Kotor, Montenegro

Offered for sale are a captivating cluster of land plots and historic ruins nestled just 700 meters from the azure waters of Kotor Bay. Boasting panoramic vistas of the sea and mountains, this property offers unparalleled access to driveway parking and essential utilities, all conveniently situated off the charming village road of Morinj.

Spanning 4,025 m², the land comprises three plots encircling the buildings (2,731 m²) and two adjacent plots (1,331 m²). Each plot presents breathtaking south-facing views that cascade down to the bay, its renowned islands, and the encompassing mountains and valley. Located at an elevation of approximately 400 feet, the property receives abundant sunshine from early morning to late afternoon. The main village asphalt road provides easy access to the property, promising a distinctive and attractive investment with significant income potential.

A restoration /development as described above provides a carefully designed main building featuring three spacious double bedrooms, each with its own bathroom, and a spacious open-plan living area of approximately 180 m². Flanking each side of the main house are two independent, self-contained one-bedroom units, measuring approximately 25 m² and 50 m². Additionally, two existing structures are proposed: a 25 m² office and a poolside summer BBQ/kitchen. This thoughtfully conceived plan, complemented by unusually generous land and beautiful views, positions this property as a standout and singular offering in the market.

This project comes complete with an appointed architect and preliminary conservator approval for full restoration and modern development. The plans include striking landscaping that enhances the buildings, featuring a swimming pool, sun decking, and terraced gardens crisscrossed by pathways. Two driveways can comfortably accommodate around five vehicles, and a traditional stone Gumno offers a scenic viewpoint over the bay. The extra land plot, ideal for an orchard, commands stunning vistas of the Bay.

Restoration &Development Concept:

• Topographical masterplan

• Internal building layouts

• External building visuals

• Landscape visuals

About Morinj:

Morinj is a gem located midway between the vibrant town centers of Kotor and Hercej Novi and is the largest settlement on the western coast of Kotor-Risan Bay. This idyllic coastal village is celebrated for its fine gravel beach and inspiring views of Kotor Bay. Renowned for its fresh water pristine springs and creeks surrounding historic water mills, mountain slopes, a rich cultural heritage, make Morinj a treasure trove of natural beauty and history. A mere 5 kilometers away lies Risan, the region’s ancient hub, now home to a new marina and a 5-star hotel.

The Catovica Mlini, one of the Bay’s most esteemed seafood restaurants set back from the shores of Morinj. This family-run establishment is famed for its extraordinary local seafood dishes and a selection of Mediterranean classics, offering a dining experience like no other.

Emerging developments, including a government-backed priority plan to enhance tourism and amenities with a new accommodation complex and marina, promise to elevate Morinj’s appeal. These initiatives, coupled with private investments, are set to drive steady growth in the property’s future value. Conveniently located just 30 minutes from Tivat and the prestigious Porto Montenegro marina, only 15 minutes from Porto Novi marina and just over 1 hour to Dubrovnik airport, Morinj is poised for prosperity.