Land for Sale in Kostanjica, Kotor – 12,433 m² by the Sea, Investment Opportunity for Luxury Development

For Sale: Exceptional Land in Kostanjica, Kotor Bay, MontenegroThis urbanized plot of land, spanning 12,433 m², is located in the heart of one of Montenegro’s most beautiful regions, Kotor Bay. Offering a unique opportunity for development, this prime property is situated in the first line to the sea, making it an ideal location for the construction of luxury properties such as a boutique hotel or private residences, complete with expansive parks and high-end amenities. The land stretches along 100 meters of road towards the sea and is terraced, providing excellent potential for a variety of development projects. With panoramic views of Kotor Bay, this location is perfect for creating luxurious developments that blend harmoniously with the natural surroundings. Currently, there is an old stone house on the property, and the permitted construction is up to 900 m² of gross floor area. The remainder of the land is UNESCO protected, ensuring the preservation of its natural beauty and historical significance. The property also features an old dock, historically used by the house, which can be reconstructed to accommodate smaller boats or yachts, further enhancing the value of the property. Kostanjica is renowned for its preserved nature and cultural heritage, while the location itself offers proximity to the sea, making it a peaceful and harmonious retreat. This land represents an ideal opportunity for investors wishing to create a luxury destination in one of Montenegro’s most serene and stunning regions. Whether you're looking to develop a hotel, luxury villas, or invest in a unique location, this land offers unlimited potential to bring your vision to life.