Property Prices in Montenegro

Index Info
Price to Income Ratio: 13.26
Mortgage as Percentage of Income: 106.65%
Loan Affordability Index: 0.94
Price to Rent Ratio - City Centre: 18.38
Price to Rent Ratio - Outside of Centre: 20.05
Gross Rental Yield (City Centre): 5.44%
Gross Rental Yield (Outside of Centre): 4.99%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 433.75 € 300.00-650.00
Apartment (1 bedroom) Outside of Centre 308.86 € 200.00-500.00
Apartment (3 bedrooms) in City Centre 888.10 € 500.00-1,500.00
Apartment (3 bedrooms) Outside of Centre 610.53 € 400.00-1,300.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 171.57 € 120.77-278.71
Price per Square Feet to Buy Apartment Outside of Centre 131.10 € 92.90-195.09
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 614.21 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.19 4.00-7.00

These data are based on 439 entries in the past 18 months from 75 different contributors.
Last update: February 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
This page in other languages: