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Estate with an old stone house in Risan

Kotor, Risan

1.200.000 €

SOLD
1 / 1

PROPERTY DESCRIPTION

For sale: estate with an old stone house in Risan. The plot of 7000 m2 starts 150 meters from the sea. On the site, there is a stone house (from 1567) and two more ruins of stone houses.

There is a permit for renovation and restoration.

Risan is located at the foot of Mount Orjen in a beautiful valley. Risan is situated in the farthest hinterland of the northwestern part of the Bay of Kotor. This part of the bay near the town is called the Bay of Risan. Risan is a peaceful place, not for active vacations with excursions, etc., but for a quiet stay. Perast is located 5 km south, and Kotor is located 25 km southeast. Tivat Airport and "Porto – Montenegro" are 27 km away.

Details

Land type
Residential

Location

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What does buying cost for foreign nationals?

Foreign nationals buy apartments, houses and commercial units in Montenegro on the same terms as locals. On top of the price, budget for the real estate transfer tax (3% up to €150,000, 5% on the portion between €150,000 and €500,000, 6% on the portion above €500,000; new builds bought from a VAT-registered developer carry 21% VAT instead of the tax), the notary fee and the land registry charges. Agricultural land and forests must be bought through a locally registered company.

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The property has been sold; the listing stays visible for price history. Contact the advertiser to confirm the latest status.