Apartments in new mixed-use residential complex, Mrcevac, Tivat

A brand-new project in Tivat, strategically located only 2 km away from the city center and luxury marina Porto Montenegro, and surrounded by greenery and beautiful landscape.

With a total number of 133 units this mix-used complex of three buildings offers studio, one-bedroom, two-bedroom and three-bedroom penthouse apartments.

Apartments are carefully designed with premium finishes and specifications, and panoramic park, mountain, and sea views from upper units.

Future owners will be able to enjoy large outdoor swimming pool at ground floor level, children’s playground, modern gym, retail catering to resident including supermarket and pharmacy, facility management, reception, and video surveillance.

Our recommendation is a one-bedroom apartment of 45m2 for 185,500 EUR in building B.

It consists of an open space living room with a panoramic view, a kitchen with a dining area, a bedroom and a bathroom.

Specifications and finishes of the units: multi-split heating and cooling system in all rooms (A+) by Carrier, French-manufactured wooden flooring (one strip), bespoke facade surfaces by German manufacturer STO, double-glazed aluminum window and external door frames, Italian ceramic tiling in kitchens and bathrooms, Laufen washbasins, toilets and sanitary furniture, Hansgrohe sanitary fixtures

Integrated furniture packages are available on request.

Convenient payment plan is available:

30% upon signing the SPA; 30% after completion of first construction phase; 30% after completion of second construction phase; 10% upon handover.

Nearby beaches, easily accessible by walking or driving, are 800 m far from the complex, while the distance from Tivat Airport is only 1.3 km.

At 4,122 € per m² this listing sits about 14% above the median for Mrčevac, which stands at 3,622 € per m² across the 6 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 6 properties in Mrčevac, running from €163,000 to €850,000; by price this one ranks 5 of 6. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €185,500 for 45 m², transfer tax comes to €6,275 — an effective 3.4%. 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 68 other for sale listings, asking between €125,440 and €5,500,000, with a median of €614,300. At €185,500 for 45 m² this one ranks 66 of 69 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.