Property Prices in Montenegro

Index Info
Price to Income Ratio: 12.31
Mortgage as Percentage of Income: 106.00%
Loan Affordability Index: 0.94
Price to Rent Ratio - City Centre: 15.77
Price to Rent Ratio - Outside of Centre: 16.54
Gross Rental Yield (City Centre): 6.34%
Gross Rental Yield (Outside of Centre): 6.04%
Rent Per Month
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Apartment (1 bedroom) in City Centre 597.36 € 450.00-900.00
Apartment (1 bedroom) Outside of Centre 449.54 € 300.00-650.00
Apartment (3 bedrooms) in City Centre 1,112.71 € 700.00-1,800.00
Apartment (3 bedrooms) Outside of Centre 810.19 € 500.00-1,300.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 194.00 € 139.35-278.71
Price per Square Feet to Buy Apartment Outside of Centre 150.82 € 111.48-204.38
Salaries And Financing
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Average Monthly Net Salary (After Tax) 753.83 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.02 4.00-7.00

These data are based on 585 entries in the past 18 months from 113 different contributors.
Last update: February 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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