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Why buy property in Kotor?

Posted by RealCapital on April 15, 2023
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In addition to its natural beauty and cultural significance as a UNESCO World Heritage Site, the Bay of Kotor is also a hub of cultural events and carnivals. Throughout the year, visitors can enjoy a wide range of events, including festivals, concerts, performances, and carnivals. These events celebrate the rich history and diverse traditions of the region, and offer a unique opportunity to experience Montenegrin culture firsthand.

Many of these events take place in the city of Kotor itself, which is widely regarded as one of the most beautiful cities in Montenegro. Its stunning scenery, historic architecture, and vibrant atmosphere make it a popular destination for tourists from around the world. In fact, Kotor is consistently ranked among the top five attractions in Montenegro, and is a regular stop for Adriatic cruise ships.

Whether you’re interested in exploring the natural wonders of the Bay of Kotor, immersing yourself in the region’s rich cultural traditions, or simply relaxing in one of Europe’s most beautiful cities, there’s something for everyone in this stunning corner of Montenegro.

Bay of Kotor, Montenegro.
© Maksim Mazur / Bay of Kotor, Montenegro.

Kotor Port is a striking example of the fascinating juxtapositions that characterize the Bay of Kotor. Here, the emerald green waters of the Adriatic Sea meet the majestic Lovćen Mountains, and the charming medieval town with its distinctive red ceramic roofs is set against a backdrop of luxury sailing yachts and modern cruise liners.

The bay itself is an impressive sight to behold, stretching nearly 30 kilometers and comprising four distinct basins that are connected by impressive straits flanked by towering mountain slopes. Two peninsulas also jut out into the bay: the Croatian-owned Prevlaka and the Montenegrin Luśtica. In the middle of the bay lies the fortified island of Mamula, which served as another important defensive fortification in the region.

Kotor, Montenegro
© Ready-made / Kotor, Montenegro

Apart from the remnants of Roman structures, a significant number of monasteries have also been discovered in the region. Among these are the Monasteries of Sveti Đorđe located on St. George Island near Perast, the Orthodox Monastery of Savina, and the Monastery of the Archangel Michael on the Island of Flowers near Tivat. These holy sites continue to attract visitors as places of pilgrimage up to the present day.

Perast

Perast’s rich history is marked by its various rulers, but it was the Venetians who left the most lasting architectural legacy. From 1420 to 1797, the Venetian Republic governed the region, transforming Perast into a thriving hub of trade and commerce. Despite having a population of only around 1000, the city boasted four bustling shipyards and a fleet of hundreds of ships, which helped to fuel its growing prosperity.

This newfound wealth attracted a wealthy and influential class of aristocrats, captains, and shipowners, who helped to shape the city’s distinctive character. Today, Perast is renowned as one of the most enchanting and romantic cities in the Kotor Bay region, a testament to its storied past and enduring beauty.

Perast, Montenegro.
© Nadtochiy / Perast, Montenegro.

Perast, built during the Venetian rule, has 16 of the 20 original palaces, 19 churches, 16 palaces, and 9 defensive towers. The Church of St. Nicholas and Bujović Palace are important landmarks, with the latter being home to the City Museum. Other notable palaces include Bronza-Palast, Smekja Mansion, and the restored Palast Brajković-Martinović, now a hotel and restaurant. The two church islands, Gospa od Škrpjela and Sveti Đorđe, are popular attractions and postcard motifs, with the latter closed to visitors due to an active Benedictine monastery.

Prčanj

Prčanj is a peaceful alternative to busy Kotor. It offers views of the nearby Lovćen and Orjen mountains. The town has Italian architecture from the Venetian period, with many white-stone villas adorned with flowers and palm trees. Prčanj was once part of the Napoleonic Kingdom of Italy. The Church of the Nativity of the Blessed Virgin Mary is the oldest surviving cultural monument. The town has a lovely promenade, restaurants by the water, and old stone houses, churches and palaces to explore.

Prčanj, Montenegro.
© Katsiuba Volha / Prčanj, Montenegro.

Dobrota

The town is known for its beautiful stone houses, narrow streets, and stunning sea views. Many of the houses in Dobrota date back to the Venetian era, and the town’s architecture reflects this with its elegant facades and Italian-style balconies. There are also several churches and chapels worth visiting, such as the Church of St. Eustace, which dates back to the 18th century.

Dobrota is also known for its waterfront promenade, which stretches for several kilometers along the Bay of Kotor. The promenade is a popular spot for locals and visitors alike to take a leisurely stroll, jog or bike ride, and enjoy the scenic views of the bay.

In addition, Dobrota is famous for its maritime traditions, and the town is home to several annual events and festivals that celebrate its seafaring heritage. The Dobrotski Dani (Days of Dobrota) festival is held every August and features a range of cultural and artistic events, including traditional music performances, exhibitions, and culinary displays.

Overall, Dobrota is a beautiful and tranquil town that offers visitors a chance to experience the natural beauty and cultural heritage of Montenegro’s Bay of Kotor in a more peaceful and relaxed setting.

Buying property in Kotor

There are several advantages of buying property in Kotor, including the areas of Dobrota, Prčanj, and Perast. Here are some of them:

  1. Scenic Location: Kotor Bay is considered one of the most beautiful bays in the world, with its stunning natural beauty and historical architecture. The area is surrounded by mountains and the sea, offering breathtaking views.
  2. Investment Potential: With the increasing popularity of Montenegro as a tourist destination, the demand for real estate in Kotor is on the rise. This means that purchasing property in the area has good investment potential, as property prices are likely to appreciate in the future.
  3. Accessible Location: Kotor is easily accessible, as it is only a short drive from Tivat International Airport, which has direct flights to major European cities. It is also well-connected to neighboring countries, making it a convenient base for exploring the Balkans.
  4. Rich Culture and History: Kotor is a UNESCO World Heritage site, with a rich history dating back to the Roman Empire. The area is home to numerous historical landmarks, including churches, palaces, and fortresses, providing a unique cultural experience.
  5. Quality of Life: Kotor offers a high quality of life, with a mild Mediterranean climate, fresh sea air, and a relaxed pace of life. The area is known for its delicious cuisine, with a range of seafood, fresh fruits and vegetables, and local wines.
  6. Coastal Lifestyle: The coastal lifestyle in Kotor is laid-back and relaxed, with plenty of opportunities for outdoor activities such as swimming, boating, and hiking. The area also has numerous beaches, parks, and green spaces for residents to enjoy.
  7. Property Options: Kotor offers a range of property options, from historic villas and apartments to modern waterfront condos. The areas of Dobrota, Prčanj, and Perast are particularly popular among property buyers, with their picturesque settings, charming architecture, and access to amenities and services.

In order to start buying real estate in Kotor, you need to go to the search and select the city of Kotor. After that, you can get a list of available listings.

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