Land 1 м² in Risan, Montenegro

293 632 $

293 632 $ /м²

4Oiw5

Land 1m² in Montenegro, Risan. Priced at 262500€ rent photo- #1

Land 1m² in Montenegro, Risan. Priced at 262500€ rent photo- #2

Land 1m² in Montenegro, Risan. Priced at 262500€ rent photo- #3

Land 1m² in Montenegro, Risan. Priced at 262500€ rent photo- #4

Land 1m² in Montenegro, Risan. Priced at 262500€ rent photo- #5

Land 1m² in Montenegro, Risan. Priced at 262500€ rent photo- #6

Land 1m² in Montenegro, Risan. Priced at 262500€ rent photo- #7

Land 1m² in Montenegro, Risan. Priced at 262500€ rent photo- #8

Area

1 м²

Land plot with UTU in Risan with sea view

Land plot with UTU in Risan with an area of 1,000 m2 with the possibility of construction up to 905 m2
An urbanized land plot of 905 m2 is offered for sale in Risan, one of the most promising areas of the Bay of Kotor. The site is located just 300 meters from the sea and has existing urban and technical conditions (UTU), allowing to implement a residential or investment project.

The main parameters of construction

According to UTU, construction is possible on the site:

the total area of the building up to 905 m2;

base area up to 316 m2;

storey P+2 (3 above ground floors).
Such parameters allow you to build a small residential complex, a boutique apartment hotel, a club house with apartments or a modern villa with several residential units.

The advantages of the site

The site has almost flat relief and convenient access.
On the territory there is already a small residential building of 70 m2, divided into two independent apartments of 35 m2 with separate entrances. The house can be used for staff accommodation, temporary accommodation during construction, renting out or saved as an additional property.
Part of the plot is a well-groomed Mediterranean garden with adult fruit trees: figs, mandarins, citrus fruits, persimmon, quince, apple trees, plums and cherries. Palm trees and ornamental plants also grow on the site. The second part of the territory is preparing for clearing, which will allow the most efficient use of the entire area for future development.

Location
Risan is one of the most atmospheric cities in Montenegro, located in the heart of the Bay of Kotor.
The site is just a few minutes on foot from the sea, beaches, restaurants, shops, bakeries, pharmacies, post office and hospital. To the Old Town of Kotor - about 20 minutes by car, to the international airport Tivat - about 30 minutes.

Investment attractiveness
Free urban areas with operating UTU in the first line of urban development of Risan are extremely rare. Due to its proximity to the sea, developed infrastructure and high development parameters, the object is of interest to both private investors and developers planning the construction of a residential complex or object for tourist rental.

Additional details

Property type

Land

Object type

Land

Price

293 632 $

Land area

905

Distance to key points, m

To sea 300

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 (293 632 $) 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).