Soho City penthouse with panoramic sea view

Area: 237 m2

Bedrooms: 3

Bathrooms: 3+1

Contemporarily furnished, three-bedroom penthouse of 237 m2 in the luxury residential complex Soho City in the center of Bar.

The apartment consists of an open-plan living room with a kitchen and dining room, three en suite bedrooms with walk-in wardrobes, two terraces with a total area of ​​55m2 with a view of the sea, a laundry room, and a guest toilet.

The apartment is fully air-conditioned and equipped with modern branded furniture.

The penthouse is located within the Soho City complex, in Bar, which consists of two buildings with their own parking, reception, and security service.

On the ground floor of the building, there are restaurants, boutiques, beauty salons, a supermarket, etc. The apartment is located at a distance of 800m from the beach, 40 km from Budva, 46 km from Podgorica Airport, and 60 km from Tivat airport

At 3,586 € per m² this listing sits about 19% above the median for Bar, which stands at 3,013 € per m² across the 12 properties we hold there. A premium usually buys position: the first line, a higher floor, or a completed build rather than one still under way.

We currently hold 12 properties in Bar, running from €225,000 to €4,300,000; by price this one ranks 5 of 12. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €850,000 for 237 m², transfer tax comes to €43,000 — an effective 5.1%. 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 5 other for sale listings, asking between €498,500 and €4,300,000, with a median of €630,000. At €850,000 for 237 m² this one ranks 2 of 6 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.