Investments and Luxury Properties in Kotor, Montenegro
Why Invest in Kotor Property and Real Estate
Kotor is located in southwestern Montenegro, in the Bay of Kotor (Boka Kotorska), known as a historic UNESCO World Heritage site, and is seen as having one of the most beautiful natural harbors in Europe or anywhere in the world.
Due to its fame and natural beauty, with The Bay of Kotor being called the "southernmost fjord in Europe, Kotor is as a result one of the most visited towns in Montenegro, with high levels of tourism fueling the property rental market, and wealthy individuals looking for luxury real estate for sale.
Why Buy Luxury Properties in Kotor, Montenegro
The distance from Kotor to Podgorica, which is Montenegro's capital, is about 90 or so km's, and just a couple of hours drive to world famous Dubrovnik, and its airport, which is located in nearby Croatia.
Kotor benefits from a large number of high-end tourists, with interest in investing into luxury rental real estate with the resulting potential income that taps into the tourism real estate market-place.
Supporting this interest, is Montenegro's low property taxes, plus there are currently no restrictions on foreign or overseas property ownership, and possible EU membership, which would support the real estate investment market further.
Those wealthy, or high-net-worth individuals, seeking luxury real estate for personal use, will look for sea-view properties which can include luxury homes and villas, waterfront apartments, and historic buildings that are often renovated to luxury standards.
Kotor benefits from having luxury developments and resorts on-hand, great beaches, as well as nature parks that together support investing or living in the Kotor area.
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