Location: Risan, Bay of Kotor (UNESCO-listed area)Distance to Sea: 2 meters (first line)Total Plot Area: 1,800 m²Planned/Permitted Build Area: up to 2,127 m² grossPrice: €3,000,000Purpose: Hotel, residential complex, serviced apartments
Key Highlights
Historic stone manor/palace to be restored + plot for a new building
Four stone ruins (bases: 120 m², 148 m², 88 m², 18 m²) → ~1,062 m² after reconstruction
Adjacent 1,194 m² plot: permit for 1,075 m², max 4 floors
Urban/technical parameters: Built-up index 0.3, Occupancy index 0.9, base footprint 358 m²
Stone structure reinforced—needs only roof & interior finish
Concept design prepared
Minutes to Perast (10 min drive), Montenegro’s most expensive real estate hotspot
Description
A rare first-line development opportunity in Risan, combining a strengthened historic stone palace ready for restoration with land earmarked for a new building. The project allows a total gross build area of 2,127 m², ideal for a boutique hotel or luxury apartment concept. With clear urban parameters and an existing concept design, investors can fast‑track a high-end hospitality or residential project in the UNESCO-protected Bay of Kotor.
Call to Action
Request full documentation, concept plans and schedule a site visit today. This is a stand-alone offer—separate from previous listings.
This calculation is for informational purposes only. Actual loan terms may vary depending on the bank, credit rating, and other factors. Please consult your bank for exact conditions.
Regulatory information
Agency (intermediary)
Violet Investment
Registration number
2
Location
Kotor
Risan
Area
1800m²
Structure
Studio
Property Type
Land lot
This information is mandatory under the Law on Mediation in the Sale and Lease of Real Estate of Montenegro. All intermediaries must be registered in the Register of Intermediaries maintained by the competent ministry.