Duplex Penthouse Alba, Boka Place

The spacious duplex penthouse of 154 m2 is located in Alba building, Boka Place, Porto Montenegro’s vibrant urban quarter.

The upper level consists of a spacious open-plan living room with dining area and kitchen, a guest toilet, and access to expansive terraces designed for outdoor living and entertaining.

The lower level is dedicated to the private sleeping area and offers two comfortable bedrooms, two bathrooms, and direct access to the large terrace, creating an ideal balance between privacy and contemporary living.

The penthouse offers a functional layout, abundant natural light, and extensive outdoor space, making it suitable both as a primary residence and a luxury holiday home.

The price of the apartment includes one garage space.

Boka Place is Porto Montenegro’s newest mixed-use neighborhood, featuring residences, retail outlets, restaurants, cafés, wellness facilities, green public spaces, and the SIRO Hotel by Kerzner International.

Located just a short walk from Porto Montenegro Marina and the waterfront promenade, Boka Place combines modern urban living with the lifestyle and amenities of Montenegro’s most prestigious marina destination.

At 8,409 € per m² this listing sits close to the median for Porto Montenegro, which stands at 8,082 € per m² across the 27 properties we hold there. That makes it a fair reference point for the neighbourhood rather than an outlier in either direction.

We currently hold 27 properties in Porto Montenegro, running from €400,000 to €2,750,000; by price this one ranks 7 of 27. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €1,295,000 for 154 m², transfer tax comes to €69,700 — an effective 5.4%. 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 73 other for sale listings, asking between €125,440 and €5,500,000, with a median of €638,600. At €1,295,000 for 154 m² this one ranks 18 of 74 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.