Real estate prices in Montenegro increased by an average of 3-7% in 2021, according to the international agency Colliers. At the same time, objects in new buildings have risen in price by 10-13%. The most expensive housing in the capital of Montenegro is located in the municipalities of Podgorica I and Podropica II.
Real estate prices in Montenegro
In 2021, the average cost of housing in these areas reached 1,683 € per m² in new buildings, which is almost 7% higher than in 2020. The cost of objects in the secondary market averaged 1,150 € per m².
Real estate in coastal cities
Real estate in coastal cities costs an average of 1,445 € per m² in the first quarter of 2022 (according to the statistical office of Montenegro). In popular resorts, real estate prices are higher:
- in Budva - 1,838 € per m²;
- in Tivat - 1,870 € per m²;
- in Kotor - 2025 € per m².
Prices for flats and apartments in Montenegro
Prices for apartments with an area of 50-60 sq.m. in new residential complexes start from 200 thousand euros. The property is furnished and ready to move in.
The cost of apartments on the first line of the sea starts from 250 thousand euros. New apartments with an area of 90-100 sq.m with 2-3 bedrooms, fully finished, cost from 300 thousand euros.
Prices for villas and houses in Montenegro
Absolutely new villas with a designer interior with an area of 520-600 sq.m with 4-5 rooms cost from 600 thousand euros. Such objects are located 500-700 meters from the coastline.
Villas in close proximity to the sea, with a private pool and a large plot, cost from 800 thousand to 1.2 million euros.
Montenegrin Citizenship for Investment
Until the end of 2022, the Montenegrin Citizenship for Investment program operates in Montenegro. Investors can buy a profitable property by obtaining a profitable asset and citizenship in a European country. To do this, the investor simultaneously fulfills two financial conditions:
- makes a non-refundable contribution to a specially created state fund of Montenegro in the amount of 200,000 €;
- acquires a share in a real estate project worth 250,000 €.
Read more about the program here.
Properties in Montenegro
Special offers of real estate abroad
- upon request
- Commercial apartment building, For sale
- ID: LV-143885
- Latvia, Riga, Centre
For sale Exclusive Household in the center of Riga
- € 3 500 000
- House, For sale
- ID: LV-1356
- Latvia, Riga, Old town
Exclusive private house in the heart of the Old Town
- upon request
- House, For sale
- ID: LV-1529
- Latvia, Jurmala and region, Asari
Feel atmosphere of the Baltic sea resort! Private scandinavian style house for sale in Jurmala.
- € 720 000
- Apartment, For sale
- ID: LV-163935
- Latvia, Riga, Centre
Luxury iving in a brand new premium townhouse overlooking a park with a pond in the very center of Riga
- € 399 000
- Apartment, For sale
- ID: TH-245-157230
- Thailand, Phuket, Bang Tao
1-Bedroom Luxury Apartment with Private Garden and Jacuzzi near the ocean – 82 sqm of Eco-Friendly and Wellness-Focused Living
- € 1 950 000
- House, For sale
- ID: LV-163492
- Latvia, Jurmala and region, Majori
Exclusive Villa for Long-Term Rent in Jūrmala, Dzintari
- upon request
- Penthouse, For sale
- ID: CY-193-98877
- Cyprus, Limassol, Limassol Coastal road
Luxury residence for sale in Cyprus
- € 550 000
- House, For sale
- ID: ME-103-100396
- Montenegro, Budva riviera, Krimovica
Two new villas in Krimovice
- € 2 250 000
- House, For sale
- ID: IT-39-99453
- Italy, Lombardia, Milan
Historic Farmhouse with Private Park in Peschiera Borromeo (Milan, Lombardy)