Contemporary 4bdr Villa Podi

Area: 298 m2

Land area: 590 m2

Bedrooms: 4

Bathrooms: 3 + 1

Swimming pool

Garage

Parking in a fenced yard

Modernly equipped four-bedroom villa of 298 m2 in the Podi settlement, Herceg Novi.

The villa has two levels and consists of an open-plan living room with dining room and kitchen, four bedrooms, three bathrooms, guest toilet, terrace and garage. All rooms in the villa have a sea view.

The living room leads out into the courtyard with a 41 m2 swimming pool.

The villa has an additional 5-6 parking spaces in a fenced, paved yard.

It is located in the quiet Podi settlement, just a 10-minute drive from the Old Town of Herceg Novi.

At 2,651 € per m² this listing sits about 63% below the median for Herceg Novi, which stands at 7,222 € per m² across the 30 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 30 properties in Herceg Novi, running from €173,000 to €3,375,000; by price this one ranks 21 of 30. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €790,000 for 298 m², transfer tax comes to €39,400 — an effective 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 28 other for sale listings, asking between €298,000 and €3,375,000, with a median of €1,217,900. At €790,000 for 298 m² this one ranks 20 of 29 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.