The project is located on the front line of Kotor Bay, in the village of Risan.
Part of the project is a historical stone building with an adjacent plot designated for development of a new object.
The project is perfect for developing a small boutique hotel in Kotor Bay, a desired addition to Montenegro Real Estate and hotel industry.
Risan is known for its historical heritage, antient Roman mosaics, waterfront beaches and hotels. Hotel Teuta, named after the Roman Queen that resided in Risan, is just being reconstructed and opening by the end of 2022.
Vicinity of the antient town of Perast is another attraction of the project.
Real estate in Perast is the most expensive real estate in Montenegro making this project, which is just 10 minutes walk away, even more attractive.
This project with full planning permissions is one of the most attractive investments in Montenegro.
Feel free to contact us for additional information and further details.