Property Added To Your Favourites
View All Favourites
Property Removed From Your Favourites
View All Favourites
Property link copied to clipboard!

1 Bedroom Apartment for Sale in Risan

€140,389

1
Bed
1
Bath
48
Available
Peter Flynn

Peter Flynn

Features

Explore in 3D

Guided Video Tour

Description

We present you the new residential complex in Risan. Located in the beautiful part of Kotor Bay, near the sea, overlooking the beautiful bay on the Montenegrin coast.

The small town of Risan is the oldest settlement in the Bay of Kotor. It was the craft, maritime and trade centre of the Illyrian state. When it comes to Montenegro, sights with archeological background are a real treat for history and archaeology lovers. One such attraction is the “Roman Mosaics” in Risan.

The complex consists of three residential buildings, surrounded with activity areas, beautiful landscape and parking. The residential buildings consist of the first floor, second floor and attic. The area of the plot is 2,240.00 m². The complex offers the highest level of comfort, quality and functional living space.

The total number of residential units is 32:

  • 30 one-bedroom apartments
  • 2 two-bedroom apartments
  • 25 parking spaces

Available Units

Building 1:
Ground Floor, APT 2 & 3, total size of 54.84 m² – 159,036 EUR
First Floor, APT 5, total size of 58.97 m² – 176,910 EUR
First Floor, APT 6 & 7, total size of 54.84 m² – 164,520 EUR
Loft, APT 10 & 11, total size of 54.84 m² – 170,004 EUR
Loft, APT 9 & 12, total size of 59.05 m² – 183,055 EUR

Building 2:
Ground Floor, APT 2 & 3, total size of 54.84 m² – 159,036 EUR
Ground Floor, APT 4, total size of 48.41 m² – 140,389 EUR
First Floor, APT 5 & 8, total size of 58.92 m² – 176,760 EUR
First Floor, APT 6 & 7, total size of 54.84 m² – 164,520 EUR
Loft, APT 10 & 11, total size of 54.84 m² – 170,004 EUR
Loft, APT 12, total size of 58.93 m² – 182,683 EUR

15 parking spaces available for sale at the cost of 15,000 EUR.

The complex contains all the elements of an exclusive residence as the space and configuration of the land allow. A swimming pool, sauna, smart home system, children's corner and much more are available for luxurious living and vacation.

The apartments have a “smart home” system — they are designed to adapt to your needs, and with comfort and extra security contribute to energy efficiency. As part of the system, they allow you centralised control and automation of all parameters from anywhere.

A smart home is first of all a lifestyle, and only then a technology. The home is smart because it adapts to the current activities, mood, habits and lifestyle of each household member, while achieving energy savings. It is a home automation system that is extremely easy to use, maintain and install. The smart home system allows the integration of various security systems into a single communication system.

On the first floor of the complex, there is a common modern reception for all users.

The living room, dining room and kitchen are united in the popular “open space” concept. The aim of this concept is to increase the use of space by combining several rooms into one large common space without partitions, which allows better organisation and practicality.

Fewer walls mean fewer obstacles blocking sunlight. The house is filled with natural light, making it airy and comfortable.

The courtyard of the complex is maximally landscaped and has various facilities for the youngest residents of the future complex, as well as for older residents, making life in the complex comfortable, high-quality and pleasant.

A relaxation corner, a SPA & wellness centre with an exclusive swimming pool and sauna, is available to all users in front of the complex.

In addition to these facilities, there are seating areas and a children's playground equipped with a wide range of entertainment, suitable and safe for children.

Completion of works is in June 2026, with the start of works in September 2024.

Payment dynamics:
30% advance, 30% after the end of the gray phase, 30% after the end of the craft phase, and 10% after the completion of the work.

ntRealty is a Real Estate Agency based in Tivat, Montenegro, headed by British businessman Peter Flynn, who has lived in the area since 2005 and focused his efforts in various aspects of real estate, including development, architecture, interior design, and investing in real estate in the area. The Tivat office is run by a team of professionals who really understand the local market. The team is there to help guide you through the buying (or selling) process, and we pride ourselves on giving a high level of service in a polite, friendly, and efficient way.

ntRealty specializes in properties for sale all around the Bay of Kotor, Tivat Bay, and Lustica, and our clients range from Porto Montenegro and Lustica Bay to hundreds of private individuals who put their trust in our operation.

Map

Neighbourhood Guide

Kotor Bay

Explore Kotor

Learn More about living in Kotor: Things to Do and See in Kotor

Frequently Asked Questions

What should I know about rental agreements?

Rental agreements in Montenegro are legally binding contracts that outline the terms and conditions of the rental arrangement. It is important to ensure that the agreement includes key details such as the rental amount, payment schedule, duration of the lease, and responsibilities of both the landlord and tenant.

Additionally, it is advisable to clarify any rules regarding pets, maintenance, and termination of the lease. If you have any questions or concerns, it is wise to consult with a legal expert to ensure that your rights are protected.

What are the advantages of buying property in Montenegro?

Buying property in Montenegro offers several advantages. The country boasts stunning natural beauty, a favorable climate, and a growing economy, making it an attractive destination for both living and investment. Additionally, property prices in Montenegro are generally lower than in many Western European countries, providing excellent value for money.

Furthermore, Montenegro has a straightforward property purchase process for foreigners, and the potential for rental income from tourism is significant. Overall, investing in Montenegrin real estate can be a rewarding opportunity.

Disclaimer: Purchase Costs & Information Accuracy

All costs associated with the purchase, including notary fees, real estate transfer tax (if applicable), and any legal fees, are the sole responsibility of the buyer. ntRealty bears no responsibility for the correctness of the information published here, which is based exclusively upon details provided to us by the property owner(s). ntRealty has no obligation to update, modify, or amend this listing or to notify a reader if any information, including urbanistic or cadastral data, subsequently becomes inaccurate. All listings are subject to prior sale. Agency Commission: No agency commission is charged to the buyer. The agency fee is paid by the seller.

Request Information

Sign Up for the Newsletter

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form. Please try again.

Get Montenegro real estate updates directly in your inbox.

Are you interested in buying a home? Look no further than working with our real estate experts.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.