Contemporary Waterfront Villa Strp

Contemporary, fully furnished villa of 405 m2, sitting on a first line to the sea plot measuring 827 m2.

Structure of the villa:

Ground floor: garage for 4 cars, technical room, storage room, gym, bathroom and sauna.

First floor: living room, kitchen and dining area, laundry, toilet, one bedroom, and a spacious terrace with a swimming pool

Second floor: three bedrooms, three bathrooms, and two terraces with a sea view

The villa has a heated swimming pool, barbecue, security cameras, rainwater tank, and private pier with yacht mooring possibility.

The property is located 5 km from Perast, 20 km from Kotor, 10 km from the international airport of Tivat.

At 7,407 € per m² this listing sits about 60% above the median for Kotor, which stands at 4,617 € per m² across the 39 properties we hold there. A premium usually buys position: the first line, a higher floor, or a completed build rather than one still under way.

We currently hold 39 properties in Kotor, running from €151,000 to €6,000,000; by price this one ranks 4 of 39. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €3,000,000 for 405 m², transfer tax comes to €172,000 — an effective 5.7%. 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 9 other for sale listings, asking between €435,000 and €2,500,000, with a median of €750,000. At €3,000,000 for 405 m² this one ranks 1 of 10 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.