Furnished 3bdr Penthouse in Przno

Area: 123m2

Bedrooms: 3

Bathrooms: 2

Garage Space: 1

Furnished, three-bedroom penthouse with an area of 123m2 in Przno, Budva, with a sea view and an included garage space.

The apartment consists of two levels. On the first level, there’s a spacious open-plan living room with a kitchen and dining area, a terrace with a sea view, two bedrooms, and a bathroom. On the second level, there’s one bedroom and a large bathroom with a jacuzzi.

The apartment is being sold fully furnished and equipped. The price includes a garage space. The building is located below the main road, 200m from Hotel Maestral and the beach.

Budva city center is approximately 4km away.

At 4,065 € per m² this listing sits about 9% below the median for Pržno, which stands at 4,479 € per m² across the 6 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 6 properties in Pržno, running from €430,000 to €2,200,000; by price this one ranks 5 of 6. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €500,000 for 123 m², transfer tax comes to €22,000 — an effective 4.4%. 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 40 other for sale listings, asking between €172,800 and €2,200,000, with a median of €587,500. At €500,000 for 123 m² this one ranks 27 of 41 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.