Property Prices in Bar, Montenegro

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Index Info
Price to Income Ratio: 18.21
Mortgage as Percentage of Income: 144.21%
Loan Affordability Index: 0.69
Price to Rent Ratio - City Centre: 19.56
Price to Rent Ratio - Outside of Centre: 21.07
Gross Rental Yield (City Centre): 5.11%
Gross Rental Yield (Outside of Centre): 4.75%
Rent Per Month
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Apartment (1 bedroom) in City Centre 576.25 € 530.00-700.00
Apartment (1 bedroom) Outside of Centre 449.79 € 400.00-500.00
Apartment (3 bedrooms) in City Centre 1,005.00 € 900.00-1,500.00
Apartment (3 bedrooms) Outside of Centre 745.00 € 600.00-850.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 225.29 € 185.80-278.71
Price per Square Feet to Buy Apartment Outside of Centre 185.22 € 167.22-222.97
Salaries And Financing
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Average Monthly Net Salary (After Tax) 606.67 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.00 5.00-5.00

These data are based on 60 entries from 12 contributors over the past 18 months.
Last update: March 2025

Sources and References
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1 Comments so far
Margarita Herzberg on Jan 24, 2021:
If I retire soon with around $ 1200.00 and savings How good can be for a tranquil life?.