How much does property cost in Montenegro?

Prices vary significantly by location and property type. In Tivat, home to Porto Montenegro and the Adriatic's leading superyacht marina, apartments range from approximately three thousand to five thousand euros per square metre, with prime villas priced between five hundred thousand and two million euros. Kotor commands comparable values for its UNESCO-listed bay properties, typically two thousand three hundred to three thousand eight hundred euros per square metre for apartments and three hundred fifty thousand to one and a half million euros for villas. Budva, Montenegro's most established resort market, sits broadly in line with Kotor. Herceg Novi offers greater accessibility at one thousand eight hundred to two thousand eight hundred euros per square metre for apartments. In Podgorica, the capital, residential property averages one thousand three hundred to two thousand euros per square metre. Prime off-plan developments in all coastal locations carry significant premiums and are frequently sold before public launch.