Property Prices in Montenegro

Index
Price to Income Ratio:	14.36
Mortgage as Percentage of Income:	122.76%
Loan Affordability Index:	0.81
Price to Rent Ratio - City Centre:	24.26
Price to Rent Ratio - Outside of Centre:	23.31
Gross Rental Yield (City Centre):	4.12%
Gross Rental Yield (Outside of Centre):	4.29%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	311.38 €	200.00-450.00
Apartment (1 bedroom) Outside of Centre	229.64 €	150.00-300.00
Apartment (3 bedrooms) in City Centre	564.12 €	300.00-900.00
Apartment (3 bedrooms) Outside of Centre	415.00 €	250.00-650.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	153.55 €	111.48-232.26
Price per Square Feet to Buy Apartment Outside of Centre	108.70 €	92.90-148.64
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	491.31 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.93	4.00-8.00

These data are based on 427 entries in the past 18 months from 73 different contributors.
Last update: June 2021
Our data for each country are based on all entries from all cities in that country.

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