Palazzo-style Villa Dobrota

Area of the villa: 193 m2

Garden area: 100 m2

Bedrooms: 3

Bathrooms: 3

Garage space

The villa in the style of old palaces, designed with great respect for the UNESCO World Heritage site in which it is located, is part of a tourist resort in Dobrota, Kotor, which consists of a boutique hotel, villas on the first line to the sea and a sandy beach.

The villa has a living area of 193 m2 and two gardens with a total area of 100 m2. Villa structure:

Ground floor – open space with living room and dining room with kitchen, bathroom, and technical room. The living room leads to the south garden.

On the first floor, there are three spacious bedrooms, each with a direct view of the sea. Two bedrooms share a bathroom, and the master bedroom has an en suite bathroom with a sauna. There is also an exit to the northern garden, which provides shelter from the sun for most of the day.

In addition to the installation of modern materials and equipment, the villa is fully equipped with quality furniture.

The owner of the villa also has a parking space in the garage of the hotel part in the immediate vicinity.

The hotel management offers villa rental services and provides the owners and their guests with the use of the sauna, steam room, gym, and beach sets.

At 10,880 € per m² this listing sits about 113% above the median for Dobrota, which stands at 5,102 € per m² across the 8 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 8 properties in Dobrota, running from €380,000 to €6,000,000; by price this one ranks 3 of 8. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €2,100,000 for 193 m², transfer tax comes to €118,000 — an effective 5.6%. 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 28 other for sale listings, asking between €163,000 and €6,000,000, with a median of €475,000. At €2,100,000 for 193 m² this one ranks 6 of 29 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.