Sale, land lot, 13000m², Risan, Kotor

Exceptional investment project on a hillside in Risan, Boka Kotorska, 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 realization in one of the most promising areas of the Bay of Kotor.

Location
• Total land plot area: 13.000 m².
• Approximately 65 meters above sea level.
• 7 minutes walk to the sea.
• Panoramic views 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 – without encumbrances or loans.
• UTU (urban-technical conditions) have been issued.
• Building permit obtained (for the first phase).
• Utility fees paid (for Phase 1).
• UNESCO approval obtained (Phase 1).

All land is designated for residential construction.

Project structure:
The location is divided into three separate projects, allowing for phased development or flexible transaction structuring.

Project 1 – Risan (fully prepared phase)
• Permit for the construction of 9 buildings.
• Total of 55 apartments.
• UNESCO approval obtained.
• Only utility bill payment is required.

This phase is a project for the construction of low-rise luxury residential/resort buildings, ready for launch.

Project 2 – Risan
• Land with UTU.
• Kapitcent 1.

Project 3 – Risan
• Land with a building permit.
• No UNESCO support.

Transaction formats – flexible structure:
The owner is open to various cooperation opportunities:
1. Full sale of the land along with the company (sale of SPV shares).
2. Attracting a strategic partner with a stake of up to 50%.
3. Direct sale of property.
4. Joint venture.
5. Consideration of exchange for equivalent property (apartments or a hotel complex in another location).

The flexibility of formats 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 Boka Kotorska 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 residential and resort properties.

To obtain the master plan, financial model of the project or discuss partnerships, please contact us directly.