Land 1 м² in Risan, Montenegro

8 937 720 $

8 937 720 $ /м²

4OdY9

Land 1m² in Montenegro, Risan. Priced at 7641760€ rent photo- #1

Land 1m² in Montenegro, Risan. Priced at 7641760€ rent photo- #2

Land 1m² in Montenegro, Risan. Priced at 7641760€ rent photo- #3

Land 1m² in Montenegro, Risan. Priced at 7641760€ rent photo- #4

Land 1m² in Montenegro, Risan. Priced at 7641760€ rent photo- #5

Land 1m² in Montenegro, Risan. Priced at 7641760€ rent photo- #6

Area

1 м²

Bathrooms

Urbanized land for sale in Risan

This land for sale with a beautiful sea view is located in Risan, a small town in the Bay of Kotor, well-known for its monuments from the ancient period, especially for Roman mosaics, which are the oldest archeological monument in Montenegro.

Risan is only a 5-minutes drive from the Perast, one of the most beautiful cities in the Bay of Kotor, under the protection of UNESCO as a world cultural and natural heritage.

The plot that we present you is located in the greenery of the hill above the city center, with a beautiful sea view of the whole bay of Kotor.

The land size is 47,761m2.

This plot is ideal for the construction of a tourist village apartment-style of a higher category (floors P+3+PC - 4 floors + attic) with a gross building area of 32.000m2 and a netto building area of 27.000 m2.

There is electricity, city water, own spring and two roads to this plot.

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

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

Do not hesitate to contact us for more information.

Property features
* Excellent
* Peaceful area
* Sea View
* Tourism
* Urbanized

Additional details

Property type

Residential Properties

Object type

Land

Price

8 937 720 $

Land area

47761

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 (8 937 720 $) 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).