Elena 2bdr Apartment

Area: 152 m2 (105 m2 + 47 m2 terraces)

Bedrooms: 2

Bathrooms: 2 + 1

Garage: 1

Two-bedroom, fully furnished apartment of 152 m2 with sea view, Elena building.

The apartment consists of a spacious living room with a dining room and kitchen, two en suite bedrooms, a guest bathroom and two terraces of 47 m2.

The price includes a storage room of 3 m2.

The Elena building is the newest and one of the most desirable within the Porto Montenegro marina due to its beautiful interior, construction style, hotel-style apartments, and excellent rental potential.

Porto Montenegro is a world-class marina for superyachts, with a beautiful residential collection, retail, and a large number of restaurants.

At 8,223 € 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 8 of 27. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €1,250,000 for 152 m², transfer tax comes to €67,000 — 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 74 other for sale listings, asking between €125,440 and €5,500,000, with a median of €644,300. At €1,250,000 for 152 m² this one ranks 20 of 75 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.