8-Bedroom villa near the sea, Dobre Vode

House area: 400m² Land area: 388m² Bedrooms: 8 Bathrooms: 6 Floors: 4 Garage: 2 Central heating

Bar, Utjeha, apartment-style villa below the main road, near the sea and beach. The villa has an area of 400m² and is situated on a plot of 388m².

The villa is divided into 4 levels. In the basement, there is a garage space for two vehicles. On the remaining 3 floors, there are a total of 8 bedrooms, 6 bathrooms, a spacious living room with a fully equipped kitchen and dining area, all connected by an internal staircase, and a total of 5 terraces with sea views.

The villa is partially furnished, equipped with central heating, air-conditioned in all rooms, and supplied with hot water from a central boiler located in the technical room. The villa is located about 70m from the beach.

At 1,246 € per m² this listing sits about 60% below the median for Bar, which stands at 3,125 € per m² across the 12 properties we hold there. Below-median usually means one of three things: set back from the water, an older build, or a floor plan that needs work.

We currently hold 12 properties in Bar, running from €225,000 to €4,300,000; by price this one ranks 9 of 12. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €498,500 for 400 m², transfer tax comes to €21,925 — an effective 4.4%. Since 2024 the rate is progressive rather than a flat 3%, so it is worth calculating on the actual figure rather than assuming.

Within 5 km of this address we hold 4 other for sale listings, asking between €525,000 and €4,300,000, with a median of €740,000. At €498,500 for 400 m² this one ranks 5 of 5 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.