Property Prices in Herceg Novi, Montenegro
| Index |  |
|---|---|
| Price to Income Ratio: | 17.22 |
| Mortgage as Percentage of Income: | 125.24% |
| Loan Affordability Index: | 0.80 |
| Price to Rent Ratio - City Centre: | 25.72 |
| Price to Rent Ratio - Outside of Centre: | 27.87 |
| Gross Rental Yield (City Centre): | 3.89% |
| Gross Rental Yield (Outside of Centre): | 3.59% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 440.00 € | |
| Apartment (1 bedroom) Outside of Centre | 320.00 € | |
| Apartment (3 bedrooms) in City Centre | 790.00 € | |
| Apartment (3 bedrooms) Outside of Centre | 562.50 € | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 229.16 € | |
| Price per Square Feet to Buy Apartment Outside of Centre | 178.84 € | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 637.50 € | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.00 |
These data are based on 42 entries in the past 18 months from 7 different contributors.
Last update: April 2023
Sources and References
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