Sale, land lot, 13000m², Risan, Kotor

PRIME DEVELOPMENT LAND | BAY OF KOTOR | €5,200,000Risan, Bay of Kotor — 12,941 m² | Building Permit Obtained | UNESCO Approved | Panoramic Sea ViewsOne of the rarest development opportunities on the Adriatic coast. A fully permitted, UNESCO-approved residential development project in Risan, Bay of Kotor — one of Montenegro's most sought-after and protected destinations.THE LANDTotal area of 12,941 m² of urbanized hillside land, situated approximately 65 meters above sea level with unobstructed panoramic views over the Bay of Kotor. A 7-minute walk to the sea. Full infrastructure available in the immediate vicinity. Clean title — no liens, no mortgages.THE PROJECTPhase 1 — approved and permit-ready — envisions 9 residential buildings with 55 premium apartments, designed as a low-density resort-style residential complex. Full documentation package includes:• Urban Technical Conditions (UTU) — issued• Building Permit — obtained and fees paid• UNESCO Cultural Heritage Zone approval — obtained• Complete architectural and main project documentation• Bank feasibility study• Infrastructure connection plansPhases 2 and 3 bring the total development potential to approximately 125 units across the full site.WHY THIS OPPORTUNITY IS UNIQUEObtaining a building permit in the UNESCO-protected Bay of Kotor is an extraordinarily difficult and time-consuming process. This project has already cleared every regulatory hurdle — years of work that cannot simply be replicated. A new buyer steps in with everything ready and can begin construction immediately.Comparable developments in the immediate area are selling finished units at €10,000+ per m², making the economics of this project exceptionally attractive.DEAL STRUCTUREThe seller is open to multiple transaction structures:• Full asset sale• Company (share) sale• Joint venture / development partnership• Combination deal (land for apartments or other assets)Asking Price: €5,200,000Serious inquiries welcome. NDA and full Data Room available upon request.