Portonovi 1bdr Furnished Apartment

Area: 88 m2 (65 m2 + 23 m2 terrace)

Bedrooms: 1

Bathrooms: 1

Garage space

Furnished one-bedroom apartment of 88 m2 overlooking the Marina village square and partially the marina and sea.

It consists of an open-plan living room with a dining are and kitchen, one bedroom, and one bathroom. Both the living room and bedroom have access to a large terrace.

The future owners will have access to a communal swimming pool.

One garage space is included in the price.

Portonovi guards the mouth of the Bay of Kotor at its narrowest crossing. It is a resort destination of 218 world-class units, with a marina among the region’s best for large yachts.

Set between mountain and sea with undeveloped coast in view, Portonovi holds Europe’s first One&Only resort, luxury residences, the Henri Chenot destination spa, a mega-yacht marina and the region’s largest sandy beach with a luxury club — plus shops, coffee bars and restaurants along the shore.

At 7,954 € per m² this listing sits about 11% 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 10 of 11. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €700,000 for 88 m², transfer tax comes to €34,000 — an effective 4.9%. 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 31 other for sale listings, asking between €298,000 and €3,375,000, with a median of €1,185,800. At €700,000 for 88 m² this one ranks 21 of 32 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.