New buildings in Montenegro have risen in price by 30%

New buildings in Montenegro have risen in price by 30%

Average price per square meter in a new building in the first quarter of 2021 amounted to 1219 euros and was 29,7% higher compared to the first quarter of 2020. It is worth noting that the cost of social housing has a direct impact on the average price of housing throughout the country. As a rule, it is significantly lower than the rest of the type of housing. In addition, the price per square meter of social housing declined further in the last quarter of 2021.

The average price per square meter of a new apartment in Podgorica in the first quarter of 2021 was 1196 euros, in the coastal region - 1383 euros, in the central region - 708 euros, and in the northern region the average price per square meter in a new building was 849 euros.

Contact usto get more detailed analytics on current prices per square meter of housing in Montenegro. We are also ready to make a selection of objects for you at promotional and reduced prices directly from developers for free.

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