Property Market Data for Montenegro

Selected Cities in Montenegro

Property Index Value
House Price to Income Ratio 15.11
55
Mortgage as % of Income 166.03
59
Loan Affordability Index 0.60
116
Price to Rent Ratio City Centre 26.25
42
Price to Rent Ratio Outside Centre 27.83
35
Gross Rental Yield City Centre 3.81
139
Gross Rental Yield Outside Centre 3.59
142

Macro Data Value
GDP Per Capita ($) 7378.35
GDP Growth Rate 1.78
Population Growth Rate 0.10

Median Income Value Range
Net monthly disposable income 436.91 350.00 - 485.00
Annual mortgage interest rate % 9.25 7.00 - 12.00

Rental Per Month Value Range
Apartment (1 bed) in City Centre 279.05 175.00 - 300.00
Apartment (1 bed) Outside Centre 179.05 120.00 - 250.00
Apartment (3 bed) in City Centre 475.00 250.00 - 600.00
Apartment (3 bed) Outside Centre 318.26 150.00 - 450.00
Price to Rent Ratio City Centre 26.25 26.25 - 26.25
Price to Rent Ratio Outside Centre 27.83 27.83 - 27.83
Gross Rental Yield City Centre 3.81 3.81 - 3.81
Gross Rental Yield Outside Centre 3.59 3.59 - 3.59

Price Per Sq.ft. Value Range
City Centre Apartment Prices 144.84 1,300.00 - 4,500.00
Outside Centre Apartment Prices 100.45 1,000.00 - 2,300.00