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Prcanj, Montenegro

€450,000
ntRealty, Tivat
PROPERTY TYPE
Stone House
BEDROOMS
x7
BATHROOMS
x5
SIZE
2,992 sq. ft.
(278 sq. m.)

Key features

  • Frontline Property
  • Renovation project ideal for Mini Hotel/ Private Residence
  • Excellent Investment
  • Shops, bars and restaurants within walking distance
  • Close to Historic Sites

Property description

If you are in the market for real estate as an investment in Montenegro then this Palazzo in Prcanj may be ideal for you. In a prime location, by the sea and ready for renovation, this Palace was built in the 18th Century by the Florio Family then later handed down to Count Lukovic.

With a net area of 278m2 plus a private chapel at the back of the property of 11m2 net, this bold building sits on a plot of 827m2 leaving you with a garden area of around 680m2. It appears to have had 7 bedrooms and 5 bathrooms but of course, could be remodeled to suit the new owner's needs. Perhaps a private residence next to the sea or a Mini Hotel/B&B with a bar and restaurant by the water in what is becoming a booming tourism industry in Montenegro, especially in the Boka Kotorska area.

Prcanj is a small village consisting of a long line of stone villas separated by gardens and orchards, 5 km west of Kotor opposite Dobrota and between Muo and Stoliv. First mentioned in the 13th century, legend has it that this place was founded by Boka warriors and skilled sailors, who compared the then Perzano, and today's Prcanj, with Venice and Constantinople. History records that it was from this point that Ivo Vizin, the naval captain who sailed the world, set out on a voyage with his ship Splendido.

The house is 4km away from the Kotor Old Town, 10km away from the Tivat Airport, and 13km away from The Tivat Center

ntRealty is a Real Estate Agency based in Tivat, Montenegro headed by a British businessman, Peter Flynn, who has lived in the area since 2005 and focused his efforts on various aspects of real estate, including development, architecture, interior design, and investing in real estate in the area. The Tivat office is run by a team of professionals who really understand the local market. The team is there to help guide you through the buying (or selling) process and we pride ourselves in giving a high level of service in a polite, friendly, and efficient way.

ntRealty specializes in properties for sale all around the Bay of Kotor, Tivat Bay, and Lustica and our clients range from Porto Montenegro and Lustica Bay to hundreds of private individuals who put their trust in our operation.

Prcanj, Montenegro

NEAREST AIRPORTS

Distances are straight line measurements
  • Tivat(International)
    3.1 miles
  • Podgorica(International)
    27.9 miles

About the agent

ntRealty, Tivat

Tivat

ntRealty, Tivat

We are a Real Estate Agency based in Kotor, Montenegro. Run by a team of professionals, who really understand the Montenegrin property market. We have properties for sale all around the Bay of Kotor, Tivat Bay and Lustica. We have apartments, houses, villas ruins and land for sale.

If you are looking to buy, we already have a number of properties for sale with us which aren't listed. Please let us know your requirements and we will add you to our data base so that we can help you find w

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Notes

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This is a property advertisement provided and maintained by ntRealty, Tivat (reference 0732) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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