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#6924
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Prime Hillside Development Project for Sale — Risan, Bay of Kotor
#6924
Prime Hillside Development Project for Sale — Risan, Bay of Kotor
Prime Hillside Development Project for Sale — Risan, Bay of Kotor
cmm-montenegro
0 Photos
5 500 000 €

Prime Hillside Development Project for Sale — Risan, Bay of Kotor

cmm-montenegro
Kotor
cmm-montenegro
Size 13000m²
Description
An exceptional investment opportunity in one of Montenegro’s most desirable coastal locations. This premium hillside development site offers uninterrupted panoramic views over the Bay of Kotor, combining privacy, accessibility, and strong development potential.

Key Highlights

Total land area: 13,000 m²

Elevation: Approx. 65 meters above sea level

Distance to sea: Approx. 7-minute walk

Open panoramic sea views with permanent visual value

Full infrastructure available nearby

Development Status

Urban-Technical Conditions (UTU) issued

Concept design approved

Building permit not yet issued

Development fees not yet paid

Documentation prepared for further permitting process

Project Concept (Phase 1)

Low-density premium residential / resort concept

9 buildings planned

Total of 55 apartments

Designed for high-end residential or mixed resort use

Ownership & Transaction

Clean title — no liens, no loans

Flexible deal structure available:

Asset sale

Company sale (share deal)

Joint Venture (JV) options considered
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5 500 000 €
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