Apartment building with a sea view, Stoliv

Area: 440 m2 gross / 380 m2 net

Land area: 607

Rooftop terrace: 140 m2

Total apartments: 5

Total bedrooms: 9

Total bathrooms: 7

Parking

Apartment building 70 m from the sea in Stoliv, Kotor.

The house has 440 m2 gross area, or 380 m2 net, and consists of 5 apartments. It is located on the parcel of 607 m2.

Structure of the house by floors:

Ground floor – one-bedroom apartment

First floor – comfortable apartment with a large terrace and sea view, open-plan living room with dining room and kitchen, three bedrooms, and two bathrooms. From the apartment, there is access to a small yard.

Second floor – three apartments, two of which are two-bedroom and one one-bedroom, and a laundry room

Roof terrace with a panoramic view of the bay, an area of 140 m2, and a technical room

There is a large private parking lot within the fenced yard.

The house is for sale fully furnished and has a high potential for renting out.

The old town of Kotor is about 7 km away.

At 2,727 € per m² this listing sits about 27% below the median for Stoliv, which stands at 3,750 € per m² across the 4 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.

On this asking price of €1,200,000 for 440 m², transfer tax comes to €64,000 — an effective 5.3%. 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 69 other for sale listings, asking between €125,440 and €6,000,000, with a median of €580,000. At €1,200,000 for 440 m² this one ranks 17 of 70 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.