Two-bedroom sea view apartment, Boka Place, Porto Montenegro

Modern two bedroom apartment in the Sirocco building, which is part of the new mixed complex Boka Place in Porto Montenegro. The apartment has an area of ​​90 m2 and consists of an open space with a dining room and kitchen, two bedrooms, two bathrooms and a sea view terrace of 9 m2.

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

The price includes fully furnished apartment and garage space.

Sirocco falls under the management of the SIRO hotel, rated five stars, and its apartments may be rented out through that hotel’s program.

The hotel is SIRO, from the One&Only Group — 144 managed residences, a rooftop pool of 20 meters, a gym and a high-performance studio.

The site rises behind the Porto Montenegro Marina, giving the buildings an open view over the water and quick access to the central waterfront.

At 8,200 € per m² this listing sits close to the median for Porto Montenegro, which stands at 8,082 € per m² across the 27 properties we hold there. That makes it a fair reference point for the neighbourhood rather than an outlier in either direction.

We currently hold 27 properties in Porto Montenegro, running from €400,000 to €2,750,000; by price this one ranks 14 of 27. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €738,000 for 90 m², transfer tax comes to €36,280 — an effective 4.9%. 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 79 other for sale listings, asking between €125,440 and €5,500,000, with a median of €580,000. At €738,000 for 90 m² this one ranks 32 of 80 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.