Just out of town, a short taxi ride along the very scary road to the Kamenari ferry crossing, this splendidly located 18th century building has great views over Kotor and the bay, a pool and private beach. It's named after the first ship to sail around the world from Kotor (which actually came back). The rooms in the main building are small, but those in the newer annex are fine. Open from April 2010.

43 rooms (singles € 125, doubles €135, 3 apartments €190).