5,500.000 €
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5,500.000 € (425 €/m²)
12941 m²

Sale, land lot, 12941m², Risan, Kotor

Risan, Kotor Crna Gora

Property description


Kotor, Risan – Fully Urbanized Land with Panoramic Sea View for Sale





An exceptional fully urbanized development land is offered for sale in Risan, Municipality of Kotor, located within the UNESCO-listed Natural and Cultural-Historical Area of Kotor Bay. The plot is positioned in a quiet, elevated zone, offering open panoramic views of Risan Bay, making it ideal for a luxury residential or boutique development project.





Key Information






  • Total land area: 12,941 sqm




  • Zoning: Residential – low density (SMG)




  • Urban status: Fully urbanized




  • Construction index: max 1.0




  • Site coverage: max 0.35




  • Permitted floors: Ground floor + 1 + attic




  • Gross buildable area: approx. 6,587 sqm (Phase I)





The land is planned for development in three phases, allowing a flexible and phased investment approach. For Phase I, the Main Design Project has already been completed, and urban-technical and conservation approvals have been obtained, significantly reducing the time required to start construction.





Location Advantages






  • Elevated position with permanent sea views




  • Peaceful, natural surroundings, away from mass tourism




  • Only 900 m from the sea (approx. 3 minutes by car)




  • Close to Kotor Old Town (16 km), Tivat Airport (28 km), and Dubrovnik Airport (45 km)




  • Limited future construction due to UNESCO protection → strong long-term value appreciation





Investment Potential






  • Ideal for luxury residential or boutique housing development




  • Strong demand from international buyers (EU, UK, UAE, USA)




  • Risan emerging as a new premium micro-location in Kotor Bay




  • Phased development enables optimized cash

Real estate details

Ad ID
524613
Published
18.02.2026
Updated
08.05.2026
Property Type

Land lot

Area

12941m²

Loan calculator

Property parameters

Price per m²: 550.00 €

Down payment 1,100.000 €

10%50%
1%8%
5 yr35 yr

Calculation result

Monthly installment
26,663 €

240 total installments

Loan amount
4,400.000 €
Down payment
1,100.000 €
Total interest
1,999.152 €
Total payment
6,399.152 €

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Note: This calculation is for informational purposes only. Actual loan terms may vary depending on the bank, credit rating, and other factors. Please consult your bank for exact conditions.

Regulatory information

Agency (intermediary)

Jutro Nekretnine

Registration number

-

Location

Kotor

Risan

Area

12941m²

Structure

N/A

Property Type

Land lot

This information is mandatory under the Law on Mediation in the Sale and Lease of Real Estate of Montenegro. All intermediaries must be registered in the Register of Intermediaries maintained by the competent ministry.

Jutro Nekretnine

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