Four-bedroom apartment with open sea view, Tara building, Porto Montenegro

Well-proportioned 4-bedroom apartment of 240 m2 in Tara building.

The apartment consists of a spacious living room with access to a big terrace with stunning sea views, a kitchen and a dining area, 4 en suite bedrooms, a guest toilet, and a laundry room.

It is fully furnished and ready to move in. One garage space is included in the price.

Tara building is located in the back of Venice square, in the immediate vicinity of Regent 5* hotel.

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

At 10,416 € per m² this listing sits about 29% above the median for Porto Montenegro, which stands at 8,082 € per m² across the 27 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 27 properties in Porto Montenegro, running from €400,000 to €2,750,000; by price this one ranks 2 of 27. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €2,500,000 for 240 m², transfer tax comes to €142,000 — an effective 5.7%. 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 €2,500,000 for 240 m² this one ranks 6 of 74 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.