Serviced Studio Apartment Boka Place

Modern studio apartment in the Sirocco building, which is part of the new mixed complex Boka Place in Porto Montenegro. The studio has an area of ​​56 m2 and consists of an open space with a dining room and kitchen, sleeping space and a bathroom and a sea view terrace of 10 m2.

The apartment is fully furnished with hotel furniture by 5* standards.

There is a garage space available for additional price of 40,000 €.

Within Porto Montenegro, Boka Place combines living and commerce in one quarter. Shops and cafes serve the everyday, a cinema and a wellness hotel the evenings, and the residences above are laid out for function first.

Sirocco building is under the management of a 5*SIRO hotel, and apartment owners are able to rent the apartments through the hotel’s rental program.

The SIRO hotel, part of the One&Only Group, runs 144 managed residences and carries a 20-meter swimming pool on its roof, alongside a gym and a high-performance training studio.

Its position is elevated: the Porto Montenegro Marina lies below and the central waterfront, with everything it offers, is minutes away.

At 7,500 € per m² this listing sits about 8% below the median for Porto Montenegro, which stands at 8,182 € per m² across the 27 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 27 properties in Porto Montenegro, running from €400,000 to €2,750,000; by price this one ranks 23 of 27. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €420,000 for 56 m², transfer tax comes to €18,000 — an effective 4.3%. 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 74 other for sale listings, asking between €125,440 and €5,500,000, with a median of €580,000. At €420,000 for 56 m² this one ranks 54 of 75 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.