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.
