Building plot in Risan, Bay of Kotor – a premium investment opportunity

Description

An exceptional hillside investment project in Risan, Bay of Kotor, Montenegro, with panoramic sea views and fully prepared documentation for residential or resort development.

This is a structured investment opportunity with a high degree of readiness for implementation in one of the most promising areas of the Bay of Kotor.

Location
• Total area of the plot: 13,000 m².
• Approximately 65 meters above sea level.
• 7 minutes walk to the sea.
• Panoramic view of the Bay of Kotor.
• All necessary infrastructure in the immediate vicinity.
• Quiet, elevated location with easy access.

Documentation and legal status
• Clean title deeds – no encumbrances or loans.
• UTU (urban technical conditions) have been issued.
• Construction permit received (for the first phase).
• Utility fees paid (for Phase 1).
• UNESCO approval received (Phase 1).

All land is designated for residential construction.

Project structure:
The site is divided into three separate projects, allowing for development to be carried out in stages or for the transaction to be structured flexibly.

Project 1 – Risan (fully prepared phase)
• Permission to build 9 buildings.
• Total of 55 apartments.
• UNESCO approval received.
• Only payment of utility bills is required.

This phase is a ready-to-launch low-rise luxury residential/resort development project.

Project 2 – Risan
• Earth with UTU.
• Capitcent 1.

Project 3 – Risan
• Land with building permit.
• No UNESCO endorsement.

Transaction formats – flexible structure:
The owner is open to various options for cooperation:
1. Complete sale of land together with the company (sale of SPV shares).
2. Attracting a strategic partner with a share of up to 50%.
3. Direct sale of the asset.
4. Joint Venture.
5. Consideration of exchange for an equivalent asset (apartments or a hotel complex in another location).

The flexibility of the format allows the investor to optimize the transaction structure in terms of capital and tax planning.

Investment attractiveness
The project represents a rare opportunity to enter the development market in the Bay of Kotor with:
• ready documentation;
• partially approved by UNESCO;
• clean legal structure;
• possibility of phased implementation;
• high potential for capital growth in the medium and long term.

Risan is actively developing as part of the Bay of Kotor, with growing tourism, infrastructure development, and increased demand for quality housing and resort properties.

To receive a master plan, a project financial model, or to discuss partnerships, please contact us directly.