Prcanj – Historical Complex of Stone Villas and Houses

Total living area: 800 m2

Land area: 9,000 m2

Bedrooms: 10

Bathrooms: 10

Pool: 12m x 6m

Palazzo Jerovica is a collection of 5 buildings with a total living area of approximately 800m2, situated on a land plot of around 9,000m2. In total, all the properties in the complex comprise 10 bedrooms spread across 3 separate units, spacious terraces and gardens, a 12m x 6m pool, a separate sauna with a gym, and a separately built storage for garden equipment.

Hyatt Regency Hotel is in the immediate vicinity of the property, along with numerous restaurants, shops and picturesque and historic coastline of Prčanj village. The Old Town of Kotor is located 8km away, and Porto Montenegro is approximately 7km away. The nearest marina is in Prčanj.

The main villa was rebuilt in 2016-2018 to exacting architectural standards. It comprises a living room with a reading gallery, a kitchen, a bathroom with a pantry, and 4 bedrooms with private bathrooms.

The guest villa includes a living room with a kitchen and a bathroom, 5 bedrooms spread over 4 levels, 3 bathrooms, and storage space.

The studio house consists of one large room with a small kitchen and a bathroom.

Auxiliary buildings include a sauna, gym, bathroom, and storage space.

The 12m x 6m pool is located in a beautiful garden with picturesque greenery.

Access to the Palazzo Jerovica complex is through a main gate controlled electronically. A private asphalt road leads to the property, providing ample parking space for several cars. There is also the possibility of creating additional parking space in other parts of the estate.

At 4,500 € per m² this listing sits about 12% below the median for Kotor, which stands at 5,121 € per m² across 33 listings there with both a price and a floor area.

We currently hold 34 priced listings in Kotor, running from €151,000 to €6,000,000; by price this one ranks 2 of 34.

Within 5 km of this address we hold 57 other priced for sale listings, asking between €125,440 and €6,000,000, with a median of €550,000. At €3,600,000 for 800 m² this one ranks 2 of 58 inside that radius.