Modern Villa with pool and sea-view, Djenovici, Herceg Novi

The villa is located at a distance of 600m from the sea, in Djenovici village, Herceg Novi. The total area of the villa is 350 m2. It has 5 bedrooms, spacious living room, kitchen and dining room, wine room and sauna. Large terrace with spectacular view of the Boka Bay is on the roof. The plot covers 750m2, with a swimming pool 12 m long and 4 m wide and a plateau paved with stone. The remaining surface of the land plot is decorated with Mediterranean plants and greenery, dominated by 20 old olives.

The village of Djenovici has a large number of restaurants, landscaped beaches, and the new luxury resort Portonovi is at a distance of 1 km.

The villa is fully furnished. The rental potential is excellent, it is suitable for accommodation up to 10 people.

Key characteristics:

Excellent location of the villa in a quiet part of Djenovici

Panoramic sea-view

Spacious living room with fireplace

Five bedrooms, three bathrooms and two toilets

On the ground floor there is a tavern and a wine cellar with open fireplace

Roof terrace at the top of the building with a beautiful view of the bay

Sauna

Parking for three cars

Swimming pool 12m x 4m with hydromassage

Floor heating and central air conditioning system

Video surveillance and alarm system

At 3,714 € per m² this listing sits about 7% below the median for Đenovići, which stands at 4,007 € 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 €1,300,000 for 350 m², transfer tax comes to €70,000 — an effective 5.4%. 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 32 other for sale listings, asking between €173,000 and €3,375,000, with a median of €943,750. At €1,300,000 for 350 m² this one ranks 14 of 33 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.