Sale, Land Kotor Risan, 13000 m2

Sale
Land Kotor, Risan
Address on request
5.500.000 €
423,1 € / m²
Floor space
13000 m²
Exceptional Development Opportunity in UNESCO Kotor Bay! For urgent sale, a fully permitted 13,000 m² prime development site in Risan, one of the most authentic and high-potential locations in the Bay of Kotor. This is an extremely rare, legally ready opportunity within a UNESCO Protected Area. Situated on an elevated hillside (approx. 65m above sea level), the property offers open panoramic views of the bay and sea, just a 7-minute walk to the coast and promenade. Enjoy peaceful natural surroundings with excellent accessibility. The site comes with all permits obtained, including UTU conditions and a building permit, with all communal and development fees fully paid. A clean title ensures immediate commencement of construction. The approved concept features 9 residential buildings with 55 premium apartments, ideal for luxury residential, aparthotel, or mixed-use development. Direct road access, electricity, water, and sewage connections are nearby. This ready-to-build project offers significant potential in a world-renowned destination. Transaction options include asset deal, company share deal, or joint venture. Price: 5,500,000 EUR. Act now to secure this unparalleled investment
Features
Legalized
Yes
View
Panoramic View
Loan Calculator
Down Payment
20.0%
5%
50%
Amount: 1.100.000 €
Interest Rate
4.50%
1%
8%
Term
25 yr
5 yr
35 yr
Property price
5.500.000 €
Down Payment
1.100.000 €
Loan
4.400.000 €
Interest
2.936.989 €
Monthly payment amount
24.457 €
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