A brand-new residential complex has been approved for construction in Kotor, Montenegro.
A brand-new residential complex has been approved for construction in Kotor, Montenegro — a city known for its UNESCO-protected old town and scenic coastal surroundings. The project, spearheaded by Asisa Montenegro, includes the development of five modern residential buildings comprising a total of 72 apartments, designed to meet the growing demand for well-located, high-quality housing in the region.
The plan includes four purely residential buildings and one mixed-use building (Lamella E), which will feature both commercial premises on the ground floor and residential apartments above. The full unit mix is as follows:
This layout aims to attract a broad spectrum of buyers, from first-time homeowners and local professionals to retirees and investors seeking rental income.
The project is more than just a cluster of buildings — it is a thoughtfully integrated urban addition to Kotor. The development is aligned with the city’s master plan and has received full architectural approval. It is also designed with communal areas, including a shared swimming pool, children’s playground, and green landscaping that encourages social interaction among residents.
Each building (Lamella A through E) is designed with three floors:
Lamella E is unique in that it includes commercial space on the ground floor — an ideal setup for convenience stores, cafes, or service offices that benefit both residents and surrounding neighborhoods.
The complex includes 53 parking spaces, with 48 in the underground garages and 5 outdoor. Notably, 5 of the garage spaces are fully accessible, reflecting an inclusive design approach. All residential and recreational areas will also be barrier-free, ensuring usability for people with limited mobility.
Kotor has been experiencing a slow but steady increase in population and tourism-driven economic activity. This new residential complex contributes to that growth in a sustainable and structured way. Rather than high-density expansion, the project focuses on livability, functionality, and aesthetics, blending traditional Montenegrin design elements with contemporary standards.
With rising demand for rentals and long-term housing in coastal Montenegro, this development could become a prime investment opportunity for both domestic and international buyers. The inclusion of commercial units adds an additional income stream for property owners, while the modern amenities increase rental appeal.
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