Property Prices in Bar, Montenegro

Index
Price to Income Ratio:	18.21
Mortgage as Percentage of Income:	144.21%
Loan Affordability Index:	0.69
Price to Rent Ratio - City Centre:	19.45
Price to Rent Ratio - Outside of Centre:	20.68
Gross Rental Yield (City Centre):	5.14%
Gross Rental Yield (Outside of Centre):	4.84%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	570.00 €	500.00-700.00
Apartment (1 bedroom) Outside of Centre	449.79 €	400.00-500.00
Apartment (3 bedrooms) in City Centre	1,031.25 €	1,000.00-1,500.00
Apartment (3 bedrooms) Outside of Centre	778.33 €	700.00-850.00
Buy Apartment Price	Edit
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	Edit
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 59 entries in the past 18 months from 12 different contributors.
Last update: December 2024

Sources and References

Nearby cities:

Property Prices in Sutomore	5.04 miles
Property Prices in Petrovac	12.81 miles
Property Prices in Virpazar	14.12 miles
Property Prices in Ulcinj	17.84 miles
Property Prices in Budva	24.00 miles
Property Prices in Cetinje	31.56 miles
Property Prices in Podgorica	31.72 miles
Property Prices in Tuzi	33.22 miles
Property Prices in Kotor	36.81 miles
Property Prices in Bigova	37.37 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	22,100.00
GDP Growth Rate:	6.41%
Population Growth Rate:	-0.43%