Luxury three-bedroom apartment Przno, Budva

Luxury three-bedroom apartment located in a residential building in Pržno, offering an open panoramic sea view from all rooms

The apartment has a total area of 160 m2 and consists of a spacious living room, an open-plan kitchen with a dining area, and a large terrace with panoramic sea views, three bedrooms, and three bathrooms.

The interior has been carefully designed to provide maximum comfort and aesthetic appeal. The spacious living room is seamlessly connected to the dining area and kitchen, while the three comfortable bedrooms offer privacy and relaxation.

The apartment is exceptionally bright and sunny and occupies the entire top floor of the residential building.

One garage parking space is included in the price.

The nearest beach is only 180 meters away, while Miločer Park is a 5-minute walk away. Podgorica Airport is located 58 km from the property.

At 3,406 € per m² this listing sits about 24% 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 4 of 6. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €545,000 for 160 m², transfer tax comes to €24,700 — an effective 4.5%. 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 46 other for sale listings, asking between €172,800 and €2,200,000, with a median of €557,500. At €545,000 for 160 m² this one ranks 27 of 47 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.