Stone villa with a pier. 1st row from the sea. For boutique hotel.
Kotor, Prcanj
1.950.000 €
Area
450 m²
Rooms
10
Bathrooms
10
Floor
4
PROPERTY DESCRIPTION
The old stone villa on the first line of the sea in Prčanj was built in 1820 and belonged to the esteemed Verona family. The property is an authentic building in the traditional Mediterranean style of the early 19th century. It has a private pier!
The villa has 3 floors (each with an area of 150 m2) plus an attic of 100 meters. The property is partially renovated with the concept of being used as a mini hotel with 10 rooms and an elevator. A restaurant with a kitchen and an open terrace is planned on the ground floor. There is a place for a barbecue and for sun loungers and umbrellas. Each room offers a beautiful view of Boka Kotorska.
This villa in Prčanj is an excellent investment opportunity for building a boutique hotel with a restaurant. The attic can be used as an auxiliary block and staff quarters. The tourist season in Boka Kotorska starts in April and lasts until the end of October. Prčanj is only 5 km from Kotor, which is among the top 10 most popular tourist destinations on the Adriatic.
Amenities
- Terrace
- Sea view
Location
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Questions about this property
What is the price per square metre?
At 1.950.000 € for 450 m², this listing works out to 4.333 € 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 4. 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.