Property Prices in Tivat, Montenegro

Index Info
Price to Income Ratio: 16.06
Mortgage as Percentage of Income: 126.27%
Loan Affordability Index: 0.79
Price to Rent Ratio - City Centre: 16.00
Price to Rent Ratio - Outside of Centre: 20.01
Gross Rental Yield (City Centre): 6.25%
Gross Rental Yield (Outside of Centre): 5.00%
Rent Per Month
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Apartment (1 bedroom) in City Centre 887.50 € 650.00-1,200.00
Apartment (1 bedroom) Outside of Centre 633.33 € 450.00-800.00
Apartment (3 bedrooms) in City Centre 1,675.00 € 1,400.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,050.00 € 750.00-1,600.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 294.19 € 278.71-325.16
Price per Square Feet to Buy Apartment Outside of Centre 247.74 € 232.26-278.71
Salaries And Financing
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Average Monthly Net Salary (After Tax) 908.25 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.92 4.00-5.95

These data are based on 47 entries in the past 18 months from 12 different contributors.
Last update: October 2024

Sources and References
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