and book ahead of the spring 2027 opening.
A stake in the business, not a separate unit; passive participation and managed income.
Operating or gastronomic partnership and portfolio development.
Discuss Mountain Soul
We’ll explain the participation format, current project status and next steps.
Write to us
