Resale Apartments in Porto Montenegro, Luxury Private Sales
Porto Montenegro, in addition to new apartments from developers, offers a variety of resale apartments from private owners on the secondary market. Unlike other developments, the Porto Montenegro resort boasts a significant number of resale apartments, ranging from one to four-bedroom apartments and penthouses. The resale market is quite active, with some popular residences changing hands multiple times. Beyond rental income, many owners benefit from appreciation (capital gains) within just a few years. The trend of increasing prices for luxury residences continues, and according to analysts, it is expected to persist for at least the next few years. This makes resale apartments in Porto Montenegro a particularly attractive option for investors.
Porto Montenegro Resale Market – Private Residences for Sale
Individual owners of apartments in Porto Montenegro can list their properties with various real estate agents. However, only a few agents have a robust network of clients and a proven sales track record. The majority of property ads on the internet are outdated, with incorrect prices or even inaccurate information. The resale market in Porto Montenegro is volatile in terms of pricing, and most agents struggle to keep up with these changes. Potential buyers should always schedule meetings with agents, request property viewings, and only deal with expert agents who thoroughly understand Porto Montenegro, such as the Montenegro Luxury sales team.
Whether you are looking for a luxury penthouse or a cozy one-bedroom apartment, the resale market in Porto Montenegro offers a diverse range of options to meet various needs and budgets. With the continued growth of the area’s popularity as a luxury destination, investing in resale apartments in Porto Montenegro is not only a chance to own a piece of this prestigious location but also to potentially benefit from the strong market dynamics.
Two Main Categories of Private Residences for Sale in Porto Montenegro
Regent Hotel Apartments for Sale from Private Owners (Resale)
The Regent hotel properties are housed in three buildings, all serviced by the hotel. Most private property owners benefit from rental pool yields managed by the hotel. Each building (Venezia, Aqua, and Baia) represents its own rental pool. Revenues depend on the hotel operations each quarter of the year. The earnings of each building’s rental pool also depend on the hotel’s booking policy and the sale of rooms in each building. Prospective buyers should consider this before purchasing this type of property. Resale apartments in Porto Montenegro, particularly those within the Regent Hotel, offer both luxury living and investment opportunities with the added benefit of hotel-managed rental income.
Property Prices:
Studio Apartment: Size: 42-44m2; Price: 350,000 – 365,000 EUR (including furniture); mountain view.
One Bedroom Apartment: Size: 70-80m2; Price: 640,000 – 740,000 EUR (including furniture); pool and side view.
Two Bedroom Apartment: Size: 130-185m2; Price: 1,650,000 – 2,200,000 EUR (including furniture and garage parking).
Three Bedroom Apartment: Size: 190-270m2; Price: 1,550,000 – 2,800,000 EUR (including furniture and garage parking).
Penthouse Residence: Size: 270-620m2; Price: 2,800,000 – 5,800,000 EUR (including furniture and garage parking).
Get the best offers on resale apartments in Porto Montenegro with Montenegro Luxury Real Estate.
Porto Montenegro Resale Market – Apartments for Sale from Private Owners (Resale)
Resale apartments in the village of Porto Montenegro are available in seven completed buildings: Teuta, Ozana, Ksenija, Zeta, Milena, Tara, and Elena. Property sizes range from 40m2 studios to 400m2 penthouses. Each building has a communal pool dedicated exclusively to homeowners and tenants of that building. Penthouse units typically feature private rooftop pools. Nearly all apartments come with private parking in the building’s garage. Construction of the first building began in 2008 (Teuta), and the latest was completed in 2021 (Elena). All buildings in Porto Montenegro are covered by 24/7 reception service and security, ensuring a high level of safety and convenience for residents. Apartment owners can rent their properties through Porto’s rental agency (agency fee: 15% – 20%). Resale apartments in Porto Montenegro provide a unique opportunity to invest in an established luxury community while benefiting from the amenities and security of a high-end resort.
Property Prices:
Studio Apartment: Size: 37-44m2; Price: 370,000 – 390,000 EUR (including furniture); mountain view.
One Bedroom Apartment: Size: 63-80m2; Price: 600,000 – 650,000 EUR (including furniture); pool and side view.
Two Bedroom Apartment: Size: 120-280m2; Price: 1,000,000 – 2,000,000 EUR (including furniture and garage parking).
Three/Four Bedroom Apartments & Penthouses: Size: 140-400m2; Price: 1,500,000 – 3,500,000 EUR (including furniture and garage parking); sea view.
Find the most exclusive resale apartments in Porto Montenegro with Montenegro Luxury Real Estate.
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At Montenegro Luxury Real Estate, we are your trusted partner in exploring the finest properties in Porto Montenegro. Whether you’re looking for a luxury apartment, a penthouse with stunning views, or an investment property, our team is here to provide professional, unbiased advice to help you find your dream home. Let us guide you through the diverse offerings of Porto Montenegro and assist you in making an informed decision.
Frequently Asked Questions
Porto Montenegro offers a wide range of resale apartments from private owners, including studios, one to four-bedroom apartments, and luxurious penthouses. These properties are located in prestigious buildings within the Porto Montenegro resort, such as Teuta, Ozana, Ksenija, Zeta, Milena, Tara, and Elena, as well as in the Regent Hotel residences.
Prices for resale apartments in Porto Montenegro vary based on the size, location, and view:
- Studio Apartments: €370,000 – €390,000
- One Bedroom Apartments: €600,000 – €740,000
- Two Bedroom Apartments: €1,000,000 – €2,200,000
- Three/Four Bedroom Apartments & Penthouses: €1,500,000 – €5,800,000
Purchasing a resale apartment in Porto Montenegro offers several benefits, including the potential for rental income, capital appreciation, and immediate access to a well-established luxury community. Many resale properties come fully furnished and include additional amenities such as garage parking and access to private pools.
Residents of Porto Montenegro enjoy access to a range of exclusive amenities, including private beaches, marinas, a 5-star hotel (The Regent), a golf course, the Lungomare promenade, shops, restaurants, sports facilities, and 24/7 security. Additionally, penthouse units often feature private rooftop pools.
The Regent Hotel apartments are part of a rental pool managed by the hotel, where owners receive income based on the hotel’s performance each quarter. Each building (Venezia, Aqua, and Baia) has its own rental pool, and the earnings depend on the hotel’s booking policies and overall room sales.
Yes, investing in resale apartments in Porto Montenegro is considered a strong investment due to the resort’s strategic location, the ongoing trend of price appreciation, and the high demand for luxury properties. The active resale market also allows for potential capital gains and rental income, making it an attractive option for investors.
Get in Touch for Your Ideal Property in PORTO MONTENEGRO
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Contact us today to schedule a consultation and learn more about the opportunities awaiting you in Porto Montenegro. Reach out via email or call us at +382 67 641 132
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