Property Prices in Tivat, Montenegro

Index Info
Price to Income Ratio: 16.93
Mortgage as Percentage of Income: 139.45%
Loan Affordability Index: 0.72
Price to Rent Ratio - City Centre: 19.25
Price to Rent Ratio - Outside of Centre: 21.07
Gross Rental Yield (City Centre): 5.19%
Gross Rental Yield (Outside of Centre): 4.75%
Rent Per Month
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Apartment (1 bedroom) in City Centre 741.67 € 600.00-1,200.00
Apartment (1 bedroom) Outside of Centre 540.00 € 400.00-800.00
Apartment (3 bedrooms) in City Centre 1,225.00 € 1,000.00-1,800.00
Apartment (3 bedrooms) Outside of Centre 900.00 € 750.00-1,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 278.71 € 232.26-325.16
Price per Square Feet to Buy Apartment Outside of Centre 222.97 € 185.80-278.71
Salaries And Financing
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Average Monthly Net Salary (After Tax) 797.17 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.47 4.99-5.95

These data are based on 76 entries in the past 18 months from 19 different contributors.
Last update: May 2024

Sources and References
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