Skver 3bdr Apartment with a Sea View

Apartment area: 244 m2

Bedrooms: 3

Bathrooms: 3

Parking

Three-bedroom apartment on the first line to the sea, with a view of the city marina Skver, Herceg Novi.

The apartment consists of a spacious living room, a kitchen with a dining room, three bedrooms, three bathrooms, a wardrobe, three spacious storage rooms, a laundry room and three terraces.

The apartment is located in a unique location by the sea in the immediate vicinity of the Old Town within a complex characterized by a combination of contemporary architecture with Mediterranean elements. The unique design solution, high-quality materials, reception, and structure make this apartment an ideal place to live and stay at the sea with maximum comfort and privacy.

The apartment is sold fully furnished and has a private yard and parking space. The distance to Tivat airport is 20 km, while Portonovi resort is 7 km away.

At 4,508 € per m² this listing sits about 38% below the median for Herceg Novi, which stands at 7,222 € per m² across the 30 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 30 properties in Herceg Novi, running from €173,000 to €3,375,000; by price this one ranks 17 of 30. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €1,100,000 for 244 m², transfer tax comes to €58,000 — an effective 5.3%. 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 10 other for sale listings, asking between €420,000 and €2,500,000, with a median of €1,030,400. At €1,100,000 for 244 m² this one ranks 6 of 11 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.