House 1360 м² in Risan, Montenegro

300 000 $

220 $ /м²

4Ods5

House 1360m² in Montenegro, Risan. Priced at 300000$ rent photo- #1

House 1360m² in Montenegro, Risan. Priced at 300000$ rent photo- #2

House 1360m² in Montenegro, Risan. Priced at 300000$ rent photo- #3

House 1360m² in Montenegro, Risan. Priced at 300000$ rent photo- #4

Area

1360 м²

Bathrooms

Property for sale with a magnificent view

This land for sale with magnificent views is located in Risan, in the Kotor municipality.

The plot is situated in a green area surrounded by forest, offering a beautiful view of the Bay of Kotor and the mountains above it. It would be an excellent place to build villas or apartments for relaxation and enjoyment for all users.

The land size is 1,360 m².

The owner has planned the construction of two buildings (villas or apartments) with a total gross build area of 800 m². There is a design project for the apartments, but this can be modified if the new owner prefers a different concept.

The distance from this plot to the sea is 850 m.

An added value for the buyer of this plot is that all community taxes have already been paid, along with the design concepts for the property.

Now, a little bit about the city of Risan.

Risan is a city that has its origins in the ancient settlement of Rizon in the 3rd century BC, the oldest settlement in the Bay of Kotor. Risan is known for its monuments from the ancient period, especially for its Roman mosaics. There is a coastal hiking trail that connects Risan with Perast, one of the most beautiful cities in the Bay of Kotor, which is protected by UNESCO as a world cultural and natural heritage.

Nearby are three airports - Tivat 20 km, Podgorica 90 km, and Dubrovnik 50 km, so thanks to such a good location, the value of the plot, as well as the real estate on it, will only increase over time.

The Old Town of Kotor is only a 15-minute drive away, while the Porto Montenegro marina is just a 25-minute drive away.

Call us or send an email for more information; we are not sure how long this plot will be on the market.

Property features
* Design concept
* Peaceful area
* Sea View
* Urbanized

Additional details

Property type

Residential Properties

Object type

House

Price

300 000 $

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Risan; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Banks in Montenegro finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

A title search at the land registry of Montenegro takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Yes. Rental income tax is 5–25% depending on the regime. In Risan short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Yes. An inspection costs about 0.5–1% of the price (300 000 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

A typical transaction runs 30–90 days, averaging 45 in Risan: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).