Construction Land 13,000 m² with Building Permit – Risan, Bay of Kotor | MAJOR PRICE REDUCTION – €1.6 Million Lower Price

For sale: a plot of land measuring 13,000 m² in Risnjak, Montenegro

Great price reduction

The price has been significantly reduced from €5,500,000 to €3,900,000.

An attractive development project on the slopes of the mountains in Risnjak, in the Boka Kotorska Bay, with an open panoramic view. The total area of the plot is 13,000 m², it is located at about 65 m above sea level and is approximately 7 minutes' walk from the sea.

Complete infrastructure is located in the immediate vicinity. The documentation is fully prepared: urban and technical conditions (UTC) have been issued, a construction permit has been obtained and all community taxes have been paid.

Phase 1 of the project includes 9 buildings with a total of 55 residential units, designed as low-rise premium residential and tourist complex. The ownership is clear — no encumbrances, mortgages or debts.

A flexible transaction structure is possible: direct property purchase (asset deal), company sale (share deal) or joint venture (JV).