Property Prices in Podgorica, Montenegro

Index Info
Price to Income Ratio: 11.72
Mortgage as Percentage of Income: 101.15%
Loan Affordability Index: 0.99
Price to Rent Ratio - City Centre: 18.63
Price to Rent Ratio - Outside of Centre: 19.24
Gross Rental Yield (City Centre): 5.37%
Gross Rental Yield (Outside of Centre): 5.20%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 544.80 € 450.00-600.00
Apartment (1 bedroom) Outside of Centre 420.42 € 350.00-500.00
Apartment (3 bedrooms) in City Centre 961.30 € 800.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 717.62 € 600.00-1,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 203.90 € 171.87-260.13
Price per Square Feet to Buy Apartment Outside of Centre 160.13 € 130.06-185.80
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 835.72 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.05 5.00-7.00

These data are based on 259 entries in the past 18 months from 39 different contributors.
Last update: November 2024

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far