Apartment in the historical center of Kotor — 280 000 euros
Description of the apartment
For sale a luxurious duplex apartment of 100 m2, located in the heart of the historical part of Kotor — the Old Town, just 100 meters from the Bay of Kotor. The apartment is completely renovated, fully furnished and ready to move in.
Object characteristics:
Total area: 100 m2
Number of floors: Two-level
Layout: Living room, three bedrooms, two bathrooms, storage room
Heating and air conditioning: Split system
Heating: Underfloor
heating Location: Old Town of Kotor, 100 meters from the sea
This spacious and modern apartment combines comfort with the historical atmosphere of Kotor. Located in one of the most popular tourist destinations in Montenegro, it is an excellent option for both personal accommodation and rental.
Advantages of real estate in Kotor
Kotor is a picturesque town on the coast of the Bay of Kotor, famous for its unique medieval architecture, included in the UNESCO World Heritage List. The old town is surrounded by majestic fortress walls, and this is where the proposed apartment is located. There are cozy cafes, restaurants, museums and shops within walking distance from the apartment.
The proximity to the sea and the tourist attraction make Kotor one of the most sought-after places for real estate investments. Investments in housing here have a high return, especially in the summer months, when tourists actively rent apartments.
Economic attractiveness
Over the past 5 years, real estate prices in Kotor and the Bay of Kotor have been steadily growing, increasing by 5-8% per year. This is due to the high popularity of the region among foreign buyers and investors, as well as the growing tourist flow. An apartment in the Old Town is not only a comfortable accommodation, but also a profitable investment solution with the potential for long—term rental.
Possibilities of obtaining a residence permit
The purchase of real estate in Montenegro in the amount of over 100,000 euros can be the basis for obtaining a temporary residence permit. This opens up access to benefits for property owners and the possibility of long-term residence in one of the most attractive countries of the Adriatic.
