Portonovi 1bdr Apartment with Direct Access to a Swimming Pool

Area: 90 m2 (70 m2 internally + 20 m2 terrace – exclusive usage rights)

Bedrooms: 1

Bathrooms: 1

Garage space

Storage

One-bedroom apartment of 70 m2 with 20 m2 of exclusive usage rights outdoor area with direct access to a communal swimming pool in Portonovi Village Residences.

The apartment consists of a spacious living room, kitchen, dining area, one bedroom, and one bathroom. It is for sale fully furnished.

The price includes one garage space and a storage unit.

At the tightest point of the Bay of Kotor’s entrance sits Portonovi, an ultra-premium destination of 218 residences served by a marina for the largest yachts.

The resort faces an undeveloped Adriatic shoreline with the mountains behind it, and holds Europe’s first One&Only, a Henri Chenot wellness spa, private residences, a mega-yacht marina, and the region’s largest sandy beach with a luxury beach club.

Other features include onshore retail outlets, coffee bars, and restaurants.

At 7,222 € per m² this listing sits about 19% below the median for Portonovi, which stands at 8,939 € per m² across the 11 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 11 properties in Portonovi, running from €650,000 to €3,375,000; by price this one ranks 11 of 11. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €650,000 for 90 m², transfer tax comes to €31,000 — an effective 4.8%. 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 €1,099,150. At €650,000 for 90 m² this one ranks 22 of 33 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.