A unique investment apartment on the seafront in the Old Town of Kotor

Description

For sale is a rare apartment in the historical part of Kotor, located on the 2nd floor of a building with private access directly to the fortress wall of the Old Town, which is part of the cultural heritage of Kotor.

The total usable area includes 34 m² of living space, an additional 6 m² and a further 2 m² of auxiliary spaces.

The layout includes:
• spacious bedroom;
• living room with kitchen;
• bathroom;
• internal storage room;
• external storage room;
• additional storage space.

One of the property's main advantages is its unique location. Situated on the seafront, the apartment is one of the few properties in the Old Town with a direct sea view.

The property is already successfully operating as a short-term rental. Confirmed annual gross revenue is approximately €23,000–€25,000. For the past four years, the apartment has been among the top three listings in Kotor Old Town on Airbnb, demonstrating high demand and stable tourist demand.

Main advantages:
• First line to the sea.
• Old town of Kotor, Gurdich district.
• Direct sea view.
• Private exit to the fortress wall.
• Operating rental business.
• Gross revenue of approximately €23,000–€25,000 per year.
• One of the top Old Town listings on Airbnb.
• Rare historical location.
• High investment potential.

An excellent option for buyers looking not just for real estate in Kotor, but for a turnkey rental business in a truly unique location with limited supply and high tourist demand.