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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: 41.23
Price to Rent Ratio - Outside of Centre: 42.36
Gross Rental Yield (City Centre): 2.43%
Gross Rental Yield (Outside of Centre): 2.36%

Currency: Default Currency      Switch to imperial measurement units
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Rent Per Month [Edit] Avg.
Range
Apartment (1 bedroom) in City Centre 193.75 €
175.00
200.00
Apartment (1 bedroom) Outside of Centre 121.67 €
120.00
125.00
Apartment (3 bedrooms) in City Centre 300.00 €
250.00
350.00
Apartment (3 bedrooms) Outside of Centre 262.50 €
200.00
350.00
Buy Apartment Price [Edit] Avg.
Price per Square Meter to Buy Apartment in City Centre 1,633.33 €
1,550.00
1,700.00
Price per Square Meter to Buy Apartment Outside of Centre 1,225.00 €
1,200.00
1,250.00
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 190 entries in the past 18 months from 11 different contributors.

Last update: December, 2014

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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