Property Prices in Podgorica, Montenegro

Index Info
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

Sources and References
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