Property Prices in Budva, Montenegro

Index Info
Price to Income Ratio: 17.62
Mortgage as Percentage of Income: 150.86%
Loan Affordability Index: 0.66
Price to Rent Ratio - City Centre: 22.32
Price to Rent Ratio - Outside of Centre: 23.16
Gross Rental Yield (City Centre): 4.48%
Gross Rental Yield (Outside of Centre): 4.32%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 700.00 € 600.00-750.00
1 Bedroom Apartment Outside of City Centre 471.80 € 400.00-650.00
3 Bedroom Apartment in City Centre 1,416.67 € 1,100.00-2,000.00
3 Bedroom Apartment Outside of City Centre 1,080.00 € 900.00-1,800.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 334.45 € 278.71-689.72
Price per Square Feet to Buy Apartment Outside of Centre 248.51 € 222.97-371.61
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 890.22 €
Annual Mortgage Interest Rate (20-Year Fixed, in %) 5.95 5.10-6.99

These data are based on 57 entries from 10 contributors over the past 18 months.
Last update: 31 January 2026

Sources and References
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far