Property Prices in Bar, Montenegro

Index Info
Price to Income Ratio: 10.42
Mortgage as Percentage of Income: 75.79%
Loan Affordability Index: 1.32
Price to Rent Ratio - City Centre: 24.39
Price to Rent Ratio - Outside of Centre: 27.00
Gross Rental Yield (City Centre): 4.10%
Gross Rental Yield (Outside of Centre): 3.70%

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Also, consider looking into aggregate data for Average in Montenegro

Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 283.33 € 250.00-300.00
Apartment (1 bedroom) Outside of Centre 173.33 € 120.00-200.00
Apartment (3 bedrooms) in City Centre 466.67 € 300.00-550.00
Apartment (3 bedrooms) Outside of Centre 433.33 € 400.00-450.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 134.71 € 102.19-167.22
Price per Square Feet to Buy Apartment Outside of Centre 111.48 €
Salaries And Financing
Average Monthly Net Salary (After Tax) 635.67 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.00

These data are based on 23 entries in the past 18 months from 4 different contributors.
Last update: February 2021

Sources and References
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1 Comments so far
Margarita Herzberg on Jan 24, 2021:
If I retire soon with around $ 1200.00 and savings How good can be for a tranquil life?.