Sale, land lot, 82000m², Risan, Kotor

Property ID: 86511

An exceptional opportunity to acquire one of the largest and most strategically positioned tourism development sites in the Bay of Kotor, a UNESCO World Heritage destination and one of the Adriatic's most prestigious coastal regions.

Located above the historic town of Risan, Montenegro, this remarkable estate spans approximately 82,000 m² of total land, including 39,872 m² of buildable land, offering breathtaking panoramic views over the Bay of Kotor, Verige Strait, Perast and the surrounding mountain landscape.

Unlike many development opportunities in Montenegro, this project has already undergone extensive planning, environmental analysis and architectural redesign. The current concept was developed specifically to address UNESCO and ICOMOS recommendations, reducing the proposed development footprint while preserving the site's natural character and supporting long-term investment potential.

Development Highlights

Total Land Area: 82,000 m²

Buildable Land Area: 39,872 m²

Planned Gross Building Area: 10,073 m²

Tourism Development Design Concept Completed

55-Key Boutique Hotel & Wellness Resort

12 Luxury Detached Villas

Total Planned Accommodation Capacity: 67 Units

More than 25,000 m² of Preserved Green Areas

Panoramic Bay of Kotor Sea Views

Direct Road Access

UNESCO and ICOMOS Considerations Integrated into the Revised Concept

Located in one of Montenegro's most attractive coastal tourism investment regions

Designed for Sustainable Luxury

The revised development concept prioritizes low-density construction, landscape integration, privacy and environmental preservation.

With an overall estate of 82,000 m², including 39,872 m² designated as buildable land, the property provides substantial space for a carefully planned hospitality development while maintaining extensive natural surroundings.

Buildings are positioned to integrate into the terrain and maximize panoramic views of the bay.

The masterplan includes:

Boutique luxury hotel with wellness and spa facilities

Exclusive villa zone with 12 detached luxury residences

Extensive landscaped green areas and walking paths

Underground and surface parking facilities

Sustainable architectural approach adapted to the UNESCO-protected environment

The proposed 10,073 m² gross building area reflects the current architectural concept and should be distinguished from the total buildable land area.

Investment Potential

The Bay of Kotor attracts international investors, luxury hospitality operators and high-net-worth buyers seeking distinctive Adriatic destinations.

The combination of an 82,000 m² estate, substantial buildable land area, panoramic sea views and an advanced tourism development concept makes this property particularly interesting for investors pursuing a landmark hospitality project in Montenegro.

Potential development and investment strategies include:

Luxury boutique resort development

Internationally branded hotel operation

Exclusive villa sales program

Mixed hospitality and residential development

Joint venture with a hospitality operator

Phased tourism development

The proposed development remains subject to applicable planning, environmental, heritage-protection and construction approvals.

Prime Location, Risan, Bay of Kotor

Situated above Risan, one of the oldest settlements in the Bay of Kotor, the estate enjoys an elevated position with panoramic views of the Adriatic coastline and surrounding mountains.

The location provides access to some of Montenegro's most prestigious destinations, including:

Kotor Old Town

Perast

Porto Montenegro

Portonovi

Tivat International Airport

Dubrovnik International Airport

Its combination of coastal scenery, natural surroundings and proximity to established luxury tourism destinations makes the site attractive for a premium hospitality development.

A Landmark Development Opportunity

This property offers an opportunity to acquire a substantial coastal estate with a carefully developed tourism concept in one of Europe's most recognized heritage destinations.

The distinction between the 82,000 m² total estate, 39,872 m² buildable land area and 10,073 m² planned gross building area provides a clear basis for evaluating the project's scale and proposed development.

Full technical documentation, architectural concept, urban planning analysis and development studies are available upon request.

Contact Violet Investment for the asking price, complete investment documentation and to arrange a confidential site visit.