Duplex Penthouse Milena, Porto Montenegro

Spacious duplex apartment with marina and sea-view in Milena building, Porto Montenegro.

The ground floor of the apartment consists of spacious living room with kitchen and dining area, guest toillete, and an entrance to the terrace overlooking the exclusive Porto Montenegro marina. Terrace offers an entrance to the shared pool area. Upper floor of the apartment consists of two master bedrooms with en-suite bathrooms and comfortable wardrobe space.

The apartment is for sale fully furnished.

One garage space is included in the price.

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

At 6,578 € per m² this listing sits about 20% below the median for Porto Montenegro, which stands at 8,182 € per m² across the 27 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 27 properties in Porto Montenegro, running from €400,000 to €2,750,000; by price this one ranks 12 of 27. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €1,000,000 for 152 m², transfer tax comes to €52,000 — 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 74 other for sale listings, asking between €125,440 and €5,500,000, with a median of €580,000. At €1,000,000 for 152 m² this one ranks 25 of 75 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.