Property Prices in Herceg Novi, Montenegro
| Index |  |
|---|---|
| Price to Income Ratio: | 13.85 |
| Mortgage as Percentage of Income: | 105.16% |
| Loan Affordability Index: | 0.95 |
| Price to Rent Ratio - City Centre: | 20.25 |
| Price to Rent Ratio - Outside of Centre: | 21.45 |
| Gross Rental Yield (City Centre): | 4.94% |
| Gross Rental Yield (Outside of Centre): | 4.66% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 600.00 € | |
| Apartment (1 bedroom) Outside of Centre | 433.33 € | |
| Apartment (3 bedrooms) in City Centre | 1,033.33 € | |
| Apartment (3 bedrooms) Outside of Centre | 691.67 € | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 241.55 € | |
| Price per Square Feet to Buy Apartment Outside of Centre | 178.84 € | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 816.67 € | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.50 |
These data are based on 51 entries in the past 18 months from 9 different contributors.
Last update: September 2023
Sources and References
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