For Sale: Rare Waterfront Stone House Investment Opportunity with Private Courtyard in Kostanjica, Kotor

For Sale: Rare Waterfront Stone House Investment Opportunity with Private Courtyard in Kostanjica, Kotor 📍 Location: Kostanjica, Kotor An exceptional waterfront investment opportunity situated right on the first line to the sea in the serene UNESCO-protected Bay of Kotor. This authentic stone property combines traditional Mediterranean architecture with unlimited development potential, all offered at an extraordinary bargain price point. Located in the picturesque village of Kostanjica, the property enjoys direct access to the sea and is adjacent to a boutique hotel with its own private beach and ponta, as well as several top-tier waterfront restaurants. The house is positioned on a generous 165 m² private plot extending behind the main building, offering a tranquil, green oasis shielded from coastal traffic noise. The property presents a blank canvas for complete interior customization. Interior non-bearing walls across all floors can be opened up to create an open-concept luxury residence tailored to modern living standards. Additionally, the courtyard provides sufficient space for outdoor living features such as a patio with a pergola, BBQ area, lush Mediterranean garden, jacuzzi, or a private plunge pool. 📐 Total registered living area: 91 m² (across main stone house and auxiliary structures) Plot Size: 165 m² 🛏 Layout & Structure: • Main Waterfront House (75 m² across 3 levels / 25 m² per floor): – Ground Floor: Kitchen and living area – First Floor: 2 bedrooms – Top Floor (External Access): 2 bedrooms • Auxiliary Buildings (16 m²): 2 separate structures in the rear courtyard suitable for conversion into guest suites, summer kitchen, or storage 🌿 Property & Location Features: • First-line waterfront setting with unobstructed views across the Bay of Kotor • High conversion potential: open-plan potential for main living quarters + courtyard development (pool/jacuzzi/BBQ area) • Situated within a 20-minute drive of Kotor Old Town, Tivat (Porto Montenegro), and Herceg Novi • Steps away from premium restaurants, beach facilities, and private ponta • Only 20 minutes from Tivat International Airport and key nautical centers. This property represents one of the best value-for-money waterfront projects currently available on the Montenegrin coast, combining entry-level pricing with prime positioning in the Bay of Kotor. 💬 Contact us for more information or to arrange a viewing.