AI Summary

A unique land plot in the heart of Risan — just 20 meters from the azure sea. Two luxurious swimming pools have already been designed on the property, making this site an ideal location for creating an elite villa or a premium residential complex.

Land Plot in Risan No. 463

Risan · Bay of Kotor, Risan, Montenegro
3 071 100 €

Details

Land area
10237 м²
To sea
20 m

Description

A land plot is offered for sale, with a total area of 10,237 sq.m. The plot is located in the town of Risan, in the area of the Bay of Kotor, not far from the town of Kotor. Near the plot for sale, there is a cozy beach. The buyer of this land plot has the opportunity to rent this beach, provided that an appropriate agreement is concluded with the company “Morsko Dobro”. The terrain of the plot is flat with a gradual rise toward the east. All necessary urban utilities are available. The buyer is entitled to use the land plot at their own discretion, in accordance with the available Technical Conditions. For this plot, the maximum indices corresponding to the size of the building plot are предусмотрены — construction coefficient 0.6, plot occupancy coefficient 0.25. If desired, the buyer can use the already completed project for the construction of the apartment complex “Risan bay”. This project has already been fully developed, passed expert review, and approved by the administration of the Municipality of Kotor.
The total gross area of all buildings according to the Project is 7,169.50 sq.m, net area is 5,683.95 sq.m. Of this:
88 apartments, total area — 4,741.44 sq.m.
Net area of commercial premises for sale (fitness center, restaurant, management company office, SPA center) — 172.27 sq.m.
Net area of utility premises for sale (restaurant kitchen, storage rooms) — 208.02 sq.m.
Number of garage spaces for sale — 20 units.
Number of outdoor parking spaces for sale — 56 units.
Swimming pool — 112 sq.m.

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
3 071 100 €
Real estate transfer tax
176 266 €
4 500 € (3% × 150 000) + 17 500 € (5% × 350 000) + 154 266 € (6% × 2 571 100)

Possible additional costs

  • Cadastre applicationsfrom 30 €
  • Ownership sheets (listovi) for the dealfrom 7 €
  • Sworn translator services· per contract / hourfrom 50 €
Total required costs179 946 €
Estimated costs to purchase the propertyTotal: 3 251 046 €

Location

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 20 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
€3,071,100
yrs
5 yrs30 yrs
%
3%9%

Ставки банков

Beta · still being polished
CKB Bank
CKB Bankлучшая
фикс. на 5 лет · 7 дн
5.9%
€15,278/мес
NLB Banka
NLB Banka
плавающая Euribor + 4.2% · 10 дн
6.3%
€15,776/мес
Erste Bank
Erste Bank
фикс. на 3 года · 14 дн
6.5%
€16,028/мес
Monthly payment
€14,188
Over 240 months · at 5.0% p.a.
63%тело
Loan amount€2,149,770
Total interest€1,255,237
Loan amount
€2,149,770
Total interest
€1,255,237
Total payment
€3,405,007

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.

3 071 100 €
463