€657,000

Elena Residence is the newest building in the Superyacht Marina Porto Montenegro.
Elena Di Savoia, who inspired Elena Residence, was a Montenegrin Princess born in the Royal Capital of Cetinje in 1871. She married the future King of Italy, Victor Emmanuel III, in Rome in 1896. These residences are inspired by the Italian Queen.
The apartments feature contemporary design with elegant finishes, regal furnishings, and Italian-inspired décor. High ceilings and retractable glass doors maximise natural light, while extensive terraces provide space for outdoor relaxation and entertaining.
These apartments offer intimate waterfront living, a central boulevard location with attractive on-site retail and dining amenities, bespoke servicing and furnishing solutions, and contemporary design inspired by the Italian Riviera. Situated between the bay and neighbouring mountains, residents enjoy a swimming pool, gym, and 24-hour concierge.
The Elena Residence offers 50 luxury freehold residences — studio, 1-, 2-, and 3-bedroom configurations. They feature sea and mountain views, access to an exclusive owners’ club and dedicated lifestyle team, direct access to the central boulevard, premium furnishings, furniture packages, and onsite interior design services.
Porto Montenegro is 3.7 km away from Tivat Airport, 11.3 km from Kotor Old Town, and 24 km from Budva.
Room Total m² (external and internal) — Bedrooms — Price
101 — 145.67 m² — 2 Bed — EUR 657,000 — SOLD
105 — 159.99 m² — 2 Bed — EUR 1,061,000 — SOLD
149 — 1,144.97 m² — 2 Bed — EUR 1,061,000 — SOLD
.34 m² — 2 Bed — EUR 833,000 — UNAVAILABLE
205 — 174.57 m² — 2 Bed — EUR 1,565,000 — SOLD
.57 m² — 2 Bed — EUR 1,565,000 — SOLD
.90 m² — 2 Bed — EUR 785,000 — RESERVED
304 — 174.57 m² — 2 Bed — EUR 1,628,000 — SOLD
.57 m² — 2 Bed — EUR 1,628,000 — SOLD
.00 m² — 2 Bed — EUR 798,000 — SOLD
404 — 174.57 m² — 2 Bed — EUR 1,689,000 — SOLD
.57 m² — 2 Bed — EUR 1,689,000 — SOLD
.94 m² — 2 Bed — EUR 793,000 — SOLD
Parking is available at an extra cost of EUR 35,000.
ntRealty is a Real Estate Agency based in Tivat, Montenegro, headed by British businessman Peter Flynn, who has lived in the area since 2005 and focused his efforts in various aspects of real estate, including development, architecture, interior design, and investing in real estate in the area. The Tivat office is run by a team of professionals who really understand the local market. The team is there to help guide you through the buying (or selling) process, and we pride ourselves on giving a high level of service in a polite, friendly, and efficient way.
ntRealty specializes in properties for sale all around the Bay of Kotor, Tivat Bay, and Lustica, and our clients range from Porto Montenegro and Lustica Bay to hundreds of private individuals who put their trust in our operation.

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Rental agreements in Montenegro are legally binding contracts that outline the terms and conditions of the rental arrangement. It is important to ensure that the agreement includes key details such as the rental amount, payment schedule, duration of the lease, and responsibilities of both the landlord and tenant.
Additionally, it is advisable to clarify any rules regarding pets, maintenance, and termination of the lease. If you have any questions or concerns, it is wise to consult with a legal expert to ensure that your rights are protected.
Buying property in Montenegro offers several advantages. The country boasts stunning natural beauty, a favorable climate, and a growing economy, making it an attractive destination for both living and investment. Additionally, property prices in Montenegro are generally lower than in many Western European countries, providing excellent value for money.
Furthermore, Montenegro has a straightforward property purchase process for foreigners, and the potential for rental income from tourism is significant. Overall, investing in Montenegrin real estate can be a rewarding opportunity.
All costs associated with the purchase, including notary fees, real estate transfer tax (if applicable), and any legal fees, are the sole responsibility of the buyer. ntRealty bears no responsibility for the correctness of the information published here, which is based exclusively upon details provided to us by the property owner(s). ntRealty has no obligation to update, modify, or amend this listing or to notify a reader if any information, including urbanistic or cadastral data, subsequently becomes inaccurate. All listings are subject to prior sale. Agency Commission: No agency commission is charged to the buyer. The agency fee is paid by the seller.
Are you interested in buying a home? Look no further than working with our real estate experts.