Land 1 м² in Risan, Montenegro

195 091 $

195 091 $ /м²

4OgyZ

Land 1m² in Montenegro, Risan. Priced at 170000€ rent photo- #1

Land 1m² in Montenegro, Risan. Priced at 170000€ rent photo- #2

Area

1 м²

Urbanized plot with sea views

The investment site in historical Risan is an ideal place for a profitable project

A land plot of 910 m2 is offered for sale in the picturesque seaside town of Risan - one of the most ancient cities of the Adriatic.
Quiet atmosphere, developed infrastructure and rich cultural heritage make this place especially attractive for life and tourism business.

Construction permit - up to 3 floors with a total area of up to 910 m2, with a base of up to 318.5 m2
Communications – all urban networks (water, electricity, sewerage) run along the border of the site

Convenient access – paved road provides easy access all year round

Location - only 600 meters to the beach, within walking distance: hospital, grocery stores, market and all necessary infrastructure

Perfect for:

Construction of an apartment building or an apartment hotel

Mini-hotels with panoramic views
Elite small apartment building for subsequent sale or lease
A site with great potential in a growing tourist region.

Additional details

Property type

Land

Object type

Land

Price

195 091 $

Land area

910

Distance to key points, m

To sea 600

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 (195 091 $) 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).