Kumbor 1bdr Apartment in a New Residential Complex

Area: 53 m2

Bedrooms: 1

Bathrooms: 1

One-bedroom apartment in a residential complex under construction in Kumbor, Herceg Novi.

The apartment has a large open-plan living room with a kitchen and dining area, one bedroom, a bathroom, and a spacious terrace with panoramic views.

With a completion date in December 2025, the buyers have at their disposal a convenient payment plan lasting up to 2 years after the handover of the apartment: 30% at the signing of the SPA, 20% at the handover, while the remaining 50% is paid through 50 equal monthly interest-free installments starting from the purchase date.

The price includes a fully equipped bathroom and kitchen, while the furniture package is optional and at an additional price. The outdoor parking space is available for 10,000 eur, while a parking space in the underground garage costs 20,000 eur.

The complex comprises three buildings with a total of 56 units, with outdoor and indoor swimming pools, a rooftop bar, a sauna, a Turkish bath, a relaxation area and a gym, reception and video surveillance security 24/7, concierge services, vast green areas within the complex as well as a children’s playground, open parking and garage with a car lift and electric car charging station, generator and spare water tank.

It is conveniently located below the main road, near Portonovi, overlooking the One&Only Hotel and the sea.

At 7,532 € per m² this listing sits about 29% below the median for Kumbor, which stands at 10,670 € per m² across the 4 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.

On this asking price of €399,200 for 53 m², transfer tax comes to €16,960 — an effective 4.2%. 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 31 other for sale listings, asking between €298,000 and €3,375,000, with a median of €1,185,800. At €399,200 for 53 m² this one ranks 31 of 32 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.