
Find apartments, houses, villas and land for sale in Kotor, Montenegro
Average asking price €3,300/m², gross rental yield 4.7% — data as of Q2 2026.
View available listingsBased on active Top Estate listings; indicative averages, not a guaranteed return.
| Area | Price / m² |
|---|---|
| Stari Grad | €4,800/m² |
| Dobrota | €3,400/m² |
| Muo | €3,200/m² |
| Prčanj | €2,900/m² |
Indicative average asking prices — actual figures vary by condition, view and floor.
UNESCO World Heritage site — unique historic value. Stunning bay location surrounded by mountains. Mix of authentic stone houses and modern apartments. Strong year-round tourism, not just summer.
High tourism demand ensures strong rental income year-round
Steady property value growth — 5-10% annually in premium areas
Property purchase qualifies for Montenegro residency permit
Low property tax rates compared to EU countries
Mediterranean climate, clean sea, and safe environment
Montenegro is an EU candidate — property values expected to rise
Kotor is a UNESCO World Heritage Site nestled at the head of Boka Bay, surrounded by dramatic mountain walls rising 1,500m above the water. The medieval Old Town is one of the best-preserved in the Mediterranean, with narrow streets, Venetian palaces, and ancient churches. Over 500,000 cruise ship passengers visit annually, and the city has become a hotspot for cultural tourism year-round.
Read the full Kotor area guideStari Grad (Old Town) — UNESCO core, extremely limited supply. Dobrota — waterfront promenade north of center, popular with expats. Muo — charming fishing village south of Old Town. Prčanj — historic Captain's Town across the bay. Risan — quieter bay town with Roman mosaics, best value.
Cruise ship terminal, marina, hospitals, schools, vibrant restaurant scene. Winding coastal road connects to Tivat (20 min) and Herceg Novi (45 min). Mountain hiking trails directly from town.
Old Town properties are the ultimate buy-and-hold investment — limited supply guarantees appreciation. Dobrota offers better value with similar bay views.
Find apartments, houses, villas and land for sale in Kotor, Montenegro
View available listings