Property Prices in Budva, Montenegro

Index Info
Price to Income Ratio: 17.20
Mortgage as Percentage of Income: 158.41%
Loan Affordability Index: 0.63
Price to Rent Ratio - City Centre: 16.50
Price to Rent Ratio - Outside of Centre: 16.43
Gross Rental Yield (City Centre): 6.06%
Gross Rental Yield (Outside of Centre): 6.09%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 673.33 € 600.00-800.00
Apartment (1 bedroom) Outside of Centre 525.00 € 450.00-650.00
Apartment (3 bedrooms) in City Centre 1,546.67 € 1,500.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,160.71 € 800.00-1,500.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 253.16 € 157.93-464.51
Price per Square Feet to Buy Apartment Outside of Centre 192.77 € 148.64-232.26
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 697.50 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.87 5.00-10.00

These data are based on 111 entries in the past 18 months from 23 different contributors.
Last update: May 2023

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far