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Profitable for investment. Property in the historic center of Risan

Kotor, Risan

280.000 €

SOLD
1 / 11
  • Area

    136 m²

  • Rooms

    3

  • Bathrooms

    4

  • Floor

    1

PROPERTY DESCRIPTION

Profitable for investment. Property for sale in the historic center of Risan.

An old stone house is located in the historic Gabela Street, just 150 meters from the sea. Just a few steps from the house is the famous town square with a vegetable market and several good restaurants.

Property description:

The interior area of the house is 138 m2. It consists of: 3 bedrooms, 4 bathrooms, 3 terraces.

On the ground floor, there is a restaurant, which operated until 2019, with an interior area of 50 m2 and a stone terrace of 44 m2 (half covered), which was previously used as a restaurant garden.

Through a separate entrance and directly from the main street, you reach the second level, a one-bedroom apartment of 50 m2 with another large terrace of about 30 m2 with a barbecue, summer kitchen, and a large dining table.
An internal staircase leads to the third level. There are 2 studio apartments with a balcony overlooking the sea.

Price – 280,000 euros

Amenities

  • Sea view

Location

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FREQUENTLY ASKED

Questions about this property

What is the price per square metre?

At 280.000 € for 136 m², this listing works out to 2.059 € per square metre. Compare it with the city average in the market card on this page.

Which floor is it on, and is there a lift?

The property is on floor 1. No information about a lift was provided.

How do I arrange a viewing?

Call the number or send a message from the contact card on this page — you reach the advertiser directly, with no middleman and no booking fee. Viewings are usually arranged within a day or two.

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.

Is this listing still available?

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