Portonovi One Bedroom Marina View Apartment, Herceg Novi

Luxury one-bedroom apartment of 82 m2 on the first line to the sea in Portonovi Marina Residences, Herceg Novi.

The apartment consists of a large open plan living room with dining area and kitchen, one bedroom, bathroom, guest toilet and a terrace of 19 m2.

The terrace offers a panoramic view of the sea and the marina.

The price of the apartment includes one underground garage space. (on an exclusive usage right basis)

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

Portonovi Montenegro is an ultra-premium resort lifestyle destination in a traditional Mediterranean style that includes 218 world-class housing units and a top marina for mega yachts, at the narrowest part of the entrance to the Bay of Kotor.

What Portonovi assembles in one place: the first One & Only in Europe, Henri Chenot health and wellness, luxury residences, a marina for the largest yachts with fuel tax rebates up to 40%, and the region’s biggest sandy beach with a beach club — all between the mountains and an undeveloped Adriatic view.

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

At 10,670 € per m² this listing sits about 42% above the median for Kumbor, which stands at 7,532 € per m² across the 4 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.

On this asking price of €875,000 for 82 m², transfer tax comes to €44,500 — an effective 5.1%. 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 27 other for sale listings, asking between €298,000 and €3,375,000, with a median of €1,250,000. At €875,000 for 82 m² this one ranks 18 of 28 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.