Properties for Sale in Knezlaz, Kotor, Montenegro

Real estate in Knezlaz

The Kotor region in Montenegro is gaining attention from international property buyers and investors. If you are seeking your ideal home or wish to invest in an apartment situated in an idyllic location nestled between the mountains and the sea, Knezlaz is a destination worth considering. This charming hamlet in the bay of Kotor, adorned with traditional stone houses and surrounded by lush greenery, has earned the title "Stone Village" for its distinctive architecture and breathtaking landscape. Before reaching out to a local real estate professional, familiarize yourself with the property market in Knezlaz, see what properties are available, and understand the value of owning a holiday home in such a uniquely captivating location. Survey the landscape of stone villas, apartments, and traditional homes against the backdrop of the dramatic mountain ranges and the tranquil sea. The property diversity in Knezlaz is truly remarkable, appealing to a wide range of tastes and budgets.

Knezlaz properties: Market trends overview

The real estate market in Knezlaz, Kotor, has been showing consistent price growth, creating an appealing investment opportunity for outside investors, particularly from Nordic countries, UK, Germany, and the United States. Knezlaz's prime location on the Adriatic Sea provides a blend of a relaxed lifestyle and a lively vacation due to numerous leisure facilities and yacht clubs in combination with easy access to vibrant Kotor. Knezlaz offers a picturesque coastal environment, abundant historic charm, and an impressive quality of life. Over the past few years, Knezlaz’s local authorities have been increasingly focusing on town development, offering a variety of property options for local and foreign home buyers. Choices range from stylish and functional townhouses, apartments and contemporary style villas to traditional stone houses, and luxury penthouses. Searching for property and apartments for sale in Knezlaz, Montenegro, to suit any budget and lifestyle is straightforward, making this charming maritime village increasingly attractive to foreign buyers.

Average price of a property for sale in Knezlaz

What might be the price range for properties in Knezlaz, Kotor? There's no definitive answer due to various factors that shape the cost, such as property type, proximity to the historic Old Town and local beaches, available facilities, and individual preferences (luxury elements, size, ease of access, etc.). Latest data indicates that the highest listed price for a property for sale in Knezlaz, Kotor was a considerable €2,690 per square meter. These high-end properties are typically located in the vicinity of the Old Town area of Kotor. On the other hand, the most affordable properties, with an average price per square meter of €1,985, can often be found in areas further from the city center like Dobrota. Currently, the average asking price for a home in Knezlaz, Kotor, hovers around €567,682. Keep in mind, these prices can change significantly depending on a variety of factors, including market demand and property specifics.

Types of properties can you find in Knezlaz

In Knezlaz, Kotor, Montenegro, the property market offers a wide array of real estate choices, ranging from modern condominiums, upscale waterfront homes, to quaint Montenegrin cottages. Choice properties are typically situated within secured residential estates. These estates offer 3-4 bedroom condominiums with spacious balconies and duplex homes that come with two distinct entrances, each introducing sizeable balconies and individual kitchens. If new construction is more your style, you can explore the option of a freshly built home nestled in the premier landscape of Knezlaz, Kotor, which offers breathtaking views of the sea. These properties are within walking distance to the vibrant coastline and present an idyllic location to establish roots. Much like in Mijas, Spain, the real estate in Knezlaz, Kotor, Montenegro provides an eclectic range of properties, catering to both the luxury and traditional lifestyles.