Baia 3bdr Apartment, Porto Montenegro

Exclusive, fully equipped three-bedroom apartment of 193 m2 in the Baia building, Regent Pool Club Residences. The apartment consists of an open-plan living room with kitchen and dining room, three bedrooms with bathrooms, and a spacious terrace with direct access to the pool.

Based on the ‘hotel condominium’ model, these luxury residences for sale, with an optional rental program, have direct access to the extensive services and facilities of the five-star Regent Hotel and a management team that can take care of the maintenance and administration of the lease upon owner’s request.

The Baia building is part of the Regent Pool Club, so apartment owners can use the services of the Regent 5 * hotel, including pools, spa, gym, etc.

Porto Montenegro is a world-class marina resort with exclusive residences, boutiques, hotels, etc.

At 8,549 € per m² this listing sits about 6% above the median for Porto Montenegro, which stands at 8,082 € per m² across the 27 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 27 properties in Porto Montenegro, running from €400,000 to €2,750,000; by price this one ranks 5 of 27. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €1,650,000 for 193 m², transfer tax comes to €91,000 — an effective 5.5%. 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 75 other for sale listings, asking between €125,440 and €5,500,000, with a median of €580,000. At €1,650,000 for 193 m² this one ranks 13 of 76 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.