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Plot for sale

Risan, Montenegro

£4,794,900
€5,500,000
Monteonline, Tivat
PROPERTY TYPE

Plot

SIZE

139,931 sq ft

13,000 sq m

Key features

  • Absolute panoramic views over the entire Bay of Kotor
  • Elevated quiet hillside position with sea breeze
  • Only minutes on foot to the seafront
  • Fully clean title deeds - no liens or debts
  • UNESCO approval already secured for Phase 1
  • Construction permit & UTU issued for launch
  • Utility fees paid - ready to break ground
  • Phased development: 3 independent projects
  • 55 apartments permitted in ready Phase 1
  • Flexible deal structure: full sale, JV, 50% partnership, asset swap

Description

An exceptional hillside investment project in Risan, Bay of Kotor, Montenegro, with panoramic sea views and fully prepared documentation for residential or resort development.

This is a structured investment opportunity with a high degree of readiness for implementation in one of the most promising areas of the Bay of Kotor.

Location
* Total area of the plot: 13,000 m².
* Approximately 65 meters above sea level.
* 7 minutes walk to the sea.
* Panoramic view of the Bay of Kotor.
* All necessary infrastructure in the immediate vicinity.
* Quiet, elevated location with easy access.

Documentation and legal status
* Clean title deeds - no encumbrances or loans.
* UTU (urban technical conditions) have been issued.
* Construction permit received (for the first phase).
* Utility fees paid (for Phase 1).
* UNESCO approval received (Phase 1).

All land is designated for residential construction.

Project structure:
The site is divided into three separate projects, allowing for development to be carried out in stages or for the transaction to be structured flexibly.

Project 1 - Risan (fully prepared phase)
* Permission to build 9 buildings.
* Total of 55 apartments.
* UNESCO approval received.
* Only payment of utility bills is required.

This phase is a ready-to-launch low-rise luxury residential/resort development project.

Project 2 - Risan
* Earth with UTU.
* Capitcent 1.

Project 3 - Risan
* Land with building permit.
* No UNESCO endorsement.

Transaction formats - flexible structure:
The owner is open to various options for cooperation:
1. Complete sale of land together with the company (sale of SPV shares).
2. Attracting a strategic partner with a share of up to 50%.
3. Direct sale of the asset.
4. Joint Venture.
5. Consideration of exchange for an equivalent asset (apartments or a hotel complex in another location).

The flexibility of the format allows the investor to optimize the transaction structure in terms of capital and tax planning.

Investment attractiveness
The project represents a rare opportunity to enter the development market in the Bay of Kotor with:
* ready documentation;
* partially approved by UNESCO;
* clean legal structure;
* possibility of phased implementation;
* high potential for capital growth in the medium and long term.

Risan is actively developing as part of the Bay of Kotor, with growing tourism, infrastructure development, and increased demand for quality housing and resort properties.

To receive a master plan, a project financial model, or to discuss partnerships, please contact us directly.

Risan, Montenegro

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Tivat(International)
    6.9 miles
  • Podgorica(International)
    31.4 miles

About Monteonline, Tivat

Kalimanjska III, br.12, Tivat, 85320, MONTENEGRO

Our company for 13 years have been providing real estate services in Montenegro - from small cozy apartments to large villas with a swimming pool and even castles. We will check the documents, calculate the liquidity of the object and its payback, consult on the most profitable investment projects. In Montenegro you can not only come for a holiday, but also receive a stable income!

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Monteonline, Tivat (reference 87966) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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