Opis nekretnine
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.