Urbanized plot of 1,000 m² in Risan with development potential

Urbanized plot of 1,000 m² in Risan with potential for construction up to 905 m² is available for sale.

Urbanized plot of 905 m² is available for sale in Risan, one of the most promising areas of the Bay of Kotor. The plot is located just 300 meters from the sea and has valid urban-technical conditions (UTC), which allow for the realization of a residential or investment project.

Key construction parameters

According to the UTC, the following construction is possible on the plot:

total building area up to 905 m²;

floor area up to 316 m²;

storeys P+2 (3 above-ground floors).

These parameters allow for the construction of a small residential complex, boutique apartment hotel, club with apartments, or a modern villa with several residential units.

Advantages of the plot

The plot has a practically flat terrain and convenient access.

There is already a small residential building of 70 m² on the site, divided into two independent apartments of 35 m² each with separate entrances. The building can be used for staff accommodation, temporary accommodation during construction, rental, or retained as an additional property.

Part of the plot is a well-maintained Mediterranean garden with mature fruit trees: figs, mandarins, citrus, persimmons, quinces, apples, plums, and cherries. The plot also features palm trees and ornamental plants.

The other part of the plot is being prepared for clearing, which will allow for the most efficient use of the entire area for future development.

Location

Risan is one of the most atmospheric towns in Montenegro, located in the heart of the Bay of Kotor. The plot is just a few minutes' walk from the sea, beaches, restaurants, shops, bakeries, pharmacy, post office, and hospital. The old town of Kotor is about a 20-minute drive away, and Tivat International Airport is about 30 minutes away.

Investment attractiveness

Free urbanized plots with existing structures for land use planning and maintenance in the first line of urban development in Risan are extremely rare. Due to its proximity to the sea, well-developed infrastructure, and high development parameters, the property is interesting to both private investors and those planning to build a residential complex or a property for tourist rental.