Completed luxury residential building with a swimming pool, located in one of the most desirable areas of the Bay of Kotor, just 2 km from the Old Town.

Only two penthouse apartments remain available, each approximately 200 sqm, featuring open sea views.

Main Features

• underfloor heating
• premium sound insulation
• smart home system
• parking
• digital door lock
• Wi-Fi boilers
• elevator
• swimming pool

The swimming pool and shared amenities are now fully completed and ready for use, making this property ideal both for living and investment.

The building is constructed to the highest standards and equipped with modern technology designed for maximum comfort and privacy.

A rare opportunity to own a penthouse in a fully completed development in this exceptional location.

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This unique investment opportunity includes a package of five attractive urban plots on the Montenegrin coast, all with strong potential for both tourist and residential development as well as profitable resale (the land price in the package has been reduced on average by 45%).

​I LUSTICA / HERCEG NOVI

1. Olive Mill, Zabrdje

Located in the authentic setting of a traditional village, below the main road, with a view of the Portonovi resort.

• ​Building footprint (ruin): 236 sqm
• Plot size: 2,010 sqm

Permitted construction:

• 4 buildings (Ground floor + 1) + ancillary structures
• Total GBA: 1,160 sqm (1,000 sqm + 160 sqm)

2. Lustica View, Zabrdje

• Regular-shaped plot, above the road, with a beautiful view of the bay.
• Plot size: 1,680 sqm
• Existing structure (ruin): 36 sqm

Construction potential:

• 2 buildings (Ground floor + 1)
• Total GBA: 810 sqm (500 sqm + 310 sqm ancillary structures)

II KOTOR / DONJI GRBALJ

3. Church Valley, Glavati

Tucked away in a lovely valley surrounded by pine forest, only:

• ​10 minutes from Trsteno beach
• 25 minutes from Budva
• Ideal for a peaceful retreat or a tourist project.
• Existing structures area: 167 sqm

Construction potential:

• 2 new buildings of 250 sqm each
• Total GBA: 500 sqm

III BUDVA RIVIERA

4. Budva Bay View, Tudorovici

One of the most attractive locations on the Riviera, with spectacular sea views.​

• Distance: 2 km from the main road
• Plot size: 782 sqm

Construction potential:

• 2 buildings
• Total: 450 sqm GBA

5. Stone House, Krusevice (above Petrovac)

Location surrounded by new villas, with panoramic views from Buljarica to Petrovac.

• ​Ruin size: 48 sqm
• Plot size: 709 sqm
• Excellent opportunity for renovation of a two-story house
• GBA: 96 sqm

Total land area of all plots: 7,242 sqm

Total gross building area: 3,016 sqm

Price: 550,000 EUR

​

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An exceptional fully urbanized development land is offered for sale in Risan, Municipality of Kotor, located within the UNESCO-listed Natural and Cultural-Historical Area of Kotor Bay. The plot is positioned in a quiet, elevated zone, offering open panoramic views of Risan Bay, making it ideal for a luxury residential or boutique development project.

Key Information

• Total land area: 12,941 sqm
• Zoning: Residential – low density (SMG)
• Urban status: Fully urbanized
• Construction index: max 1.0
• Site coverage: max 0.35
• Permitted floors: Ground floor + 1 + attic
• Gross buildable area: approx. 6,587 sqm (Phase I)

The land is planned for development in three phases, allowing a flexible and phased investment approach. For Phase I, the Main Design Project has already been completed, and urban-technical and conservation approvals have been obtained, significantly reducing the time required to start construction.

Location Advantages

• Elevated position with permanent sea views
• Peaceful, natural surroundings, away from mass tourism
• Only 900 m from the sea (approx. 3 minutes by car)
• Close to Kotor Old Town (16 km), Tivat Airport (28 km), and Dubrovnik Airport (45 km)
• Limited future construction due to UNESCO protection → strong long-term value appreciation

Investment Potential

• Ideal for luxury residential or boutique housing development
• Strong demand from international buyers (EU, UK, UAE, USA)
• Risan emerging as a new premium micro-location in Kotor Bay
• Phased development enables optimized cash flow and risk management
• An excellent opportunity for investors and developers seeking a secure location, clear planning framework, and long-term value growth in one of the most desirable areas of the Montenegrin coast.

Purchase Structure & Pricing Options

• The land may be acquired as a whole or by individual development parcels, providing flexibility for different investment strategies.

Available options:

• Parcel 1 – 3,000,000 Eur
• Parcel 2 – 1,250,000 Eur
• Parcel 3 – 1,250,000 Eur

Total 5,500.000 Eur

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This modern residential project, comprising a total of 72 apartments across 5 buildings, is located in Radanovici.

The project is being developed on a plot of approximately 2,000 sqm and offers a comfortable lifestyle along with excellent investment potential.

Main Features

• Planned amenities include a reception area, swimming pool, fitness center, underground garage, and a children’s playground.
• The location is strategically positioned in Radanovici, at the center of the Kotor – Tivat – Budva triangle, making it ideal for both residential living and rental purposes.

Distances

• Tivat Airport: 7 minutes
• Kotor: approx. 10 minutes
• Tivat Marina: 12 minutes
• Budva: 15 minutes
• Beach: 8 minutes
• Primary school: within walking distance

Delivery Status & Specifications

• Apartments are delivered fully finished.
• Included in the delivery
• Built-in cooktop, oven, and extractor hood
• Air-conditioning units in every room
• Kitchen and bathroom fittings
• Choice of wood-effect ceramic tiles or parquet flooring

Direct elevator access from the buildings to the garage is provided.

Apartment Types & Price Range

• Studio: 29.5 – 50.5 sqm | 82,600 Eur – 120,000 Eur
• 1-bedroom (1+1): 48.5 – 76 sqm | 134,000 Eur – 198,000 Eur
• 2-bedroom (2+1): approx. 66 sqm | 189,000 Eur – 192,000 Eur

Payment Terms

Cash payment: 5% discount on the listed price

Installment plans:

• 20% down payment + balance in 18 interest-free installments
• 30% down payment + balance in 24 interest-free installments

Completion date: January 2027

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Set just a short walk from the coastline, these three traditional stone houses are located in the charming area of Dražin Vrt, only 200 meters from the popular Bajova Kula beach. The properties sit on a spacious 1,938 m² cascading plot with open sea views over the Bay of Kotor.

The main house offers 62 m² of living space arranged over three levels. The neighboring house spans 56 m² across two levels, while the third house is a single-level structure of 30 m². Together, they form an authentic Mediterranean ensemble ideal for renovation or investment.
The lush green land features a terraced layout, Mediterranean fruit trees, two water wells, and direct access from the main road just a few meters away. The houses are connected to city electricity and water supply.

The historic Old Town of Kotor is approximately 15 km away, while the picturesque town of Perast can be reached in under 10 minutes on foot.

The Bay of Kotor is widely regarded as one of the most beautiful bays in the world. Surrounded by dramatic mountains reflected in the deep blue Adriatic Sea, the bay is dotted with seven islands and a string of coastal villages rich in history and culture. Nearby Risan, the oldest settlement in the bay, is home to remarkable Roman mosaics from the 3rd century, while Kotor and Perast are exceptionally preserved medieval towns recognized as UNESCO World Heritage Sites.

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Spacious and bright one-bedroom apartment with a total area of 63 sqm plus a 14 sqm terrace offering stunning mountain and bay views.

Located on the 3^rd (top) floor of a small residential building in the charming village of Orahovac — one of the most beautiful spots in the Bay of Kotor.

Structure: spacious living room combined with a kitchen and access to a large panoramic terrace, cozy bedroom, modern bathroom, entrance hallway.

Main Features

• The apartment is part of a small residential complex with a swimming pool — perfect for cooling off on hot summer days.
• The apartment is fully furnished with stylish, contemporary furniture and is move-in ready or ideal for rental.
• Panoramic views of the bay and mountains.
• Quiet and green surroundings, perfect for living or vacationing.
• Unique combination of nature, history, and comfort.
• The low-rise building ensures privacy and a peaceful atmosphere.

Location

The sea and beach are about 600 meters away via a scenic path. Orahovac’s charming seafront offers a beautiful promenade along the water, several picturesque beaches, and a selection of cozy restaurants and cafés where you can enjoy local cuisine and a relaxed coastal atmosphere.

Unique Setting and Natural Surroundings

Just behind the house begins the historic Austro-Hungarian forest road, protected by UNESCO as a cultural heritage site — an ideal route for shaded walks with mesmerizing views over the bay. The area is known for its pristine nature, scenic landscapes, and proximity to the sea.

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Nestled on an extraordinary 9,000 m² estate, this unique property comprises five beautifully restored buildings offering approximately 800 m² of refined living space. Within this exclusive complex, ten bedrooms are thoughtfully distributed across three of the residences, providing ample accommodation for family and guests.

The property boasts expansive terraces, lush landscaped gardens, and a 12m x 6m swimming pool surrounded by serene greenery. Additional features include a standalone sauna, a storage facility for gardening tools, and electronically controlled gates leading to ample private parking.

Originally built over 200 years ago, the house underwent a meticulous renovation between 2016 and 2018, preserving its historic charm while integrating modern comforts. Over the past five years, the current owners have restored every original stone wall using local materials and artisans, ensuring authenticity in every detail.

A picturesque stream runs through the property, enhanced by newly crafted stone steps that elegantly connect the terraced grounds. With hundreds of mature trees and shrubs and room for many more, the estate offers a true sense of peace, privacy, and connection to nature.

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This stunning three bedroom, three bathroom apartment (158 sqm, 3^rd floor) offers breathtaking panoramic views of Kotor Bay from every room. Designed with elegance in mind, the interior features high-end Italian and German furniture and premium finishes throughout.

Main Features

• Bright, open-concept living & dining area
• Designer furnishings & modern finishes
• Private outdoor parking (usage right)
• Just 250 meters to the beach
• Only 10 minutes to Kotor Old Town
• Perfect for comfortable year-round living or as a high-return investment in a prestigious coastal setting.

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This elegant two bedroom apartment, measuring approximately 71m², is being offered fully furnished and fully equipped. Included in the total area is a private poolside terrace of 19m², which can be accessed directly from the living room or one of the bedrooms. The unit is positioned on the ground floor, providing easy access and a seamless connection to outdoor spaces.

The apartment is located within the prestigious Royal Blue Resort, a modern residential complex whose construction was completed only a few years ago. The resort is ideally situated between Tivat and Kotor, just a short drive from Tivat International Airport — ensuring excellent connectivity while being nestled in a tranquil coastal setting.

Residents are offered access to a wide range of high-end amenities. A stunning infinity pool overlooking the bay, a stylish pool bar, and a full-service spa & wellness centre are available on-site. A fully equipped gym and a conference room are also provided for both relaxation and business needs. One of the highlights of the complex is the rooftop Bar & Restaurant ‘Cielo’, from which panoramic views of the Adriatic coast can be enjoyed.

Ownership of this apartment allows for flexible usage — it may be used as a private holiday residence, included in the Royal Blue rental program, or managed as a combination of both.

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This modern one bedroom apartment, with a total area of 52 sqm, is located in the „Alkima“ residential complex, built in 2019, just 200 meters from the sea.

The complex enjoys a prime location in one of the sunniest and most desirable neighborhoods of Kotor, only a 5-minute drive from Kotor’s Old Town – a UNESCO World Heritage site – and right next to a 3 km long seaside promenade.

Main Features

• Spacious living room with kitchen
• Bright bedroom
• Bathroom with underfloor heating
• Large terrace with mountain views
• Located on the 2^nd floor, building equipped with an elevator
• Fully furnished and move-in ready
• Flooring – parquet in the living room and bedroom

Additional benefits

• High-quality construction materials
• Option to purchase a garage space
• Free public parking nearby

Location

• One of the most beautiful and sunniest parts of the Bay of Kotor
• Only 200 meters to the beach near Huma Kotor Bay Hotel and the 3 km promenade
• Close to restaurants, cafes, supermarkets, and all amenities needed for comfortable living

A smart choice – for living or investment

• This apartment is ideal for those seeking a peaceful place for everyday living near the sea, as well as investors looking for a property with strong rental potential.
• Connectivity, quality, and location make it an excellent opportunity.

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