Property Prices in Podgorica, Montenegro

Index
Price to Income Ratio:	13.01
Mortgage as Percentage of Income:	119.06%
Loan Affordability Index:	0.84
Price to Rent Ratio - City Centre:	20.61
Price to Rent Ratio - Outside of Centre:	21.49
Gross Rental Yield (City Centre):	4.85%
Gross Rental Yield (Outside of Centre):	4.65%

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	323.48 €	250.00-400.00
Apartment (1 bedroom) Outside of Centre	232.50 €	180.00-300.00
Apartment (3 bedrooms) in City Centre	572.73 €	400.00-900.00
Apartment (3 bedrooms) Outside of Centre	414.76 €	300.00-500.00
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	134.11 €	111.48-185.80
Price per Square Feet to Buy Apartment Outside of Centre	100.85 €	83.61-120.77
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	486.03 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	6.79	4.60-10.00

These data are based on 259 entries in the past 18 months from 43 different contributors.
Last update: November 2020

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