Dukley Residences One-bedroom Apartment, with a Sea View

Apartment area: 64 m2

Bedrooms: 1

Bathrooms: 1

Sea View

Garage space in the underground garage

Furnished

The exclusive one-bedroom apartment on the third floor of the Dukley Residences building offers views of the Old Town and the open sea, facing west. It is located near Hotel Avala and 100 meters from the sandy beach.

The apartment area is 64m2 and consists of a well-lit and spacious living room, kitchen with dining area, bathroom, comfortable bedroom and terrace. Dukley Residences is an example of superior construction and contemporary architecture.

Due to the superior position of the building, the owners of the apartments are located in the center of the cultural life of the city, within walking distance of the sea and the promenade, marina, a large number of restaurants and exclusive shops and boutiques.

At 6,640 € per m² this listing sits about 50% above the median for Budva, which stands at 4,418 € per m² across the 56 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 56 properties in Budva, running from €124,200 to €3,500,000; by price this one ranks 40 of 56. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €425,000 for 64 m², transfer tax comes to €18,250 — an effective 4.3%. 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 €547,500. At €425,000 for 64 m² this one ranks 30 of 43 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.