House by the sea in Kotor — investment in the 1st line
A space with the potential for a mini-hotel or hostel in the historic area of the Bay of Kotor
About the area
Kotor is one of the most attractive cities in Montenegro, a UNESCO World Heritage Site. The old town, narrow streets, fortress walls and the tourist flow all year round make this location especially in demand for business in the hospitality sector. The house is located right on the 1st line by the water - the best point for a tourist destination or a personal residence.
Well—developed infrastructure - comfort and opportunities
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-1-The tourist flow is all year roundThe proximity to the Old Town and the pedestrian promenade ensures a high level of accessibility. Cafes, marinas, shops and transport hubs are nearby. - -2-A ready-made environment for starting a businessBoutique hotels, hostels and restaurants are active in the area. There is a demand for both short-term rentals and permanent residence. The ability to easily integrate into the existing tourism ecosystem.
About the house
The total area of the house is 346 m2, as well as a courtyard of 160 m2, decorated in the format of a restaurant terrace or patio.
The building is located right on the first line by the sea, surrounded by ancient stone houses. The space is perfect for a mini-hotel, boutique hostel or an apartment restaurant.
The building is located right on the first line by the sea, surrounded by ancient stone houses. The space is perfect for a mini-hotel, boutique hostel or an apartment restaurant.
Advantages
- Unique locationThe house is located in an exceptional location — on the first coastline of the Bay of Kotor. The walking distance to the Old Town, the marina, restaurants and the promenade makes this property ideal for both tourists and long-term rentals.
- Historical characterThe building is made in the traditional architecture of Kotor with stone walls and authentic elements — a rarity, especially in such good condition. An excellent base for a boutique hotel, hostel or a gastronomic project with an atmosphere.
- Spacious courtyard-terrace160 m2 of private outdoor space
The enclosed courtyard can be converted into a restaurant terrace, lounge area or garden for guests. In Kotor, there are very few objects with such a combination: a house + a private outdoor space.
Cost 1,200,000€