Housed in the Balkan country of Montenegro is this lovely bay. Known by locals as Boka, the crystal-clear waters and stunning views will give you speechless. Top Most Exotic Holiday Locations in the World. With grand mountains surrounding it on each side, the Bay of Kotor is a superb place for people who prefer to sight-see and ingest the areas culture. Beautiful nearby towns as Perast are worth a look for their old-world charm and customs.