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Property Prices in Herceg Novi, Montenegro

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Index Info
Price to Income Ratio: 16.81
Mortgage as Percentange of Income: 156.43%
Loan Affordability Index: 0.64
Price to Rent Ratio - City Centre: 37.52
Price to Rent Ratio - Outside of Centre: 36.77
Gross Rental Yield (City Centre): 2.66%
Gross Rental Yield (Outside of Centre): 2.72%

Currency: Sticky Currency      Switch to metric measurement units
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Rent Per Month [Edit] Avg.
Range
Apartment (1 bedroom) in City Centre 215.00 €
175.00
300.00
Apartment (1 bedroom) Outside of Centre 141.25 €
120.00
200.00
Apartment (3 bedrooms) in City Centre 325.00 €
250.00
400.00
Apartment (3 bedrooms) Outside of Centre 300.00 €
200.00
450.00
Buy Apartment Price [Edit] Avg.
Price per Square Feet to Buy Apartment in City Centre 151.74 €
144.00
157.93
Price per Square Feet to Buy Apartment Outside of Centre 113.81 €
111.48
116.13
Salaries And Financing [Edit] Avg.
Average Monthly Disposable Salary (After Tax) 425.00 €
400.00
450.00
Mortgage Interest Rate in Percentages (%), Yearly 7.00

These data are based on 212 entries in the past 18 months from 13 different contributors.

Last update: July, 2015

country data (source CIA, 2013)
GDP Per Capita ($) : 11,900.00
GDP Growth Rate: 1.50%
Population Growth Rate: -0.49%
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