Furnished One Bedroom Marina View Apartment Portonovi, Herceg Novi

Furnished one-bedroom apartment of 79 m2 on the first line to the sea in Portonovi Marina Residences, Herceg Novi.

The apartment consists of a large open plan living room with dining area and kitchen, one bedroom, bathroom, guest toilet and a terrace of 13 m2 with Marina view.

The price of the apartment includes one underground garage space. (on an exclusive usage right basis)

Convenient payment plan is approved: 15% upon signing the SPA, 85% through 36 months interest-free.

Portonovi Montenegro is an ultra-premium resort lifestyle destination in a traditional Mediterranean style that includes 218 world-class housing units and a top marina for mega yachts, at the narrowest part of the entrance to the Bay of Kotor.

Portonovi sits where the mountains meet the sea, with the untouched coast opposite. It brings together Europe’s first One & Only resort, a Henri Chenot spa, luxury residences, a beach club on the largest sandy beach in the region, and a mega-yacht marina with fuel tax rebates of up to 40%.

At 11,075 € per m² this listing sits about 47% above the median for Kumbor, which stands at 7,532 € per m² across the 4 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.

On this asking price of €875,000 for 79 m², transfer tax comes to €44,500 — an effective 5.1%. 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 27 other for sale listings, asking between €298,000 and €3,375,000, with a median of €1,250,000. At €875,000 for 79 m² this one ranks 18 of 28 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.