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Luxury class tourist complex on the first line in the Bay of Kotor

Kotor, Prcanj

1.200.000 €

SOLD
1 / 20
  • Area

    727 m²

  • Rooms

    13

  • Bathrooms

    7

  • Floor

    1

PROPERTY DESCRIPTION

We offer for sale a "lux" class tourist complex on the first line in the Bay of Kotor. A very convenient and comfortable location for a vacation in Montenegro, which is in demand among tourists. The complex includes:

1.) 2 land plots with a total area of 2261 m2 on the first line of the Bay of Kotor in the tourist settlement of Prcanj. The following facilities are located on these sites: – A residential building on the first floor with an area of 137 m2 with a landscaped yard and access to the pier (the house is built with all permits, and there is also a permit for the construction of the second floor); – an unfinished villa on 3 floors with 2 separate apartments (without finishing works) with a technical block of 590 m2.

2.) Land in the Durmitor National Park with an area of 920 m2 – the town of Žabljak, tourist settlement Motyčki Gaj, 2 km from the cable car (for the construction of a residential building).

The complex in the Bay of Kotor is suitable for year-round living in Montenegro and business. You can live in a mainly comfortable house and rent out 2 apartments of a luxury villa for a vacation on the coast of the Bay of Kotor. It is also possible to build a rental house on the land plot in the Durmitor National Park, which will be needed in summer by mountain tourism enthusiasts, and in winter by ski resort lovers.

The villa on the coast of the Bay of Kotor is in the final stage of construction. It is necessary to complete cosmetic repairs and construction works, install plumbing and household appliances, and furnish the house. The necessary materials, a complete set of plumbing, air conditioning, 2 pools, sauna, etc., are available.

The proposed tourist complex is a profitable investment for stable business with great development potential, which significantly increases its strategic costs.

The "lux" class tourist complex is sold at a favorable price. Detailed information will be provided immediately upon request.

Location

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FREQUENTLY ASKED

Questions about this property

What is the price per square metre?

At 1.200.000 € for 727 m², this listing works out to 1.651 € per square metre. Compare it with the city average in the market card on this page.

Which floor is it on, and is there a lift?

The property is on floor 1. No information about a lift was provided.

How do I arrange a viewing?

Call the number or send a message from the contact card on this page — you reach the advertiser directly, with no middleman and no booking fee. Viewings are usually arranged within a day or two.

What does buying cost for foreign nationals?

Foreign nationals buy apartments, houses and commercial units in Montenegro on the same terms as locals. On top of the price, budget for the real estate transfer tax (3% up to €150,000, 5% on the portion between €150,000 and €500,000, 6% on the portion above €500,000; new builds bought from a VAT-registered developer carry 21% VAT instead of the tax), the notary fee and the land registry charges. Agricultural land and forests must be bought through a locally registered company.

Is this listing still available?

The property has been sold; the listing stays visible for price history. Contact the advertiser to confirm the latest status.