345.000,00 €
4025 m²
For sale: a captivating collection of land plots and historic ruins, located just 700 meters from the azure waters of the Bay of Kotor.
Offering panoramic views of the sea and mountains, the property provides excellent access via a driveway, as well as essential utilities, all conveniently situated along the charming rural road in Morinj.
The property covers a total area of 4,025 m² and consists of three plots surrounding the buildings (2,731 m²) and two adjoining plots (1,331 m²).
Each plot offers breathtaking south-facing views overlooking the bay, its famous islands, and the surrounding mountains and valley. Situated at an elevation of approximately 400 feet, the property enjoys abundant sunshine from early morning until late afternoon.
The main paved country road provides easy access to the property, offering a unique and attractive investment opportunity with significant income potential.
The proposed renovation and development includes a carefully designed main residence featuring three spacious double bedrooms, each with its own bathroom, and a generous open-plan living area of approximately 180 m².
On either side of the main house are two independent, self-contained one-bedroom apartments of approximately 25 m² and 50 m².
Additionally, the concept includes two existing structures: a 25 m² office and a summer barbecue/kitchen area by the pool.
This thoughtfully designed plan, combined with the exceptionally generous land area and stunning views, makes this property a truly unique offering on the market.
The project is complete with a designated architect and preliminary approval from the conservation authority for full renovation and modern development.
The plans include striking landscaping designed to complement the buildings, with a swimming pool, sun terrace, and terraced gardens connected by pathways.
Two driveways can comfortably accommodate approximately five vehicles, while a traditional stone Gumno provides a picturesque viewpoint overlooking the bay.
An additional plot, ideal for an orchard, offers stunning views of the bay.
Morinj is a hidden gem located halfway between the vibrant cities of Kotor and Herceg Novi and is the largest settlement on the western shore of the Kotor–Risan Bay.
This idyllic coastal village is known for its beautiful pebble beach and inspiring views of the Bay of Kotor. Famous for its pristine freshwater springs and streams surrounding historic watermills, mountain slopes, and rich cultural heritage, Morinj is a treasure trove of natural beauty and history.
Just 5 km away is Risan, an ancient regional center that is now home to a new marina and a five-star hotel.
Ćatovića Mlini, one of the bay’s most highly regarded seafood restaurants, is located just outside Morinj. This family-run restaurant is renowned for its exceptional local seafood dishes and selection of classic Mediterranean cuisine, offering a unique dining experience.
New developments, including a government-supported priority plan aimed at expanding tourism and amenities through a new accommodation complex and marina, promise to further enhance Morinj’s appeal.
These initiatives, combined with private investment, are expected to contribute to steady future growth in property values.
Conveniently located just 30 minutes from Tivat and the prestigious Porto Montenegro marina, 15 minutes from Porto Novi marina, and just over 1 hour from Dubrovnik Airport, Morinj is well positioned for future growth and prosperity.
