1,250.000 €
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1,250.000 € (4,167 €/m²)
300 m²
5 Room
6 Bathroom

Sale, house, 300m², Kotor, Crna Gora

Kotor, Crna Gora

Property description

For sale apart-hotel for renovation – Muo, Kotor – 1st line.
An ancient stone house is located within walking distance of Kotor Old Town. The house is located on the first line of the picturesque Bay of Kotor, with its main facade facing the sea. In front of the house there is parking for 2 cars. The house also has a terrace with a covered veranda and a restaurant kitchen located on the ground floor of the house.
The house has 3 floors plus an attic. The total area of the house is 300 m2. Yard area – 291 m2.
House structure:
The first (ground floor) is intended for a restaurant, it has space for a dining hall and a kitchen. External stone stairs lead from the street to the 2nd floor.
On each floor there is one apartment with an area of 55 – 60 square meters with two bedrooms, two bathrooms, and a kitchen-living room. The ceiling height in the apartments is 2.6 meters. All rooms have a view of the sea and the Bay of Kotor.
The attic is a large room with a bathroom and an entrance from the landing and attic overlooking the bay.
If desired, each of the apartments can be divided into two hotel rooms. On the ground floor there is enough space for a reception, while retaining enough space for a restaurant or cafe to operate in a mini-hotel. The most promising use for the house in this case would be a boutique hotel.
The location of this property is very favorable, because it is located near 3 airports (Dubrovnik, Podgorica and Tivat). The city itself has absolutely all the infrastructure needed for a long life: there are schools and museums, shops, pharmacies, high-status restaurants, and numerous cafes.
The Kotor region is a UNESCO World Heritage site and includes the interior of the Bay of Kotor (across the Verige strait) with surrounding mountains, as well as the towns of Risan and Perast. The islands of Sveti Juraj and Gospa od Škrpiela also belong to the world heritage. In July 2000, the Bay of Kotor (the only one on the Mediterranean coast) was included in the list of the twenty-five most beautiful bays in the world.

Real estate details

Ad ID
199030
Published
30.11.2023
Updated
22.06.2026
Property Type

House

Agency

Luxury Adriatic

Luxury Adriatic

Loan calculator

Property parameters

Price per m²: 4166.67 €

Down payment 250,000 €

10%50%
1%8%
5 yr35 yr

Calculation result

Monthly installment
6,060 €

240 total installments

Loan amount
1,000.000 €
Down payment
250,000 €
Total interest
454,353 €
Total payment
1,454.353 €

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Note: This calculation is for informational purposes only. Actual loan terms may vary depending on the bank, credit rating, and other factors. Please consult your bank for exact conditions.

Average prices of five+ bedroom houses - Kotor

Kotor
Montenegro

This property's price is 23.48% higher than the average price of a in Kotor

Average price: 3374.29 €/m²

This property is 4.43% larger then the average size of a in Kotor

Average size: 287 m²

3,535 €
Average annual price
+6%
Price trend (annually)
961
Day on the market

Regulatory information

Agency (intermediary)

Luxury Adriatic

Registration number

-

LA

Location

Crna Gora , Kotor

Area

300m²

Structure

5 rooms

Property Type

House

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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