Property Prices in Herceg Novi, Montenegro

Index Info
Price to Income Ratio: 16.73
Mortgage as Percentange of Income: 155.66%
Loan Affordability Index: 0.64
Price to Rent Ratio - City Centre: 32.32
Price to Rent Ratio - Outside of Centre: 32.51
Gross Rental Yield (City Centre): 3.09%
Gross Rental Yield (Outside of Centre): 3.08%
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Rent Per Month [ Edit ] Avg. Range
Apartment (1 bedroom) in City Centre 250.00 € 200.00-300.00
Apartment (1 bedroom) Outside of Centre 162.50 € 125.00-200.00
Apartment (3 bedrooms) in City Centre 400.00 € 250.00-550.00
Apartment (3 bedrooms) Outside of Centre 333.33 € 200.00-450.00
Buy Apartment Price [ Edit ] Avg.
Price per Square Meter to Buy Apartment in City Centre 1,675.00 € 1,650.00-1,700.00
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 (Net After Tax) 433.33 € 400.00-450.00
Mortgage Interest Rate in Percentages (%), Yearly 7.00

These data are based on 18 entries in the past 18 months from 3 different contributors.
Last update: November, 2015

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