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For sale a rare apartment in the historical part of Kotor, located on the 2nd floor of the building with private access directly to the fortress wall of the Old City, which is part of the cultural heritage of Kotor.
The total area used includes 34 m2 of living space, an additional 6 m2 and another 2 m2 of auxiliary spaces.
The layout includes:
• spacious bedroom;
• living room with kitchen;
• bathroom;
• internal storage;
• external pantry;
• additional storage space.
One of the main advantages of the object is its unique location. The apartment is located on the first line of the sea and is one of the few properties in the Old Town with direct sea views.
The property is already successfully operating in short-term rentals. Confirmed annual gross revenue is approximately 23,000-25,000 euros. Over the past four years, the apartment has been included in the top 3 properties of the Old City of Kotor on Airbnb, which indicates high demand and stable tourist demand.
Main advantages:
• First line of the sea.
• Old town of Kotor, Gurdich district.
• Straight sea view.
• Private access to the fortress wall.
• The current rental business.
• Gross revenue is about 23,000-25,000 euros per year.
• One of the top Old Town properties on Airbnb.
• A rare historical location.
• High investment potential.
A great option for a buyer who is looking not just for real estate in Kotor, but for a ready-made rental business in a truly unique location with limited supply and high tourist demand.
Property characteristics
Apartment parameters
Price per m²
$10,609/m²
Bedrooms
1
Bathrooms
1
Total area
34 m²
Exterior details
View:
Sea view
Location on the map
Kotor, Montenegro
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