MARKET
Kotor property prices
Kotor is a UNESCO town in the deepest bay of the Adriatic, where buyers look for stone houses in the Old Town, apartments in Dobrota and Prčanj, and villas along the Boka shoreline. Supply is limited and prices are among the highest in the country, especially for properties with a view of the bay.
Updated: September 1, 2026
All properties in KotorMedian price per m² · apartments for sale, Kotor
€3,827€/m²
- Since January
- +6,9%
- Vs. last month
- −3,1%
From 306 active sale listings. Earlier years are covered by market analysis, so changes are computed only within our own data.
Cities by price per m²
- 1Tivat−0,8%€5,556700 listings
- 2Kotor+6,9%€3,827306 listings
- 3Budva−1,6%€3,500951 listings
- 4Herceg Novi−11,5%€3,277160 listings
- 5Kolašin+25,0%€3,12527 listings
- 6Podgorica+2,9%€2,771462 listings
- 7Bar+0,1%€2,738448 listings
- 8Ulcinj—€2,25718 listings
Not enough listings for a reliable average: Nikšić
Price trend
Price per m² (€), monthly average — Kotor
Year
Prices by year
Average of all listings in the year. Figures up to 2025 come from market analysis, and from 2026 from listings published on DreamEstate — which is why change across the two sources is not shown.
| Year | Avg €/m² | Annual change | Source |
|---|---|---|---|
| 2023 | €2,743 | — | Market analysis |
| 2024 | €2,890 | +5,4% | Market analysis |
| 2025 | €3,420 | +18,4% | Market analysis |
| 2026 | €3,759 | — | DreamEstate |
Neighbourhoods
Apartment prices by neighbourhood
Median price per m², typical price and number of listings per neighbourhood, from active sale listings.
| Neighbourhood | Price €/m² | Typical price | Rent €/m²/mo | Yield | Listings |
|---|---|---|---|---|---|
| Stari grad | €6,250 | €396,690 | — | — | 16 |
| Donji Orahovac | €4,281 | €502,667 | — | — | 12 |
| Muo | €4,046 | €655,490 | — | — | 8 |
| Dobrota | €3,948 | €421,723 | 12,2 | +3,7% | 66 |
| Risan | €3,910 | €370,966 | — | — | 18 |
| Kostanjica | €3,779 | €493,667 | — | — | 18 |
| Prcanj | €3,636 | €608,335 | — | — | 32 |
| Donji Stoliv | €3,619 | €990,200 | — | — | 15 |
| Škaljari | €3,413 | €297,242 | — | — | 6 |
| Bigova | €3,186 | €335,000 | — | — | 6 |
| Kavac | €3,000 | €392,444 | — | — | 9 |
| Donji Morinj | €2,935 | €261,667 | — | — | 6 |
| Radanovici | €2,357 | €380,544 | — | — | 8 |
Source: listings published on DreamEstate, snapshot September 2026. Earlier years are covered by market analysis. Changes are computed within the same source only.
Structure
Apartment prices by size
Median price per m², typical total price and size by number of rooms, from active listings.
- Studios€3,807/m²
- Typical price
- €116,062
- Avg. size
- 28 m²
- Listings
- 8
- 1-bedroom€4,013/m²
- Typical price
- €286,281
- Avg. size
- 139 m²
- Listings
- 74
- 2-bedroom€3,851/m²
- Typical price
- €324,881
- Avg. size
- 83 m²
- Listings
- 105
- 3-bedroom€3,777/m²
- Typical price
- €474,170
- Avg. size
- 118 m²
- Listings
- 76
- 4+ bedrooms€3,468/m²
- Typical price
- €1,126,041
- Avg. size
- 279 m²
- Listings
- 43
Source: listings published on DreamEstate, snapshot September 2026. Earlier years are covered by market analysis. Changes are computed within the same source only.
Share
Listing structure
Share of property types in the current sale listings.
- Apartments306 listings · €3,827/m²69,5%
- Houses109 listings · €3,556/m²24,8%
- Land25 listings · €314/m²5,7%
LISTINGS
Properties in Kotor
The latest listings for sale in this city.
Three-bedroom apartment with a view of the Bay of Kotor - Dobrota
Kotor, Dobrota
75 m² · 3 rooms · 1. floor
305.000 €
Details →
Urgent sale - modern house in Dobrota, Kotor
Kotor
210 m² · 5 rooms
1.600.000 €
Details →
One-bedroom apartment with a sea view in Dobrota
Kotor, Dobrota
48 m² · 2 rooms · 1. floor
299.000 €
Details →
Modern villa with a pool and panoramic view of Boka
Kotor
413 m² · 4 rooms
2.450.000 €
Details →
Luxurious one-bedroom apartment for sale in Stoliv
Kotor, Donji Stoliv
67 m² · 1 room · 1. floor
470.000 €
Details →
Exclusive apartment with a sea view and a 150 m2 terrace in Kostanjica
Kotor, Kostanjica
118 m² · 3 rooms · 1. floor
620.000 €
Details →QUESTIONS
Frequently asked questions about the market
What is the average property price in Kotor?
The average price per square metre in Kotor is €3,827/m² for properties for sale. The figure is calculated from active listings and official statistics and is refreshed daily, so it differs from the price of any single property, which depends on location, floor, year built and condition.
How are prices in Kotor changing?
Since the start of the year the average price per m² in Kotor has changed by +6,9%. The chart above shows monthly movement; you can narrow the period to one or three years.
Is now a good time to buy in Kotor?
It depends on the purpose: for a home to live in, the loan instalment and upkeep costs matter most, while for an investment the rental yield and seasonality of demand matter most. Compare Kotor with neighbouring cities in the table above and check current listings before you decide.
Can foreigners buy property in Kotor?
Foreign nationals can buy apartments, houses and commercial units in Montenegro on the same terms as locals; agricultural land and forests carry restrictions that are resolved by setting up a locally registered company. On top of the price, budget for the real estate transfer tax (3% up to €150,000, 5% on the portion between €150,000 and €500,000, 6% on the portion above €500,000; new builds bought from a VAT-registered developer carry 21% VAT instead of the tax), the notary fee and the land registry charges.
About the data on this page
Price data comes from active listings on the DreamEstate platform, consolidated historical series for 2020-2022 and official statistics. Prices are expressed in euros per square metre and represent an average, not a valuation of any single property. To value a specific property, contact an agency or a licensed appraiser.
The prices shown are average values per m² calculated from publicly available listings and official statistics. Actual prices depend on location, floor, property condition and other factors, so the figures are for informational purposes only.