Portonovi 3bdr Penthouse with a Private Swimming Pool

Area: 382 m2 (242 m2 + 120 m2 terraces + 20 m2 swimming pool)

Bedrooms: 3

Bathrooms: 3

Garage space

Three-bedroom duplex of 382 m2 with a sea view in Portonovi Village Residences, Herceg Novi.

The apartment consists of a spacious open-plan living room with a dining area and kitchen, three bedrooms, three bathrooms, and a terrace with promenade view. A private infinity swimming pool of 20 m2 is located on the rooftop terrace with sea and mountain views.

The price includes one underground garage space. The apartment is for sale fully furnished. Portonovi Montenegro is the Adriatic’s ultra-premium resort lifestyle destination embracing 218 world-class properties and a state-of-the-art mega-yacht marina, located at the narrowest part of the entrance of the Bay of Boka Kotorska. Portonovi commands an excellent position between mountain and sea, with breathtaking views of the pristine Adriatic coastline. Portonovi includes Europe’s first One&Only resort, luxury residences, a Henri Chenot destination Medical and Wellness Spa, an all-season, world-class marina catering to megayachts, and the region’s largest sand beach with a luxury beach club. Other features include waterfront shops, cafes, and restaurants.

At 8,835 € per m² this listing sits close to the median for Portonovi, which stands at 8,752 € per m² across the 11 properties we hold there. That makes it a fair reference point for the neighbourhood rather than an outlier in either direction.

We currently hold 11 properties in Portonovi, running from €650,000 to €3,375,000, and this is the most expensive of them. At the top of a neighbourhood the price is set by what is rare there rather than by the square metres.

On this asking price of €3,375,000 for 382 m², transfer tax comes to €194,500 — an effective 5.8%. 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 €3,000,000, with a median of €943,750. At €3,375,000 for 382 m² this one ranks 1 of 33 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.