$6,081,184
Three-Location Residential Development Project with Panoramic Bay of Kotor Views, Risan — Approx. 13
- 3.22 Ac lot
- Updated: November 9
About the Property
A residential development project is offered for sale on an elevated hillside above Risan, with panoramic views over the Bay of Kotor.
The project comprises three development locations with a total land area of approximately 13,000 m². The masterplan is designed as a low-density residential complex with development potential for approximately 125 residential units.
The first loca
The project comprises three development locations with a total land area of approximately 13,000 m². The masterplan is designed as a low-density residential complex with development potential for approximately 125 residential units.
The first loca
A residential development project is offered for sale on an elevated hillside above Risan, with panoramic views over the Bay of Kotor.
The project comprises three development locations with a total land area of approximately 13,000 m². The masterplan is designed as a low-density residential complex with development potential for approximately 125 residential units.
The first location covers around 6,600 m² and has an approved amended Concept Design. The second location covers approximately 2,900 m² and has issued Urban Technical Conditions, together with conservation, access and infrastructure requirements. The third location comprises around 3,400 m² and has both Urban Technical Conditions and an approved Concept Design.
The project includes a range of residential formats, including studios, one-, two- and three-bedroom apartments and penthouses. Landscaped Mediterranean surroundings, terraces, parking and shared amenities are also planned.
The waterfront is approximately a 7-minute walk away. Perast is around 10 minutes by car, Kotor Old Town approximately 25 minutes, and Tivat Airport around 35 minutes.
For more information and to arrange a viewing, please contact us.
The project comprises three development locations with a total land area of approximately 13,000 m². The masterplan is designed as a low-density residential complex with development potential for approximately 125 residential units.
The first location covers around 6,600 m² and has an approved amended Concept Design. The second location covers approximately 2,900 m² and has issued Urban Technical Conditions, together with conservation, access and infrastructure requirements. The third location comprises around 3,400 m² and has both Urban Technical Conditions and an approved Concept Design.
The project includes a range of residential formats, including studios, one-, two- and three-bedroom apartments and penthouses. Landscaped Mediterranean surroundings, terraces, parking and shared amenities are also planned.
The waterfront is approximately a 7-minute walk away. Perast is around 10 minutes by car, Kotor Old Town approximately 25 minutes, and Tivat Airport around 35 minutes.
For more information and to arrange a viewing, please contact us.
-
Property type
Land
Features
Explore the Area
Risan, Kotor Municipality, Montenegro
View on Google Maps
Price per sqft
Low
High
Joined 9 months ago
You have inquired about this property
The agent will contact you soon by
Listed by
191
Listings
2026
Joined
Book home tour with Ksenija Nikolic
Choose a date and whether you'd like a virtual or in-person tour with the agent.
Preferred date
Tour type
CMM Investment Consulting Group | Chestertons, Montenegro
Jadranski put b.b., 85310 Budva, Montenegro, 85310, Budva, Montenegro
View agency profile
CMM Investment Consulting Group is an award-winning leader in the international real estate market, specialising in
CMM Investment Consulting Group is an award-winning leader in the international real estate market, specialising in providing bespoke full-cycle services for Ultra High Net Worth individuals across Montenegro. We offer an exclusive portfolio of luxurious villas, seafront apartments, and modern resorts designed for discerning clients seeking a primary residence, a prestigious second home, or high-potential investment opportunities.
Our expertise extends beyond brokerage; we are a full-cycle developer, managing projects from initial concept to construction and realisation, ensuring meticulous quality control and delivering stable, long-term value for our partners. We prioritise a deep understanding of your unique needs, whether your goal is significant capital appreciation, or a reliable rental income stream.
CMM provides a comprehensive suite of services, including expert investment consulting, legal assistance (such as residency and company registration), property management, and bespoke interior design, ensuring a seamless and effortless experience. Our commitment to excellence, recognised by accolades like the European Property Awards and Luxury Lifestyle Awards, makes us the trusted partner for fulfilling your most ambitious real estate aspirations. Contact us for exceptional properties and unparalleled service.
Our expertise extends beyond brokerage; we are a full-cycle developer, managing projects from initial concept to construction and realisation, ensuring meticulous quality control and delivering stable, long-term value for our partners. We prioritise a deep understanding of your unique needs, whether your goal is significant capital appreciation, or a reliable rental income stream.
CMM provides a comprehensive suite of services, including expert investment consulting, legal assistance (such as residency and company registration), property management, and bespoke interior design, ensuring a seamless and effortless experience. Our commitment to excellence, recognised by accolades like the European Property Awards and Luxury Lifestyle Awards, makes us the trusted partner for fulfilling your most ambitious real estate aspirations. Contact us for exceptional properties and unparalleled service.
Last updated
November 9
First listed
November 9
Listing reference
MNE54861
Similar Properties Nearby
New Listings in Risan
Explore More Homes for Sale
Risan, Montenegro property types
Risan, Montenegro popular searches
- Investment Property properties in Risan, Montenegro
- New Builds properties in Risan, Montenegro
- Beachfront properties in Risan, Montenegro
- Properties with Sauna in Risan, Montenegro
- Properties with Indoor Pool in Risan, Montenegro
- Coastal properties in Risan, Montenegro
- Waterfront properties in Risan, Montenegro
- Modern properties in Risan, Montenegro
- Properties with Elevator in Risan, Montenegro
- Properties with Jacuzzi in Risan, Montenegro
Related Guides & Stories
Trusted by the World's Leading Brokers
The agents behind the world's most exceptional properties list with JamesEdition.
- Listings from Sotheby's, Christie's, BARNES, and Engel & Völkers
- Every listing reviewed before it goes live
- Connect directly with verified listing agents
By continuing you agree to our Terms and Privacy Policy.