Land for Development on the First Line of the Sea, Urgent Sale

Discover the perfect location for your dream project at the Boka-Kotor Bay, adjacent to Risan. This sunny, urbanized spot offers breathtaking views of Perast and the island of Our Lady. With 284m2 of land available, you have the option to purchase additional land from neighbors at a reasonable price. Take advantage of the first-line position, gentle terrain, and nearby utilities. A strip of land and a road separate the property from the sea, ensuring privacy. Purchase the land for 115,000 euros and consider building a villa 'turnkey' for an estimated 200,000 euros. After development, the property could be sold for a profit between 600,000 and 700,000 euros, making it a lucrative investment with a potential return within 3-4 years.