Mercury Group
UNIQUE 2-BEDROOM APARTMENT IN THE HEART OF THE OLD TOWN KOTOR. REF.151
- Montenegro, Katorska
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Property description
- Montenegro, Katorska
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-Area: 78 sqm, 3rd floor
-Spacious and bright living room, 2 bedrooms, 1 bathroom
-The apartment has a complete renovation: high-quality windows, and excellent sound insulation.
You can enjoy a fantastic view of the square and the Bay of Kotor from the apartment. This is one of the best offers in the Old Town, with the main city square, St. Tryphon Square, the Maritime Museum, and the most popular restaurants and cafes nearby. Despite the popularity of the Old Town among tourists, it is quiet and peaceful here. The building has been renovated, and the stone walls provide comfortable temperatures throughout the apartment - cool in summer and warm in winter. The apartment is dry and bright. Parking is available for apartment owners.
The Old Town of Kotor is one of Montenegro's most unique and historically significant places. It is a UNESCO World Heritage site and every building, street, and stone carries a unique history of the city.
This apartment would be an excellent choice for both permanent residence and rental purposes. During the season, all apartments in the Old Town are overbooked. You can expect a rental yield of 7% - 8% per year.
Don't miss the opportunity to become the owner of this unique property!
Price: 330,000 EUR
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- Montenegro, Katorska
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What you should know, purchasing a property in Montenegro
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.
