Waterfront 2bdr Apartment Tara

Area: 138 m2 (116 m2 + 22 m2 terrace)

Bedrooms: 2

Bathrooms: 2 + 1

Unique waterfront two-bedroom apartment of 138 m2 in Tara building, overlooking Venice Square and marina.

It is well-proportioned and contains a spacious open-plan living room with a kitchen and dining area, two en suite bedrooms, a guest toilet, and a large pergola-covered terrace of 22 m2 with a sea view. The apartment is for sale fully furnished.

Tara building is one of the most sought-after residencies in Porto Montenegro, due to its design, final finishings, convenient location in the center of the Village, and beautiful landscaped terraces and common areas. The residents have at their disposal a communal swimming pool with a sea view, a gym, reception and security 24/7, concierge services, and property management.

At 9,420 € per m² this listing sits about 17% above the median for Porto Montenegro, which stands at 8,082 € per m² across the 27 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 27 properties in Porto Montenegro, running from €400,000 to €2,750,000; by price this one ranks 6 of 27. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €1,300,000 for 138 m², transfer tax comes to €70,000 — an effective 5.4%. 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 77 other for sale listings, asking between €125,440 and €5,500,000, with a median of €580,000. At €1,300,000 for 138 m² this one ranks 18 of 78 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.