Realitica classifieds

INVESTMENT PROJECT – RISAN, BAY OF KOTOR

Type: Residential Lot For Sale
District: Kotor
Location: Risan
Address: Risan
Land Area: 13.000 m²
From Shore (m): 400

Description: An exceptional investment opportunity situated in an elevated location in Risan, offering panoramic views of the Bay of Kotor and a high level of project readiness.

The project comprises 13,000 m² of land designated for residential development, located at an elevation of approximately 65 meters and just a 7-minute walk from the sea.

Key advantages:
• clear title, free of encumbrances
• Urban-Technical Conditions (UTU) issued
• building permit for the first phase
• UNESCO approval for Phase 1
• project divided into 3 phases
• the first phase entails 9 buildings with a total of 55 apartments

The owner is open to various transaction models: sale of the project/company, a strategic partnership of up to 50%, a joint venture, or an exchange for another property.

An excellent opportunity for an investor seeking a development project in the Bay of Kotor with prepared documentation and the potential for phased implementation.