Two-bedroom Apartment with Spacious Terraces, New Residential Complex in Orahovac

A two-bedroom apartment with a spacious terrace, located in a new residential complex in Orahovac, Kotor. The apartment consists of a spacious living room, a kitchen with dining area, two bedrooms, a bathroom, guest toilete, balcony and a terrace offering panoramic views of the Bay of Kotor.

Future owners will be able to enjoy a shared outdoor swimming pool, landscaped green areas with a children’s playground, as well as a luxuriously equipped gym. All apartments are fitted with smart home systems.

A parking space in the underground garage is available at an additional cost of EUR 20,000.

The complex is located just 100 m from the sea, 8 km from the historic Old Town of Kotor, and 17 km from Tivat Airport.

At 4,534 € per m² this listing sits about 26% below the median for Orahovac, which stands at 6,097 € per m² across the 6 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 6 properties in Orahovac, running from €300,000 to €950,000; by price this one ranks 4 of 6. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €390,000 for 86 m², transfer tax comes to €16,500 — an effective 4.2%. 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 24 other for sale listings, asking between €279,000 and €6,000,000, with a median of €725,000. At €390,000 for 86 m² this one ranks 21 of 25 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.