Furnished 3bdr Apartment With Panoramic Sea-view, Dobrota, Kotor

Furnished three-bedroom apartment of 129 m2 with panoramic sea-view in Dobrota.

The apartment consists of living room with dining area and kitchen with an entrance to the unique and spacious terrace with panoramic sea-view, master bedroom with en suite bathroom, two smaller bedrooms and bathroom.

The apartment is fully equipped and air-conditioned. For extra 10,000 € it is for sale with complete furniture.

Distance to Kotor Old town is 4 km, and to Tivat airport 12 km.

At 3,333 € per m² this listing sits about 35% below the median for Dobrota, which stands at 5,121 € per m² across the 8 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 8 properties in Dobrota, running from €380,000 to €6,000,000; by price this one ranks 6 of 8. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €430,000 for 129 m², transfer tax comes to €18,500 — an effective 4.3%. 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 23 other for sale listings, asking between €275,000 and €6,000,000, with a median of €500,000. At €430,000 for 129 m² this one ranks 16 of 24 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.