Furnished One-bedroom Apartment Boka Place

Furnished one-bedroom apartment in the Sirocco building, which is part of the new mixed complex Boka Place in Porto Montenegro. The apartment has an area of ​​72 m2 and consists of an open space living room, kitchen with dining area, one bedroom a bathroom, and a terrace of 12 m2.

The apartment is fully furnished with hotel furniture by 5* standards.

There is a garage space available for additional price of 40,000 €.

Boka Place is a commercial and residential district inside Porto Montenegro. Its ground floors hold shops, cafes and galleries, its centre a cinema and a wellness hotel, and its upper floors private residences designed for daily use rather than display.

Management of Sirocco sits with the 5* SIRO hotel, and owners who wish to let their apartment can do so through the hotel’s own rental program.

Within Hotel SIRO (One&Only Group) there are 144 managed residences, a gym, a high-performance studio, and a rooftop swimming pool measuring 20 meters.

The district looks down on the Porto Montenegro Marina from higher ground, a few minutes from the central resort and its amenities.

At 6,712 € per m² this listing sits about 18% 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 21 of 27. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €490,000 for 73 m², transfer tax comes to €21,500 — 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 73 other for sale listings, asking between €125,440 and €5,500,000, with a median of €650,000. At €490,000 for 73 m² this one ranks 47 of 74 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.