Land 8357 м² in Risan, Montenegro

990 340 $

118 $ /м²

4OiKF

Land 8357m² in Montenegro, Risan. Priced at 835700€ rent photo- #1

Land 8357m² in Montenegro, Risan. Priced at 835700€ rent photo- #2

Land 8357m² in Montenegro, Risan. Priced at 835700€ rent photo- #3

Area

8357 м²

Bathrooms

Land for sale with beautiful sea view

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 the view to the narrowest part of Boka Bay - Verige strait.

The land size is 8.357m2.

The owner has planned the construction of villas or apartments with a total gross build area of 3500m2 + garages. There is a prepared design project, which can be an added benefit for you as a future landowner.

Distance from this plot to the sea is 650m.

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
* Design concept
* Mountain view
* Parking
* Peaceful area
* Sea View
* Tourism
* Untouched nature
* Urbanized

Additional details

Property type

Residential Properties

Object type

Land

Price

990 340 $

Land area

8357

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 (990 340 $) 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).