Property Prices in Montenegro

Index
Price to Income Ratio:	14.42
Mortgage as Percentage of Income:	126.68%
Loan Affordability Index:	0.79
Price to Rent Ratio - City Centre:	24.01
Price to Rent Ratio - Outside of Centre:	23.79
Gross Rental Yield (City Centre):	4.16%
Gross Rental Yield (Outside of Centre):	4.20%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	313.21 €	200.00-450.00
Apartment (1 bedroom) Outside of Centre	224.40 €	150.00-300.00
Apartment (3 bedrooms) in City Centre	549.41 €	300.00-900.00
Apartment (3 bedrooms) Outside of Centre	405.68 €	250.00-650.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	150.71 €	111.48-232.26
Price per Square Feet to Buy Apartment Outside of Centre	108.43 €	83.61-148.64
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	483.69 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	6.27	4.00-10.00

These data are based on 436 entries in the past 18 months from 75 different contributors.
Last update: February 2021
Our data for each country are based on all entries from all cities in that country.

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