Property Prices in Herceg Novi, Montenegro

Index Info
Price to Income Ratio: 15.62
Mortgage as Percentange of Income: 145.37%
Loan Affordability Index: 0.69
Price to Rent Ratio - City Centre: 28.17
Price to Rent Ratio - Outside of Centre: 28.65
Gross Rental Yield (City Centre): 3.55%
Gross Rental Yield (Outside of Centre): 3.49%
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Rent Per Month [ Edit ] Avg. Range
Apartment (1 bedroom) in City Centre 250.00 € 200.00-300.00
Apartment (1 bedroom) Outside of Centre 160.00 € 120.00-200.00
Apartment (3 bedrooms) in City Centre 475.00 € 400.00-550.00
Apartment (3 bedrooms) Outside of Centre 400.00 € 350.00-450.00
Buy Apartment Price [ Edit ] Avg.
Price per Square Feet to Buy Apartment in City Centre 146.32 € 144.00-148.64
Price per Square Feet to Buy Apartment Outside of Centre 109.16 € 102.19-116.13
Salaries And Financing [ Edit ] Avg.
Average Monthly Disposable Salary (Net After Tax) 440.00 €
Mortgage Interest Rate in Percentages (%), Yearly 7.00

These data are based on 15 entries in the past 18 months from 2 different contributors.
Last update: May, 2016

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