Unique opportunity – apartment with a total area of 34 + 6 + 2 m², located in the authentic setting of Kotor Old Town, on the second floor of a historic building with private access to the city walls, part of Kotor’s cultural heritage.

Layout:

• Spacious bedroom
• Living room with kitchen
• Bathroom
• Internal and external storage + additional storage space

The apartment is currently used for short-term rentals, generating an annual gross income of €23,000–25,000.

A strong investment opportunity in one of the most unique locations in Kotor, offering sea views, stable rental income, and long-term value.

The apartment is among the very few in the Old Town with direct sea views and has ranked in the Top 3 Airbnb apartments in Kotor Old Town for four consecutive years.

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One of the most unique properties currently available on the market. Located just 20 meters from the sea, this townhouse is part of a historic building that is over 350 years old. Both the property and the town of Perast are protected by UNESCO.

The property offers excellent potential for seasonal rental income. There is also an option to divide the townhouse into two separate apartments, as they are already registered separately in the property documentation. In addition to the internal spiral staircase, the upper floor can also be accessed via the main staircase.

The first floor features beautiful sea views and a spacious, private, and charming terrace.

House area: 75 m² + spacious terrace of 30 m² and cellar of 20 m².

Land plot: 118 m².

Layout:

•  kitchen with dining area
•  bedrooms on the first floor
•  spacious guest room (or third bedroom)
•  2 bathrooms

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This modern and spacious three-bedroom apartment located in the beautiful Lavender Bay complex in Morinj.

The apartment features an impressively large 97 sqm terrace with its own charming garden and spectacular mountain views — an ideal space for outdoor dining, sunbathing, or simply enjoying the peaceful surroundings.

The complex is in a quiet area and features a SPA center and an infinity pool. Walking distance to the beach, restaurants, and a supermarket, offering excellent views of the Bay of Kotor.

The complex is very popular with tourists and allows owners to earn a good additional income from rentals.

Tivat Airport is 30 minutes away, and Dubrovnik Airport is just an hour’s drive.

Size: 97 sqm + 97 sqm terrace

Layout:

• Kitchen with dining area
• Living room
• Terrace
• Master bedroom with bathroom
• Two more bedrooms
• Bathroom
• Guest toilet

Amenities:

• Air conditioning
• Fully equipped kitchen
• Washing machine
• Underfloor heating
• Parquet flooring in the bedroom
• Infinity pool and SPA
• Children’s playground on site

The apartment price includes a private parking space.

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An exceptional urbanized plot for sale in Donji Grbalj, located in the serene and picturesque valley of Glavati (locally referred to as Church Valley). Surrounded by a lush pine forest and untouched nature, this unique property on the Montenegro coast is perfect for premium buyers seeking ultimate privacy, tranquility, and an authentic Mediterranean atmosphere while remaining close to the most attractive coastal hubs.

The property is strategically positioned just a 10-minute drive from the famous sandy Trsteno Beach and approximately 25 minutes from Budva, the center of Montenegrin tourism. This makes it an outstanding investment opportunity for the development of luxury rental villas, a private holiday home, or a boutique eco-tourism resort.

Development Potential and Planning Parameters

The plot features a highly desirable regular rectangular shape, which greatly simplifies the architectural planning and construction processes. A standout feature of this 2061 sqm land is the presence of several traditional stone ruins with a total net area of 167 sqm. These historic structures add an irreplaceable Mediterranean character to the site and offer immense potential for authentic renovation or integration into a modern design.

For developers and investors, the urbanistic parameters offer excellent construction options:

• Total Gross Building Area (GBA): 740 sqm
• Infrastructure: Secured road access, with electricity connection located nearby.

The Investment Appeal of Donji Grbalj

The region of Donji Grbalj, and Glavati specifically, is rapidly developing into a hotspot for high-end villa communities. International buyers looking for an urbanized plot for sale in Montenegro value this location because it offers complete seclusion without being isolated. It provides quick access to prime beaches like Jaz and Ploče, as well as the international airport in Tivat and the luxury marina of Porto Montenegro.

Whether your goal is to build a high-yielding tourism project or a private sanctuary featuring historic stone elements, this premium plot in Donji Grbalj represents a secure asset with high capital appreciation potential on the Montenegrin real estate market.

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Completed luxury residential building with a swimming pool, located in one of the most desirable areas of the Bay of Kotor, just 2 km from the Old Town.

Only two penthouse apartments remain available, each approximately 200 sqm, featuring open sea views.

Main Features

• underfloor heating
• premium sound insulation
• smart home system
• parking
• digital door lock
• Wi-Fi boilers
• elevator
• swimming pool

The swimming pool and shared amenities are now fully completed and ready for use, making this property ideal both for living and investment.

The building is constructed to the highest standards and equipped with modern technology designed for maximum comfort and privacy.

A rare opportunity to own a penthouse in a fully completed development in this exceptional location.

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This unique investment opportunity includes a package of five attractive urban plots on the Montenegrin coast, all with strong potential for both tourist and residential development as well as profitable resale (the land price in the package has been reduced on average by 45%).

​I LUSTICA / HERCEG NOVI

1. Olive Mill, Zabrdje

Located in the authentic setting of a traditional village, below the main road, with a view of the Portonovi resort.

• ​Building footprint (ruin): 236 sqm
• Plot size: 2,010 sqm

Permitted construction:

• 4 buildings (Ground floor + 1) + ancillary structures
• Total GBA: 1,160 sqm (1,000 sqm + 160 sqm)

2. Lustica View, Zabrdje

• Regular-shaped plot, above the road, with a beautiful view of the bay.
• Plot size: 1,680 sqm
• Existing structure (ruin): 36 sqm

Construction potential:

• 2 buildings (Ground floor + 1)
• Total GBA: 810 sqm (500 sqm + 310 sqm ancillary structures)

II KOTOR / DONJI GRBALJ

3. Church Valley, Glavati

Tucked away in a lovely valley surrounded by pine forest, only:

• ​10 minutes from Trsteno beach
• 25 minutes from Budva
• Ideal for a peaceful retreat or a tourist project.
• Existing structures area: 167 sqm

Construction potential:

• 2 new buildings of 250 sqm each
• Total GBA: 500 sqm

III BUDVA RIVIERA

4. Budva Bay View, Tudorovici

One of the most attractive locations on the Riviera, with spectacular sea views.​

• Distance: 2 km from the main road
• Plot size: 782 sqm

Construction potential:

• 2 buildings
• Total: 450 sqm GBA

5. Stone House, Krusevice (above Petrovac)

Location surrounded by new villas, with panoramic views from Buljarica to Petrovac.

• ​Ruin size: 48 sqm
• Plot size: 709 sqm
• Excellent opportunity for renovation of a two-story house
• GBA: 96 sqm

Total land area of all plots: 7,242 sqm

Total gross building area: 3,016 sqm

Price: 550,000 EUR

​

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An exceptional fully urbanized development land is offered for sale in Risan, Municipality of Kotor, located within the UNESCO-listed Natural and Cultural-Historical Area of Kotor Bay. The plot is positioned in a quiet, elevated zone, offering open panoramic views of Risan Bay, making it ideal for a luxury residential or boutique development project.

Key Information

• Total land area: 12,941 sqm
• Zoning: Residential – low density (SMG)
• Urban status: Fully urbanized
• Construction index: max 1.0
• Site coverage: max 0.35
• Permitted floors: Ground floor + 1 + attic
• Gross buildable area: approx. 6,587 sqm (Phase I)

The land is planned for development in three phases, allowing a flexible and phased investment approach. For Phase I, the Main Design Project has already been completed, and urban-technical and conservation approvals have been obtained, significantly reducing the time required to start construction.

Location Advantages

• Elevated position with permanent sea views
• Peaceful, natural surroundings, away from mass tourism
• Only 900 m from the sea (approx. 3 minutes by car)
• Close to Kotor Old Town (16 km), Tivat Airport (28 km), and Dubrovnik Airport (45 km)
• Limited future construction due to UNESCO protection → strong long-term value appreciation

Investment Potential

• Ideal for luxury residential or boutique housing development
• Strong demand from international buyers (EU, UK, UAE, USA)
• Risan emerging as a new premium micro-location in Kotor Bay
• Phased development enables optimized cash flow and risk management
• An excellent opportunity for investors and developers seeking a secure location, clear planning framework, and long-term value growth in one of the most desirable areas of the Montenegrin coast.

Purchase Structure & Pricing Options

• The land may be acquired as a whole or by individual development parcels, providing flexibility for different investment strategies.

Available options:

• Parcel 1 – 3,000,000 Eur
• Parcel 2 – 1,250,000 Eur
• Parcel 3 – 1,250,000 Eur

Total 5,500.000 Eur

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This modern residential project, comprising a total of 72 apartments across 5 buildings, is located in Radanovici.

The project is being developed on a plot of approximately 2,000 sqm and offers a comfortable lifestyle along with excellent investment potential.

Main Features

• Planned amenities include a reception area, swimming pool, fitness center, underground garage, and a children’s playground.
• The location is strategically positioned in Radanovici, at the center of the Kotor – Tivat – Budva triangle, making it ideal for both residential living and rental purposes.

Distances

• Tivat Airport: 7 minutes
• Kotor: approx. 10 minutes
• Tivat Marina: 12 minutes
• Budva: 15 minutes
• Beach: 8 minutes
• Primary school: within walking distance

Delivery Status & Specifications

• Apartments are delivered fully finished.
• Included in the delivery
• Built-in cooktop, oven, and extractor hood
• Air-conditioning units in every room
• Kitchen and bathroom fittings
• Choice of wood-effect ceramic tiles or parquet flooring

Direct elevator access from the buildings to the garage is provided.

Apartment Types & Price Range

• Studio: 29.5 – 50.5 sqm | 82,600 Eur – 120,000 Eur
• 1-bedroom (1+1): 48.5 – 76 sqm | 134,000 Eur – 198,000 Eur
• 2-bedroom (2+1): approx. 66 sqm | 189,000 Eur – 192,000 Eur

Payment Terms

Cash payment: 5% discount on the listed price

Installment plans:

• 20% down payment + balance in 18 interest-free installments
• 30% down payment + balance in 24 interest-free installments

Completion date: January 2027

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Set just a short walk from the coastline, these three traditional stone houses are located in the charming area of Dražin Vrt, only 200 meters from the popular Bajova Kula beach. The properties sit on a spacious 1,938 m² cascading plot with open sea views over the Bay of Kotor.

The main house offers 62 m² of living space arranged over three levels. The neighboring house spans 56 m² across two levels, while the third house is a single-level structure of 30 m². Together, they form an authentic Mediterranean ensemble ideal for renovation or investment.
The lush green land features a terraced layout, Mediterranean fruit trees, two water wells, and direct access from the main road just a few meters away. The houses are connected to city electricity and water supply.

The historic Old Town of Kotor is approximately 15 km away, while the picturesque town of Perast can be reached in under 10 minutes on foot.

The Bay of Kotor is widely regarded as one of the most beautiful bays in the world. Surrounded by dramatic mountains reflected in the deep blue Adriatic Sea, the bay is dotted with seven islands and a string of coastal villages rich in history and culture. Nearby Risan, the oldest settlement in the bay, is home to remarkable Roman mosaics from the 3rd century, while Kotor and Perast are exceptionally preserved medieval towns recognized as UNESCO World Heritage Sites.

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Spacious and bright one-bedroom apartment with a total area of 63 sqm plus a 14 sqm terrace offering stunning mountain and bay views.

Located on the 3^rd (top) floor of a small residential building in the charming village of Orahovac — one of the most beautiful spots in the Bay of Kotor.

Structure: spacious living room combined with a kitchen and access to a large panoramic terrace, cozy bedroom, modern bathroom, entrance hallway.

Main Features

• The apartment is part of a small residential complex with a swimming pool — perfect for cooling off on hot summer days.
• The apartment is fully furnished with stylish, contemporary furniture and is move-in ready or ideal for rental.
• Panoramic views of the bay and mountains.
• Quiet and green surroundings, perfect for living or vacationing.
• Unique combination of nature, history, and comfort.
• The low-rise building ensures privacy and a peaceful atmosphere.

Location

The sea and beach are about 600 meters away via a scenic path. Orahovac’s charming seafront offers a beautiful promenade along the water, several picturesque beaches, and a selection of cozy restaurants and cafés where you can enjoy local cuisine and a relaxed coastal atmosphere.

Unique Setting and Natural Surroundings

Just behind the house begins the historic Austro-Hungarian forest road, protected by UNESCO as a cultural heritage site — an ideal route for shaded walks with mesmerizing views over the bay. The area is known for its pristine nature, scenic landscapes, and proximity to the sea.

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