Serviced Studio Apartment Sirocco Building, Boka Place

Furnished ground floor 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 ​​73 m2 and consists of an open space with a dining room and kitchen, sleeping space, a bathroom, acces to the terrace of 10 m2 and 18 m2 garden E.U.R.

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

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

Set in Boka Place, a district of Porto Montenegro built around daily life rather than the marina alone: shopping, cafes, a cinema, galleries and a wellness hotel, with residences above and green space between them.

Sirocco is managed by the five-star SIRO hotel. Owners have the option of joining the hotel rental program rather than arranging tenants themselves.

Hotel SIRO belongs to the One&Only Group and is built around training: a high-performance studio and gym, plus 144 managed residences and a 20-meter rooftop pool.

Elevation is what distinguishes the location — Boka Place sits above the marina rather than on it, with the central waterfront a short walk below.

At 6,164 € per m² this listing sits about 25% 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 22 of 27. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €450,000 for 73 m², transfer tax comes to €19,500 — 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 73 other for sale listings, asking between €125,440 and €5,500,000, with a median of €650,000. At €450,000 for 73 m² this one ranks 50 of 74 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.