Property Prices Comparison Between Montenegro and Greece

For major cities in those countries you get more relevant data by specifying cities.

City in Montenegro:
City in Greece:

Index	Montenegro	Greece
Price to Income Ratio:	12.65	13.37
Mortgage as Percentage of Income:	107.92%	101.19%
Loan Affordability Index:	0.93	0.99
Price to Rent Ratio - City Centre:	16.38	25.37
Price to Rent Ratio - Outside of Centre:	17.03	25.60
Gross Rental Yield (City Centre):	6.11%	3.94%
Gross Rental Yield (Outside of Centre):	5.87%	3.91%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Montenegro Edit	Greece Edit	Difference
Apartment (1 bedroom) in City Centre	608.42 €	500.71 €	-17.7 %
Apartment (1 bedroom) Outside of Centre	465.49 €	399.88 €	-14.1 %
Apartment (3 bedrooms) in City Centre	1,133.02 €	832.89 €	-26.5 %
Apartment (3 bedrooms) Outside of Centre	826.21 €	699.80 €	-15.3 %
Buy Apartment Price	Montenegro Edit	Greece Edit
Price per Square Feet to Buy Apartment in City Centre	205.12 €	248.68 €	+21.2 %
Price per Square Feet to Buy Apartment Outside of Centre	159.66 €	204.91 €	+28.3 %
Salaries And Financing	Montenegro Edit	Greece Edit
Average Monthly Net Salary (After Tax)	776.16 €	913.14 €	+17.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.91	4.47	-24.4 %
Last update:	May 2024	May 2024
Contributors in the past 12 months:	121	352

Country data (source The World Bank, 2024)	Montenegro	Greece
GDP Per Capita (PPP) ($) :	22,100.00	31,700.00
GDP Growth Rate:	6.41	5.56
Population Growth Rate:	-0.43	-0.35

Moving to Montenegro? Explore:

Moving to Greece? Explore:

Other comparisons Montenegro vs Greece:

About In the News Newsletter API

Copyright © 2009-2024 Numbeo. Your use of this service is subject to our Terms of Use and Privacy Policy