One-bedroom Apartment in brand new mix-used complex in Tivat

A brand new project in Tivat, strategically situated only 2km away from the city center and luxury marina Porto Montenegro, and surrounded by greenery and beautiful landscape.

With a total number of 133 units this mix-used complex of three buildings A, B, and C offers studio, one- to five-bedroom apartments and penthouses. Apartments are carefully designed with premium finishes and specifications, and panoramic park, mountain, and sea views from upper units.

Amenities:

– large outdoor swimming pool at ground floor level and rooftop swimming pool in building B

– Children’s playground

– Gym and running track

– Ground floor retail catering to residents including supermarket and pharmacy

– Facility management

– Reception and CCTV system

Specifications and Finishes:

– Multi-split heating and cooling system in all rooms (A+) by Carrier

– French-manufactured wooden flooring (one strip)

– Bespoke Facade surfaces by German manufacturer STO

– Double-glazed aluminum window and external door frames

– Italian ceramic tiling in kitchens and bathrooms

– Laufen washbasins, toilets and sanitary furniture

– Hansgrohe sanitary fixtures

– Integrated furniture packages available on request

Our recommendation is a one-bedroom apartment of 45m2 for 163,000 EUR in building B. It consists of an open space living room with a panoramic view, a kitchen with a dining area, a bedroom with a bathroom, and laundry.

Nearby beaches, easily accessible by walking or driving, are 800 m far from the complex, while the distance from Tivat Airport is 1.3 km.

At 3,622 € per m² this listing sits about 12% below the median for Mrčevac, which stands at 4,122 € 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 Mrčevac, running from €163,000 to €850,000; by price this one ranks 6 of 6. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €163,000 for 45 m², transfer tax comes to €5,150 — an effective 3.2%. 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 70 other for sale listings, asking between €125,440 and €6,000,000, with a median of €644,300. At €163,000 for 45 m² this one ranks 70 of 71 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.