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Palo Alto is a boutique residential development between Kotor and Tivat, offering a distinctive lifestyle close to nature with Mediterranean stone architecture. Studio, one-bedroom and two-bedroom apartments combine aesthetics with functionality. With views of the sea, forest and city, the project features shared amenities including a swimming pool, sun terraces, private landscaped areas, parking and storage.
Kotor: A UNESCO World Heritage Site and one of Montenegro’s most valuable historic centres, Kotor is known for its medieval stone streets, walled Old Town and views over the Bay of Kotor. It is highly attractive to tourists and investors alike, supported by strong infrastructure, year-round tourism and a growing property market. Palo Alto is only 3 km from Kotor Old Town.
Tivat: The project is just 1 km from Tivat’s coastline. Tivat is one of Montenegro’s most modern and prestigious destinations, particularly known for the luxury marina Porto Montenegro. Its international airport offers direct access to many European destinations. The city is recognised for its contemporary lifestyle, restaurants, beaches and cultural events.
Situated between Kotor and Tivat, the project gives investors convenient access to both cities. It is an exceptional location for those who want to enjoy historic character and modern living at the same time.
• Kotor Old Town – 3 km
• Tivat Airport – 1 km
• Porto Montenegro – 4 km
• Luštica Bay – 7 km
• Budva – 17 km
• Porto Novi – 18 km
• Dubrovnik – 40 km
Palo Alto stands out for its competitive pricing and strong appreciation potential. It offers a potentially secure, sustainable investment through euro-denominated rental income, freehold purchases available to foreign buyers and the possibility of applying for residency. A net rental yield of 10% is targeted. Residential property prices in the area are also reported to appreciate by an average of 20% annually.
• Apartment types: Studio, one-bedroom and two-bedroom
• Architecture: Mediterranean stone textures and a nature-integrated lifestyle
• Views: Sea, forest and city
• Layout: Functional floor plans with spacious balconies
• High ceilings and large windows maximise natural light
• Shared swimming pool
• Sun terraces
• Private landscaping and walking paths
• Spa and sauna area
• Conference room
• Smart office space
• Children’s club
Delivery is scheduled for 36 months from the date of sale.
• 35% down payment + 36-month term
• Reservation fee: €5,000
• Note: The reservation is cancelled if the down payment is not made within 10 days.
• Prices may vary by 1–2 m² according to the architectural plan in the building permit.
• The notarial contract is prepared in accordance with the building permit.
| Apartment Type | m² | Total Price (€) | Down Payment (€) | Monthly Instalment (36 Months) | Annual Rental Income (€) | Monthly Rent (€) |
|---|---|---|---|---|---|---|
| Studio | 25.95 | 129,750 | 43,662 | 2,252 | 12,975 | 1,080 |
| Studio | 32.33 | 161,650 | 54,827 | 2,828 | 16,165 | 1,345 |
| 1-bedroom | 31.49 | 157,450 | 53,357 | 2,752 | 15,745 | 1,312 |
| 1-bedroom | 38.04 | 190,200 | 64,820 | 3,344 | 19,020 | 1,585 |
| 1-bedroom | 42.60 | 213,000 | 72,800 | 3,755 | 21,300 | 1,775 |
• Close to Kotor Old Town
• A balance of tranquillity and social life
• Competitive pricing and strong appreciation potential
• Euro-denominated rental income
• Possibility of applying for residency
Our previous project received a 9.3 rating on Booking.com, demonstrating both architectural quality and successful professional rental management.
• Turnkey furniture and interior decoration
• Professional short- and long-term rentals
• Cleaning, maintenance and guest services
• Transparent reporting and revenue management
Kavac