Portonovi Single 3bdr Villa

Area: 287 m2 (195 m2 + 92 m2 rooftop terrace)

Exclusive usage area: 131 m2

Bedrooms: 3

Bathrooms: 3 + 1

Garage space

Spacious three-bedroom villa of 287 m2 within the Village Residences in Portonovi Resort.

The villa occupies one floor and measures a living space of 195 m2. It has a spacious open-plan living room with a built-in and fully equipped kitchen, three en suite bedrooms, a guest toilet, and a laundry room. The external staircase leads to a 92 m2 rooftop terrace with an installed jacuzzi tub and pergola-covered relaxation area.

The owners have access to a private paved area of 131 m2, which can be accessed from each of the rooms in the villa. The owners of the villa can exclusively use the area.

The communal swimming pool is at disposal to the future owners and is located behind the villa, a couple of steps away.

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

Portonovi has an excellent position between the mountains and the sea, with an ambient view of the untouched Adriatic coast. Portonovi includes Europe’s first One&Only resort, luxury residences, Henri Chenot destination health and Wellness Spa, a world-class marina serving mega yachts, and the region’s largest sandy beach with a luxury beach club.

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

At 9,721 € per m² this listing sits about 12% 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 2 of 11. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €2,790,000 for 287 m², transfer tax comes to €159,400 — an effective 5.7%. 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 €1,012,500. At €2,790,000 for 287 m² this one ranks 2 of 32 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.