An exceptional hillside investment project in Risan, Boka Kotor Bay, Montenegro, with panoramic sea views and fully prepared documentation for residential or resort development.
This is a structured investment opportunity with a high degree of readiness for implementation in one of the most promising areas of the Bay of Kotor.
Location
Total land area: 13,000 m2.
Approximately 65 meters above sea level.
7 minutes walk to the sea.
Panoramic view of the Bay of Kotor.
All necessary infrastructure is in the immediate vicinity.
Quiet, elevated position with convenient access.
Documentation and legal status
Pure ownership — without encumbrances and loans.
Issued by UTU (Urban Technical Specifications).
A construction permit has been obtained (for the first phase).
Utility fees have been paid (for Phase 1).
UNESCO approval has been received (Phase 1).
All land is designated for residential construction.
Project structure:
The site is divided into three separate projects, which allows the construction to be carried out in stages or to structure the transaction in a flexible manner.
Project 1 – Risan (fully prepared phase)
Construction permit for 9 buildings.
There are 55 apartments in total.
UNESCO approval has been received.
Only the payment of utility bills is required.
This phase is a ready-to-launch project of a low-rise luxury residential/resort development.
Project 2 – Risan
Land with UTU.
Capitcent 1.
Project 3 – Risan
Land with a building permit.
There is no UNESCO approval.
Transaction formats — flexible structure:
The owner is open to various options for cooperation:
1. Full sale of the land together with the company (sale of SPV shares).
2. Attraction of a strategic partner with a share of up to 50%.
3. Direct sale of the asset.
4. Joint Venture.
5. Consideration of an exchange for an equivalent asset (apartments or a hotel complex in another location).
The flexibility of the format allows the investor to optimize the transaction structure in terms of capital and tax planning.
Investment attractiveness
The project represents a rare opportunity to enter the construction market in the Bay of Kotor with:
ready documentation;
partially approved by UNESCO;
a pure legal structure;
the possibility of phased implementation;
high capital growth potential in the medium and long term.
Risan is actively developing as a part of the Bay of Kotor, with a growing tourist flow, infrastructure development and increased demand for high-quality housing and resort properties.
To receive a master plan, a financial model of the project, or to discuss a partnership, please contact us directly.
ID: 87966
