Kotor, Montenegro

Wake up to the sound of gentle waves, step onto your balcony, and take in panoramic views of the Bay of Kotor. Life here unfolds at an unhurried Mediterranean pace – morning walks along the promenade, a swim in crystal waters just steps from your door, and evenings watching the sunset behind the mountains from your own historic residence.

This is not just a home – it is part of the Milosevic Palace, the largest and most prominent palace in Dobrota, built in the 19th century by brothers Bo an and Vido Milosevic, renowned sea captains and shipowners. Known locally as Veliki Palac, it was once the symbol of maritime prestige, with the Milosevic family owning nine vessels in the 19th century and ranking among the wealthiest in the region.

The palace is unique – divided into two sections with its own courtyard, twin entrance portals, and dual balconies. It is the only palace in Dobrota with two distinct facades: one facing the sea, the other the mountains. A rare architectural feature, the corner tower with a cannon embrasure (puškarnica) recalls the family’s naval heritage and stands as a reminder of a proud seafaring past.

Occupying 129 m² on the palace’s second floor, this fully renovated two-bedroom, two-bathroom apartment blends late Baroque character with modern elegance. The open-plan living space flows onto two balconies framing postcard-perfect bay views.

With a shared courtyard, parking, and Kotor Old Town just 2 km away, it offers both convenience and prestige. Its rich heritage, prime seafront position, and rarity ensure outstanding rental yield – making it as compelling an investment as it is a lifestyle choice.

Exclusively available through us – with 0% commission for the buyer.