Portonovi Marina 2 bedroom Penthouse, Herceg Novi

Luxury two-bedroom apartment of 156 m2 within Marina Residences in Portonovi Resort, Herceg Novi.

The apartment spreads over 108 m2 of internal area and 48 m2 of two sea-view, pergola-covered terraces. It consists of a spacious living room with a kitchen and dining area, with access to the terrace with a panoramic sea view, two en suite bedrooms, both with access to private terraces, and a guest toilet.

The price includes a fully equipped kitchen, built-in wardrobes, and one garage space.

Convenient payment plan is approved: 15% upon signing the SPA, 85% through 36 months interest-free.

Portonovi is an elegant seaside resort and is considered one of the most sought-after exclusive destinations in the Mediterranean. With its 214 luxury residences, including apartments, penthouses, and duplex apartments and villas, Portonovi also includes public areas such as parks and private beaches, as well as a commercial component consisting of restaurants, pubs, coffee bars, luxury boutiques, car dealerships, jewelry stores, art galleries, etc.

Comfortable stay and daily life are enriched with various facilities and services such as grocery stores, kindergarten, gym, SPA center, health center, bank, furniture stores, car rental, gym, etc.

At 10,576 € per m² this listing sits about 22% above the median for Portonovi, which stands at 8,648 € per m² across the 11 properties we hold there. A premium usually buys position: the first line, a higher floor, or a completed build rather than one still under way.

We currently hold 11 properties in Portonovi, running from €650,000 to €3,375,000; by price this one ranks 7 of 11. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €1,650,000 for 156 m², transfer tax comes to €91,000 — an effective 5.5%. 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 30 other for sale listings, asking between €298,000 and €3,375,000, with a median of €943,750. At €1,650,000 for 156 m² this one ranks 9 of 31 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.