Premium New development

3 Bed Duplex for sale

Kotor, Kotor, Montenegro

£455,215 *  [€525,000]

3 Bed Duplex for sale

Kotor, Kotor, Montenegro

£455,215 *  [€525,000]

Property Details


  • Bedrooms: 3
  • Bathrooms: 2
  • Plot size: 89 m2
  • Habitable space: 82 m2

Features


  • Good rent

Full Description


In the heart of the unique Old Town of Kotor, within a stone house that is several centuries old, lies this fully renovated two-bedroom duplex apartment with a total area of 82 m² (registered as 74 m²) and a private courtyard of 89 m². The property offers a stunning view of the sea and the authentic Kotor city walls.

The courtyard features Mediterranean fruit trees, and although the property is located in the very center of the town, it provides peace and tranquility – a rare and precious characteristic within the Old Town.

Property Details:

• Duplex 82 m² (74 m² registered)
• Private courtyard 89 m²
• Stone house in the Old Town
• Renovated and move-in ready
• Fantastic view of the sea and Old Town
• Mediterranean fruit trees in the courtyard
• Peace and quiet despite central location

About the Old Town of Kotor

Kotor is a UNESCO World Heritage Site and one of Montenegro’s most visited tourist gems. Narrow streets, squares, cathedrals, and palaces tell a story more than 2,000 years long. With its authentic architecture and rich history, Kotor attracts hundreds of thousands of tourists every year, both from cruise ships and independent travelers.

Rental Potential

A property of this category in the Old Town has enormous potential for tourist rentals. During the summer months, the daily rental price for a luxuriously renovated apartment in Kotor ranges from €200 to €400 per night, depending on capacity and location. The private courtyard with Mediterranean trees is an additional rarity and exclusive advantage that further increases the property’s market appeal.

Property Value

Real estate within the walls of the Old Town rarely appears on the market, while demand consistently exceeds supply. This makes such properties an exceptionally safe and long-term investment – both for personal enjoyment and as a source of rental income.
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Map may not show exact location

This property listing (ref: 4491) is an advertisement supplied by Rivijera Nekretnine and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8671 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.