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One-bedroom sea-view apartment, Boka Place, Porto Montenegro

Tivat · Porto Montenegro

€500,000

Buying with residence in mind? The permit threshold is €150,000 of tax-assessed value — the figure in the Tax Administration’s transfer tax decision, not the asking price. Citizens of the EU, EEA and Switzerland are exempt from it. How residence through property works →

Asking price
€500,000
Transfer tax
€22,000
Notary & registration
Scales with value
Price plus transfer tax
€522,000

We do not record which of the two applies to an individual listing, and it changes the tax entirely: on a first sale the seller accounts for VAT and the buyer owes no transfer tax at all.

Indicative, calculated on the asking price. The taxable value is set by the Tax Administration and may differ. Annual municipal property tax is charged separately and cannot exceed 1% of value.

Bedrooms
1
Bathrooms
1
Size
77 m²
Garage
1
Location
Tivat · Porto Montenegro
Type
Apartment
Transaction
For sale
Price per m²
6,493 €
Listing ID
43542

Features & amenities

  • Air Conditioning
  • Cable TV
  • Dryer
  • Elevator
  • Furniture
  • Gym
  • Laundry
  • Microwave
  • Private Parking
  • Refrigerator
  • Restaurant
  • Sauna
  • Sea view
  • Security
  • Swimming Pool
  • Washer
  • Wi-Fi

All photos (13)

Details

About this property

Sea-view one bedroom apartment managed by SIRO 5* hotel in new Boka Place neighborhood, Porto Montenegro.

The apartment consists of open-space living room with kitchen and dining area, one bedroom, one bathroom and a spacious terrace overlooking the sea.

The apartment is fully furnished by SIRO 5* hotel standards.

The garage space can be purchased separately for an additional 40,000. EUR

The building stands in Boka Place, the mixed-use quarter of Porto Montenegro, sharing its streets with shops, cafes, galleries, a cinema and a wellness hotel, and its outlook with the green open spaces laid out between the blocks.

The building operates under 5* SIRO hotel management, so letting the apartment is a matter of entering the hotel’s rental program.

One&Only’s SIRO hotel holds 144 managed residences and puts a 20-meter swimming pool on the roof, with a gym and a high-performance studio below it.

From its raised position Boka Place overlooks the Porto Montenegro Marina, and the resort centre with all its amenities is only minutes away.

The market around it

At 6,493 € per m² this listing sits about 19% below the median for Porto Montenegro, which stands at 8,000 € per m² across 21 listings there with both a price and a floor area.

We currently hold 22 priced listings in Porto Montenegro, running from €400,000 to €3,500,000; by price this one ranks 16 of 22.

Within 5 km of this address we hold 61 other priced for sale listings, asking between €125,440 and €5,500,000, with a median of €550,000. At €500,000 for 77 m² this one ranks 37 of 62 inside that radius.

Location

Location
Tivat · Porto Montenegro
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One-bedroom sea-view apartment, Boka Place, Porto Montenegro
€500,000 · 77 m² · 6,493 €/m²
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