285,000 €
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285,000 € (3,132 €/m²)
91 m²
4 Room
3 Bathroom

Sale, house, 91m², Kostanjica, Kotor

Kostanjica, Kotor Crna Gora

Property description

For Sale: Rare Waterfront Stone House Investment Opportunity with Private Courtyard

An exceptional waterfront investment opportunity situated right on the first line to the sea in the serene UNESCO-protected Bay of Kotor. This authentic stone property combines traditional Mediterranean architecture with unlimited development potential, all offered at an extraordinary bargain price point.

Located in the picturesque village of Kostanjica, the property enjoys direct access to the sea and is adjacent to a boutique hotel with its own private beach and ponta, as well as several top-tier waterfront restaurants.

The house is positioned on a generous 165 m² private plot extending behind the main building, offering a tranquil, green oasis shielded from coastal traffic noise.

The property presents a blank canvas for complete interior customization. Interior non-bearing walls across all floors can be opened up to create an open-concept luxury residence tailored to modern living standards. Additionally, the courtyard provides sufficient space for outdoor living features such as a patio with a pergola, BBQ area, lush Mediterranean garden, jacuzzi, or a private plunge pool.

Layout & Structure:
• Main Waterfront House (75 m² across 3 levels / 25 m² per floor):
– Ground Floor: Kitchen and living area
– First Floor: 2 bedrooms
– Top Floor (External Access): 2 bedrooms

• Auxiliary Buildings (16 m²): 2 separate structures in the rear courtyard suitable for conversion into guest suites, summer kitchen, or storage

Property & Location Features:
• First-line waterfront setting with unobstructed views across the Bay of Kotor
• High conversion potential: open-plan potential for main living quarters + courtyard development (pool/jacuzzi/BBQ area)
• Situated within a 20-minute drive of Kotor Old Town, Tivat (Porto Montenegro), and Herceg Novi
• Steps away from premium restaurants, beach facilities, and private ponta
• Only 20 minutes from Tivat International Airport and key nautical centers.

Real estate details

Ad ID
583915
Published
26.07.2026
Updated
27.07.2026
Property Type

House

Balconies

1

Number of Floors

3

Condition

For renovation

Furnished

Partially furnished

Land Area

165

Agency

Estatelands Real Estate

Estatelands

Amenities

Air Conditioning
Yard
Kitchen
Dining Room

Loan calculator

Property parameters

Price per m²: 3131.87 €

Down payment 57,000 €

10%50%
1%8%
5 yr35 yr

Calculation result

Monthly installment
1,382 €

240 total installments

Loan amount
228,000 €
Down payment
57,000 €
Total interest
103,592 €
Total payment
331,592 €

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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 four-bedroom houses - Kotor

Kostanjica
Kotor

This property's price is 11.74% lower than the average price of a in Kotor

Average price: 3548.61 €/m²

This property is 56.26% smaller then the average size of a in Kotor

Average size: 208 m²

Regulatory information

Agency (intermediary)

Estatelands

Registration number

-

Estatelands

Location

Kotor , Kostanjica

Area

91m²

Structure

4 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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