Utjeha – Modern Villa with Swimming Pool Near the Sea

Villa area: 365 m2

Land area: 400 m2

Bedrooms: 4

Bathrooms: 3+1

Floors: 3

Swimming pool

Modern villa with a pool located in the bay of Paljuskovo in Utjeha, 70m from the seaside. The villa has a total area of 365m2 spread over three levels, situated on a 400m2 plot of land.

The villa consists of a spacious living room with a kitchen, dining area, one bedroom, and a bathroom on the first level. On the second level, there are three bedrooms and two bathrooms. The third level features a semi-open terrace with space designated for a kitchen and barbecue area. The basement contains a large storage area, and there are three parking spaces in front of the villa.

In the yard, you’ll find a spacious terrace, a swimming pool with a storage house, and an outdoor shower.

The villa is situated at a distance of 16km from Bar, 53km from Budva, 66km from Podgorica Airport, and 74km from Tivat Airport.

At 3,013 € per m² this listing sits about 8% below the median for Utjeha, which stands at 3,288 € per m² across the 5 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 5 properties in Utjeha, running from €225,000 to €2,200,000; by price this one ranks 3 of 5. 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 365 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 4 other for sale listings, asking between €225,000 and €2,200,000, with a median of €822,500. At €1,100,000 for 365 m² this one ranks 3 of 5 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.