Property Prices in Kotor, Montenegro

Index Info
Price to Income Ratio: 22.97
Mortgage as Percentage of Income: 164.13%
Loan Affordability Index: 0.61
Price to Rent Ratio - City Centre: 31.84
Price to Rent Ratio - Outside of Centre: 29.19
Gross Rental Yield (City Centre): 3.14%
Gross Rental Yield (Outside of Centre): 3.43%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 474.53 € 423.60-550.00
Apartment (1 bedroom) Outside of Centre 300.00 € 250.00-350.00
Apartment (3 bedrooms) in City Centre 683.33 € 450.00-1,000.00
Apartment (3 bedrooms) Outside of Centre 533.33 € 400.00-700.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 278.71 € 185.80-418.06
Price per Square Feet to Buy Apartment Outside of Centre 176.51 € 120.77-260.13
Salaries And Financing
Average Monthly Net Salary (After Tax) 533.33 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.80 3.40-4.00

These data are based on 26 entries in the past 18 months from 4 different contributors.
Last update: January 2023

Sources and References
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