81144 - Land, Risan

General info

Description

Background Information: Mala is in the area of Risan and sits at the head of the Boka bay commanding spectacular views over Boka Bay, Tivat Bay and the Adriatic in the distance. Risan town is surrounded by towering peaks with a small marina and boasts some historical roman mosaics. It is situated about 1 hour from Dubrovnik airport, and 45 minutes from Tivat airport. Mala is situated about 5 minutes above the main town, in an elevated position surrounded by rural beauty.

Details: This development offers an investor the ideal opportunity to purchase land with ruins and a habitable house. The development includes concept designs for eight individually designed apartments each with outside terrace and garden space. The concept designs include one 1 bedroom and seven 2 bedroom apartments which range from 55m² to 122m² and a large communal pool and recreation area. The refurbished and rebuilt properties are all designed in local stone, keeping traditional elements but with modern details, facilities, and internal finishes. Negotiations with the Cultural Heritage and Municipal planning authorities are under way and the investor would have the freedom to complete the detailed designs to their own specification either for the rental or off plan market.

Plot Size: Land approximately 2,000m², Ruins 379m² footprint

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