Waterfront Development Site – Boutique Hotel Project in Risan,Kotor

Location: Risan, Bay of Kotor (UNESCO-listed area)
Distance to Sea: 2 meters (first line)
Total Plot Area: 1,800 m²
Planned/Permitted Build Area: up to 2,127 m² gross
Price: €3,000,000
Purpose: 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

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