Serviced One-bedroom Apartment, Ulcinj

Branded one-bedroom apartment in the new Porta Rai 5* Resort, Velika Plaža, Ulcinj.

The apartment consists of an open-plan living room with access to a 8 m2 terrace, a kitchen with dining area, a bedroom, and a bathroom. The apartment is designed with 3-meter-high ceilings, quality finishes, smart home systems, and terraces that seamlessly connect indoor and outdoor living spaces.

Karisma Hotels & Resorts operates the complex end to end; owners get professional management and concierge services as part of it.

The amenities list runs long: seven swimming pools, a modern spa centre, fitness centres, courts for basketball, tennis and padel, mini golf, and a kids' club designed for the purpose.

Porta Rai Beachfront Hotel & Residences stands on Velika Plaža, with more than 550 residences across seven buildings, 300 meters of private sandy beach, and a promenade of restaurants and retail along it.

Payment: 70% of the price by May 2027, and the remaining 30% in sixteen quarterly instalments after handover.

Driving times: ten minutes to Ulcinj centre, ten to Ada Bojana, twenty to Bar, and less than ninety minutes to either Podgorica or Tivat airport.

At 5,576 € per m² this listing sits close to the median for Velika Plaža, which stands at 5,453 € per m² across the 4 properties we hold there. That makes it a fair reference point for the neighbourhood rather than an outlier in either direction.

On this asking price of €362,500 for 65 m², transfer tax comes to €15,125 — an effective 4.2%. 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 3 other for sale listings, asking between €379,499 and €553,999, with a median of €408,999. At €362,500 for 65 m² this one ranks 4 of 4 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.