Skip to content

AI Summary

Exclusive penthouse DOROTHEA in the Castello Risano complex — a spacious 152 m² apartment with panoramic views of the Bay of Kotor, mountains, and the city. Fully furnished residence with its own terrace, garden, and parking offers privacy and comfort surrounded by Mediterranean greenery. Just 500 meters from the sea, with a pool, elevator, and security system — an ideal retreat for connoisseurs of seclusion and luxury.

ApartmentsNo. 2705
Verified
Verified against the cadastre

Penthouse in Risan No. 2705

Risan · Bay of Kotor
€555,000
View: Sea view, Mountain view, City view, Forest view

Details

Area
152 m²
Rooms
3
Bedrooms
2
Bathrooms
2
Floor
2/2
Year built
2017
To sea
500 m

Description

Penthouse DOROTHEA at Castello Risano — view of the Bay of Kotor

We offer for sale one of the most spacious and private units in the Castello Risano complex — the DOROTHEA penthouse, located in the historic town of Risan, in the very heart of the Bay of Kotor.

This is an apartment for those seeking not just seaside property, but a tranquil place with the atmosphere of a secluded Mediterranean residence. The terraces offer panoramic views of the bay and mountains, and the complex itself is surrounded by greenery and quiet — without dense tourist development or city noise.  

Key features:

  • Area per deed: 152 m²
  • Terraces: 55.8 m²
  • Bedrooms: 2
  • Bathrooms: 2
  • 4 terraces
  • Panoramic sea and mountain views

About the apartment

DOROTHEA is a spacious penthouse with a large living room, dining area, and open-plan kitchen. The layout is designed so that almost every room offers a view of the Bay of Kotor. The apartment features two separate bedrooms, two bathrooms, and as many as four terraces — a rare format even for premium real estate in the bay.  

The interior is finished in soft, light tones with an emphasis on natural light and a sense of space. Large windows, terrace access, a calm palette, and plenty of air — the apartment feels like a true Mediterranean seaside home, not a typical rental unit.

About the Castello Risano complex

Castello Risano is an intimate boutique complex with just a few residences, featuring a pool, landscaped grounds, and a private atmosphere. The property includes:

  • an outdoor pool,
  • lounging areas,
  • parking,
  • spacious terraces with bay views,
  • a gated area.  

The complex is located in a quiet part of Risan, near the historic town center and the waterfront promenade.

Location

  • beach and promenade — about 10–15 minutes on foot
  • Perast — about 10 minutes by car
  • Kotor Old Town — about 25 minutes
  • Porto Montenegro — about 35 minutes
  • Tivat Airport — about 30–40 minutes

Risan is considered one of the quietest and greenest parts of the Bay of Kotor. There is no heavy traffic or noisy tourist streets, but there is the sea, mountains, historic architecture, and a true Mediterranean feel.

Investment potential:

DOROTHEA is a rare format for the Bay of Kotor: a spacious penthouse with four terraces and panoramic sea views. Such properties remain in demand both for personal residence and premium seasonal rentals. Risan retains the bay's main advantage — tranquility, privacy, and a calmer atmosphere compared to Kotor and coastal tourist hubs, making real estate here especially attractive for long-term investments.

Amenities

IntercomAlarm systemAir conditioningSea ViewMountain viewCity viewManagement companyGardenParkingSwimming poolFully furnishedTerrace

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€555,000
Real estate transfer tax
€25,300
€4,500 (3% × 150,000) + €17,500 (5% × 350,000) + €3,300 (6% × 55,000)

Possible additional costs

  • Cadastre applicationsfrom €30
  • Ownership sheets (listovi) for the dealfrom €7
  • Sworn translator services· per contract / hourfrom €50
Total required costs€26,337
Estimated costs to purchase the propertyTotal: €581,337

Location

What's nearby

  • GroceriesTrg 21. Novembar404 m
  • RestaurantMM Park410 m
  • Bus stop438 m
  • ATMCKB atm429 m
  • AirportTivat Airport12.6 km
  • PortLepetane5.7 km
  • Sea500 m

Frequently asked questions

Yes. Foreign nationals can buy apartments and houses in Montenegro on the same terms as citizens, with full ownership rights. Restrictions apply only to certain agricultural and undeveloped land, which foreigners usually acquire through a Montenegrin company. We handle the entire legal process.
Buying costs depend on the property. Montenegro’s real-estate transfer tax is progressive — the rate depends on the value — and newly built homes are subject to VAT on the first sale. Add notary, registration and optional lawyer fees. The easiest way to get an exact figure for this property is our purchase-cost calculator.
This property is about 500 m from the sea.
Montenegro’s coast has strong seasonal short-term demand and growing long-term demand from people relocating. Actual returns depend on location, furnishing and management — ask us for a projection for this specific property.
Under the new law, a property purchase supports a temporary residence permit only if the property is residential and worth at least €150,000. The rules change periodically, so confirm the current requirements with us.

Calculate mortgage

Beta · still being polished
Property price
€555,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€2,761/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€2,851/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€2,897/mo
Monthly payment
€2,564
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€388,500
Total interest€226,843
Loan amount
€388,500
Total interest
€226,843
Total payment
€615,343

Want to know how much you can actually get approved for?

< 1 minNo obligation3 banks at once

Rates shown as "from". Final offer depends on your credit profile and the bank's conditions.

€555,000
No. 2705