Furnished 2bdr Apartment Alba, Boka Place

Furnished, Two-bedroom apartment in the Alba building, part of the new mixed complex Boka Place in Porto Montenegro. The apartment has an area of 89 m2 and consists of an open-plan living room with a dining room and kitchen, two bedrooms, a bathroom, a laundry, and a spacious terrace of 12 m2.

The apartment is for sale fully furnished.

Boka Place gives Porto Montenegro a second centre, away from the waterfront. Inside it: world fashion brands, galleries, cafes, a cinema, a hotel and wellness center, and private residences designed to be practical as well as handsome.

At 7,303 € per m² this listing sits about 11% 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 17 of 27. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €650,000 for 89 m², transfer tax comes to €31,000 — an effective 4.8%. 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 €650,000 for 89 m² this one ranks 35 of 75 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.