Sale, land, 5079m², Prčanj, Kotor
Kotor, Prcanj
6.500.000 €
Area
5079 m²
PROPERTY DESCRIPTION
Price: €7,000,000
Location: Prčanj, Kotor, Montenegro (UNESCO World Heritage area)
Planning Status: UT conditions issued • HIA completed and submitted to UNESCO (Paris)
Permitted GFA: 8,000 m² total (approx.)
- Above-ground: 5,500 m² (apartments, reception, restaurant, spa, gym, etc.)
- Underground: 2,500–3,000 m² (garages, technical rooms, outdoor restaurant)
- 5,079 m² land parcel within a protected UNESCO cultural & natural heritage zone
- Purpose-designated for a 5-star condo hotel development
- UT (urban-technical) conditions already issued—streamlined permitting path
- HIA (Heritage Impact Assessment) completed and sent to UNESCO
- Exceptional Adriatic setting: historic charm + luxury tourism demand
A rare development opportunity in Prčanj, Kotor—part of the UNESCO-protected Bay of Kotor. This 5,079 m² plot comes with issued UT conditions for a five-star condo hotel project totaling 8,000 m² gross build area. Plans provide for 5,500 m² above ground (residential units, reception, F&B spaces, spa/wellness, gym) and 2,500–3,000 m² underground (garages, technical areas, outdoor restaurant). The Heritage Impact Assessment has been completed and submitted to UNESCO, significantly advancing compliance within this sensitive zone. An ideal asset for investors seeking a flagship luxury hospitality project in Montenegro.
Call to ActionRequest full documentation, masterplan details, and arrange a site visit.
Secure this prime UNESCO-zone development site in Prčanj today.
Details
- Land type
- Residential
Location
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Questions about this property
What is the price per square metre?
At 6.500.000 € for 5079 m², this listing works out to 1.280 € per square metre. Compare it with the city average in the market card on this page.
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 listing is active and the property is for sale. Contact the advertiser to confirm the latest status.