Type: Land For Sale District: Kotor Location: Risan Address: Kotor, Montenegro Price: €3.000.000
Description (Croatian): An exceptional investment opportunity on the first line of the Boka Kotorska Bay, in the historic village of Risan – just steps from the sea and minutes from the UNESCO-protected town of Perast. This unique project combines the restoration of a historic stone palace with the development of a new hotel or residential building, making it ideal for a boutique hotel or luxury residential complex.
Property Overview
Location: Risan, Bay of Kotor, Montenegro
Total plot area: 1,800 m²
Total planned construction area: up to 2,127 m² gross
Distance from the sea: 2 meters (waterfront)
Historic Stone Palace
4 stone ruins on the plot: 120 m², 148 m², 88 m², and 18 m² in base size
Restored total area after reconstruction: approx. 1,062 m²
Structure reinforced – only roof and interior works remain
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