Contemporary 8-bdr villa, Markovići, Budva

Area: 293m2

Land Size: 520m2

Bedrooms 8

Living rooms: 3

Bathrooms 3

Parking places 3

Swimming pool

Budva, Markovici, new contemprary villa with a swimming pool, panoramic view of the sea and the entire city of Budva. The residential area villa is 293 m2, the land plot covers the total of 520 m2 and consists of three floors.

The villa is organized in the three level:

The ground floor there features a 3-bedroom apartment of 97 m2, with a large terrace of 70 m2. and open sea view.

The first floor is organized as a large 3-bedroom apartment measuring 100m2, also with extraordinary sea view.

The second floor is consisted of a 2-bedroom apartment, covering 96m2.

The yard is entirely landscaped, with a swimming pool, outdoor kitchen and 3 parking places. The villa has private parking and a beautifully landscaped yard.

The villa has been decorated using the highest quality materials, including Travertine stone, contemporary lighting, tropical palm and olive trees in the landscaped yard. Additional features such as a glass fence, anthracite-colored gate, and a mosaic-lined pool further enhance its refined and elegant aesthetic.

At 3,378 € per m² this listing sits about 24% below the median for Budva, which stands at 4,420 € per m² across the 56 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 56 properties in Budva, running from €124,200 to €3,500,000; by price this one ranks 17 of 56. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €990,000 for 293 m², transfer tax comes to €51,400 — an effective 5.2%. 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 42 other for sale listings, asking between €124,200 and €2,100,000, with a median of €522,500. At €990,000 for 293 m² this one ranks 8 of 43 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.