Furnished One-Bedroom Apartment in the Heart of the Old Town, Kotor

A furnished one-bedroom apartment with a total area of 37 m², located in the heart of Kotor Old Town.

The apartment consists of an entrance hallway, a living room with a kitchen and dining area, one bedroom, and a bathroom.

The apartment is sold fully furnished and is suitable for both short-term and long-term rental.

It is situated in an excellent location, close to all key amenities, including restaurants, cafés, shops, cultural landmarks, and major city attractions.

At 7,432 € per m² this listing sits about 61% 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 36 of 39. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €275,000 for 37 m², transfer tax comes to €10,750 — an effective 3.9%. 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 €163,000 and €6,000,000, with a median of €550,000. At €275,000 for 37 m² this one ranks 20 of 24 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.