Apartment building in Kotor Old Town

€ 1.050.000

PROPERTY DESCRIPTION

Apartment building in Kotor Old Town, located in the heart of the Old Town of Kotor. Next to the Old Kotor Prison building and famous restaurant also. Kotor is officially one of the 25 most beautiful bays in the world.  It is a charming little city with many hidden gems to be discovered such as medieval churches, cathedrals, Venetian palaces, and pillars. The abundance of cultural and artistic monuments has set Kotor on the UNESCO’s list of protected cultural heritage. The area of the property is  267m2 and it consists of 4 floors. Within 4 floors there are five apartments that are fully equipped. During the summer months, they are fully booked.  Considering all the facts this property is a great investment opportunity also. On the ground floor, there is also a commercial space of 70 sq.m. Kotor is one of the most popular destinations for cruise ships from all over the world. Just behind Venice and Dubrovnik. According to these data, these commercial spaces in Kotor Old town are on high demand for a successful business. Kotor port sometimes hosts three docked cruise ships simultaneously, and each staying for roughly 12 hours. Plenty of time for shopping. Other to consider  

AMENITIES

A/C
Furnished
Internet
Rooftop terrace

LOCATION

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