Property Prices in Montenegro

Index
Price to Income Ratio:	13.43
Mortgage as Percentage of Income:	109.67%
Loan Affordability Index:	0.91
Price to Rent Ratio - City Centre:	20.66
Price to Rent Ratio - Outside of Centre:	20.92
Gross Rental Yield (City Centre):	4.84%
Gross Rental Yield (Outside of Centre):	4.78%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	337.67 €	250.00-600.00
Apartment (1 bedroom) Outside of Centre	253.38 €	175.00-380.00
Apartment (3 bedrooms) in City Centre	724.19 €	400.00-1,500.00
Apartment (3 bedrooms) Outside of Centre	511.88 €	300.00-1,300.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	153.62 €	111.48-232.26
Price per Square Feet to Buy Apartment Outside of Centre	113.34 €	83.61-185.80
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	535.09 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.37	4.00-8.00

These data are based on 352 entries in the past 18 months from 54 different contributors.
Last update: June 2022
Our data for each country are based on all entries from all cities in that country.

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