Przno House with Sea View

Area: 453 m2

Land area: 381 m2

Four-story house with 4 separate apartments in Przno, Budva.

Ground floor and first floor:

Duplex apartment with an area of 148 m2, consisting of a large open-plan living room with a dining room, kitchen, and pantry, two bedrooms, a walk-in wardrobe, two bathrooms, and two large terraces surrounded by olive trees.

A smaller one-bedroom apartment of 54 m2 consisting of a living room, a small kitchen, a bedroom, a bathroom, and a terrace shared with the upper floor of the duplex.

Second floor:

Two-bedroom apartment of 118 m2 consists of a living room with kitchen and dining room, two bedrooms and two bathrooms, with the master bedroom en suite. The large terrace offers a view of the sea

Third floor:

Two-bedroom apartment of 133 m2 with high ceilings, consists of an open-plan living room with a kitchen and dining room and a partitioned sleeping area, one bedroom, a bathroom, and a terrace with a panoramic view of the sea.

Parking is provided within the fenced yard.

The house is surrounded by olive groves, and the higher floors offer a view of the sea. It is located 1 km from Kamenovo beach and 1.4 km from the beach in Przno. Budva is 7 km away, and the nearest airport in Tivat is 27 km away.

At 2,185 € per m² this listing sits about 51% below the median for Pržno, which stands at 4,479 € per m² across the 6 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 6 properties in Pržno, running from €430,000 to €2,200,000; by price this one ranks 3 of 6. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €990,000 for 453 m², transfer tax comes to €51,400 — an effective 5.2%. 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 45 other for sale listings, asking between €124,200 and €2,200,000, with a median of €550,000. At €990,000 for 453 m² this one ranks 12 of 46 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.