Budva is a lot like Dubrovnik - substantially smaller, and was rebuilt a few decades ago after having been demolished by some earthquake i think ? They have similar city walls (much lower), and most of the city is adjacent to the old city. the only plus point - its slightly cheaper than dubrovnik.... i stopped there for a beer with dirk on the beach (pic sans the candy), ogling at the cute hunky serbian eye candy spread out on the deck chairs all around us. quite a pleasant way to spend an hour !