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Historic Stone Palace in Kotor's Old Town Perfect for Boutique Hotel Conversion
ID
1.199.000€
Location
Stari grad
City
Region
Type
House
Area
333m2
Description
Land area
357m2
Floors
3
Historic Stone Palace in Kotor's Old Town: Perfect for Boutique Hotel Conversion
Welcome to a rare opportunity to own a piece of history in the enchanting old town of Kotor, Montenegro. This spacious old stone house, boasting three levels and a total area of 334 square meters, is situated on a generous 357 square meter plot. With its prime location amidst the cobblestone streets and medieval charm of Kotor, this property represents a unique monument of culture. Unlike other properties, this house has even it's own garden.
Features:
- Preserved Original Details: Admire the intricate craftsmanship showcased in the original details adorning the ceilings, walls, and floors, offering a glimpse into the past.
- Potential for Hotel Conversion: With complete renovation, this historic gem has the potential to be transformed into a stunning boutique hotel, blending historical ambiance with modern comfort.
- Ideal Location: Nestled in the heart of Kotor's old town, surrounded by UNESCO World Heritage Sites, panoramic views of the Adriatic Sea, and vibrant cultural experiences.
Investment Opportunity:
- Tourism Hotspot: Kotor is a sought-after destination for travelers seeking rich cultural experiences and breathtaking landscapes, making this property an excellent investment opportunity.
- Income Potential: Once converted into a boutique hotel, capitalize on the growing tourism industry in Kotor and generate substantial income from hospitality services.