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Real Estate in Kotor
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November 2024 49,500 - 555,000 €
Looking for real estate to invest in?
Consider marketable, resale and appreciating real estate by the sea in sunny Alanya, Turkey!
Earn 15-40% on resale or up to 12% APR on rentals.
Alanya is Hayat Estate’s №1 choice for successful investments.
Download the catalog of Top 15 buildings in Alanya
with prices for October - November 2024 (apartments from 49,500 - 555,000 €) and get access to current offers with prices from developers (no commission).
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November 2024 49,500 - 555,000 €
Kotor is a beautiful city with pronounced Mediterranean architecture, charming landscapes, and history on every corner. Stari Grad, the center of Kotor, is the most striking attraction, which is included on the UNESCO World Heritage List. The Bay of Kotor is also the deepest natural fjord-like bay on the Adriatic Sea. And because of this, its landscapes are so spectacular and unusual that I can't believe. No wonder it is so popular with foreign buyers.
Over the past 15 years, prices have doubled and then tripled, reaching between 3,000 and 4,000 euros / m2. However, the credit crisis changed the situation significantly. Along the coast, home prices fell by an average of 30%, with property prices in the Old City being the hardest hit, mainly because of a change in the type of buyers. In the past few years, there have been fewer buyers from Europe, but more and more from Ukraine and Russia. Currently, real estate in Stari Grad is being sold at a price of about 2,000 euros per m2.
