Property in Kotor gains popularity among those looking for property for sale in Montenegro. Such interest to buy apartment or house in Kotor is generated by beautifull surrounding nature, clear waters of the bay and its rich historic heritage. Kotor is situated in the Kotor-Risan bay of Boka Kotorska, which is known as a southern-most fjord of Europe and where historical roots of this region lie. Due to this reason Kotor along with other towns of the bay - Perast and Risan are protected by UNSECO as world historical heritage sites.
Property in Kotor, Risan and Perast is usually situated on the waterfront. Old stone houses, villas and mansions of Montenegrin nobles are located door to door with new developments offering stunning views on the Kotor Bay and magnificent cruise liners passing by.
Town of Kotor is famous for its ancient town and fortified wall which served for protecting the town from invaiders. Real estate in Kotor old town is rather expensive and its price is rather stable through the economic cycle as the offer of apartments and houses for sale in Kotor is very limited, while most of properties in Kotor represent some historical value. For this reason apartments in Kotor are in a high demand and serve as stable and rather liquid assets.
Another interesting town on the coast of Kotor Bay is Dobrota - a suburb of Kotor. Real estate in Dobrota is situated mainly on the waterfront, next to many beaches, cafes, restaurants. Property in Risan is represented by modern residential developments, while Perast hosts a handful of historical buildings, mansions, villas and stone ruins on the coast of Kotor Bay.
