Land in Kotor, Montenegro, 10 624 sq.m

U4-229. Large plot in Risan

In the location of “Raškov brijeg – Ljuta”, within “Detailed Urban Plan Dobrota”, the construction of luxury buildings – tourist settlement (luxury villas, hotel complex, condo hotel, etc.) is planned. It is full ownership (1/1) without encumbrances or restrictions of any kind and covers the area of 10,624m2.

Out of the aforementioned area two units are ready for building.

In the conjoint location the permitted lot coverage is 35%, floor area ratio is 1.20, number of floors: ground floor + two floors + attic, considering the fact that the garage and ancillary space is not included in gross floor area. The area is about 5400m2.

Buildings or a single separate building (hotel) or tourist settlement have been planned on both urban plots.

Regarding the tourist settlement, the complex should be constructed as a semi-open block with a network of footpaths and open sea view. Apart from accommodation facilities other facilities ought to be provided (customer service, shops, catering facilities, sport and leisure areas and green areas). Stage by stage construction is permitted. The stress is laid on environmental and authentic construction which, with its aesthetic characteristics, complies with the standards aiming to preserve the authenticity of this area set by UNESCO.

The location boasts extraordinary quality features.

It is situated in the most beautiful, sunniest and healthiest part of Boka Bay which is officially ranked as the seventh most beautiful bay in the world. It has maximum exposure to sunlight, nearness of the clear blue sea (30 m of air distance from the sea) and astonishing view which no other future structure can obstruct. The entire infrastructure is absolutely available. The location is 5 km far away from the town centre and one can reach Tivat airport in 20 minutes