Three-bedroom penthouse apartment within a new residential complex, Tivat

Three-bedroom penthouse apartment with a total area of ​​144 m2 within a new residential building in Tivat.

The apartment consists of a spacious open-plan living room, a kitchen with a dining room, three bedrooms, two bathrooms, a guest toilet, and a terrace with a total area of ​​32 m2.

The apartment is located in a new residential complex whose completion is planned for the end of 2025.

A garage space is available for an additional fee of 15,000 euros.

The luxury marina Porto Montenegro is only 2 km away, while Tivat airport is less than 1 km away.

At 3,097 € per m² this listing sits about 25% below the median for Mrčevac, which stands at 4,122 € per m² across the 6 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 6 properties in Mrčevac, running from €163,000 to €850,000; by price this one ranks 2 of 6. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €446,000 for 144 m², transfer tax comes to €19,300 — 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 72 other for sale listings, asking between €125,440 and €6,000,000, with a median of €650,000. At €446,000 for 144 m² this one ranks 50 of 73 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.