Property Prices in Budva, Montenegro

Index Info
Price to Income Ratio: 19.28
Mortgage as Percentage of Income: 193.50%
Loan Affordability Index: 0.52
Price to Rent Ratio - City Centre: 29.25
Price to Rent Ratio - Outside of Centre: 21.99
Gross Rental Yield (City Centre): 3.42%
Gross Rental Yield (Outside of Centre): 4.55%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 395.00 € 350.00-450.00
Apartment (1 bedroom) Outside of Centre 316.67 € 300.00-350.00
Apartment (3 bedrooms) in City Centre 666.67 € 600.00-700.00
Apartment (3 bedrooms) Outside of Centre 533.33 € 450.00-650.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 227.61 € 167.22-278.71
Price per Square Feet to Buy Apartment Outside of Centre 137.03 € 111.48-157.93
Salaries And Financing
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Average Monthly Net Salary (After Tax) 509.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.00 6.00-10.00

These data are based on 34 entries in the past 18 months from 6 different contributors.
Last update: September 2020

Sources and References
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