In the heart of the unique Old Town of Kotor, in a stone house several centuries old, is this completely renovated two-bedroom duplex apartment with an area of 82 m² (74 m² registered in the property deed) with a private courtyard of 89 m². The property offers a beautiful view of the sea and the authentic Kotor city walls.
The courtyard is adorned with Mediterranean fruit trees, and although the property is located in the very center of the city, it offers peace and quiet – a rare and valuable characteristic in 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 the Old Town
• Mediterranean fruit trees in the courtyard
• Peace and quiet despite the central location
About the Old Town of Kotor
Kotor is under UNESCO protection and is one of the most visited tourist jewels of Montenegro. Narrow streets, squares, cathedrals, and palaces tell a story over 2000 years old. Due to its authentic architecture and rich history, Kotor attracts hundreds of thousands of tourists from cruise ships and individual travelers every year.
Rental potential
An apartment 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. A private courtyard with Mediterranean fruit trees is an additional rarity and an exclusive advantage that increases market attractiveness.
Property value
Properties within the Old Town walls rarely appear on the market, and demand is constantly higher than supply. This makes them an extremely safe and long-term investment – both for personal enjoyment and for income through rentals.
Price: 525.000 €
Apartment
82m²
3
2
Agency
Rivijera NekretninePrice per m²: 6402.44 €
Down payment 105,000 €
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This property's price is 25.44% higher than the average price of a three bedroom apartment in Centar
Average price: 5104.17 €/m²
This property is 4.65% smaller then the average size of a three bedroom apartment in Centar
Average size: 86 m²
Agency (intermediary)
Rivijera Nekretnine
Registration number
-
Location
Kotor
Centar
Area
82m²
Structure
3 Rooms
Property Type
Apartment
This information is mandatory under the Law on Mediation in the Sale and Lease of Real Estate of Montenegro. All intermediaries must be registered in the Register of Intermediaries maintained by the competent ministry.
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Fixed rate from: 4%
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