Mercury Group
STONE HOUSE WITH RESTAURANT ON THE FIRST LINE, BOKA-KOTOR BAY, REF 165
- Montenegro, Boko-Kotor Bay, Muo
- Montenegro, Boko-Kotor Bay, Muo
Property description
An old stone house for sale within walking distance (15 minutes) of the historical center of Kotor. The house is located directly on the first line of the picturesque Bay of Kotor, its main facade is oriented towards the sea. In front of the house, there is a parking space for 2 cars, which, if desired, can be expanded with an adjoining courtyard. The house also has a patio with a covered veranda and a kitchen at the restaurant located on the ground floor of the house. Two orange trees grow in the courtyard itself.
The house is three-story with an attic. The total area of the house is about 300 sq. m, plot area of 291 sq. m. On the ground floor there used to be a restaurant, the kitchen is equipped with everything necessary to serve the customers of a full-fledged restaurant.
You can climb to the upper floors by an external stone staircase. On each floor, there is one apartment with an area of 55 - 60 square meters with two bedrooms, two bathrooms, and a kitchen-living room overlooking the bay. The ceiling height in the apartments is 2.6 meters.
The attic is presented as one large room with a separate bathroom with an entrance from the landing and a dormer window overlooking the bay.
If desired, each of the apartments can be turned into two hotel rooms by dividing them in half.
The restaurant on the ground floor can accommodate a reception while maintaining enough space to function as a restaurant or cafe at a mini hotel. The most promising use of the house in this case would be a boutique hotel.
The location of the house has a favorable geographical position because it is located near 3 airports (Dubrovnik, Podgorica, and Tivat). In the city itself, absolutely all the infrastructure necessary for long-term living has been formed: shops, pharmacies, high-status restaurants, and numerous inexpensive cafes operate. And right at the walls of the city, there is one of the most famous food markets on the seaside, which has a huge assortment of meat, fish, vegetables and fruits, dairy products produced directly in Montenegro.
The Kotor region is included in the list of UNESCO World Heritage Sites and includes the inner bay of Kotor (past the Verige Strait) with the surrounding mountains, as well as the cities of Risan and Perast. Also part of the World Heritage are the islands of St. George and Our Lady of the Rocks. In July 2000, the Bay of Kotor (the only one on the Mediterranean coast) was included in the list of the twenty-five most beautiful bays in the world.
Location:
Basic parameters:
View characteristics:
Distances:
Object characteristics:
- Montenegro, Boko-Kotor Bay, Muo
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.
FIND PROPERTY
Currency calculator
Similar real estates
What you should know, purchasing a property in Montenegro
