MARKET
Budva property prices
Budva is the busiest tourist market on the Montenegrin coast. Apartments in Bečići, Rafailovići and along Slovenska plaža are bought both to live in and to rent out to tourists, while the Old Town and Sveti Stefan hold the highest prices. In summer, demand for short-term rentals multiplies.
Updated: November 1, 2026
All properties in BudvaMedian price per m² · apartments for sale, Budva
€3,493€/m²
- Since January
- −1,8%
- Vs. last month
- −0,2%
From 1,252 active sale listings. Earlier years are covered by market analysis, so changes are computed only within our own data.
Cities by price per m²
- 1Tivat−3,6%€5,396759 listings
- 2Kotor+6,2%€3,804297 listings
- 3Budva−1,8%€3,4931,252 listings
- 4Herceg Novi−12,9%€3,224215 listings
- 5Kolašin+25,0%€3,12534 listings
- 6Bar+2,0%€2,789640 listings
- 7Podgorica+2,9%€2,772584 listings
- 8Ulcinj—€2,21139 listings
Not enough listings for a reliable average: Nikšić
Price trend
Price per m² (€), monthly average — Budva
Year
Prices by year
Average of all listings in the year. Figures up to 2025 come from market analysis, and from 2026 from listings published on DreamEstate — which is why change across the two sources is not shown.
| Year | Avg €/m² | Annual change | Source |
|---|---|---|---|
| 2023 | €2,860 | — | Market analysis |
| 2024 | €3,062 | +7,1% | Market analysis |
| 2025 | €3,276 | +7,0% | Market analysis |
| 2026 | €3,456 | — | DreamEstate |
Neighbourhoods
Apartment prices by neighbourhood
Median price per m², typical price and number of listings per neighbourhood, from active sale listings.
| Neighbourhood | Price €/m² | Typical price | Rent €/m²/mo | Yield | Listings |
|---|---|---|---|---|---|
| Stari grad | €6,333 | €756,800 | — | — | 5 |
| Katun Reževici | €5,033 | €1,345,088 | — | — | 16 |
| Rafailovići | €4,222 | €396,649 | — | — | 45 |
| Centar | €4,140 | €368,346 | 15,6 | +4,5% | 33 |
| Sveti Stefan | €3,887 | €368,460 | — | — | 31 |
| Pržno | €3,561 | €345,832 | 19 | +6,4% | 68 |
| Becici | €3,433 | €283,874 | 13,2 | +4,6% | 371 |
| Velji Vinogradi | €3,375 | €169,111 | — | — | 9 |
| Rozino | €3,368 | €245,722 | — | — | 36 |
| Kamenovo | €3,316 | €230,000 | — | — | 5 |
| Dubovica | €3,146 | €174,979 | — | — | 12 |
| Lazi | €2,892 | €170,864 | — | — | 22 |
| Babin Do | €2,840 | €189,090 | — | — | 10 |
| Petrovac na Moru | €2,564 | €228,529 | 7,5 | +3,5% | 119 |
Source: listings published on DreamEstate, snapshot November 2026. Earlier years are covered by market analysis. Changes are computed within the same source only.
Structure
Apartment prices by size
Median price per m², typical total price and size by number of rooms, from active listings.
- Studios€3,333/m²
- Typical price
- €180,166
- Avg. size
- 52 m²
- Listings
- 50
- 1-bedroom€3,452/m²
- Typical price
- €214,416
- Avg. size
- 62 m²
- Listings
- 399
- 2-bedroom€3,600/m²
- Typical price
- €353,220
- Avg. size
- 85 m²
- Listings
- 495
- 3-bedroom€3,428/m²
- Typical price
- €512,193
- Avg. size
- 127 m²
- Listings
- 238
- 4+ bedrooms€3,475/m²
- Typical price
- €1,131,333
- Avg. size
- 282 m²
- Listings
- 70
Source: listings published on DreamEstate, snapshot November 2026. Earlier years are covered by market analysis. Changes are computed within the same source only.
Share
Listing structure
Share of property types in the current sale listings.
- Apartments1,252 listings · €3,493/m²81,7%
- Houses173 listings · €3,295/m²11,3%
- Land69 listings · €243/m²4,5%
- Commercial39 listings · €2,842/m²2,5%
LISTINGS
Properties in Budva
The latest listings for sale in this city.
Apartment in Petrovac No. 2988
Budva, Petrovac na Moru
55 m² · 3 rooms · 2. floor
155.000 €
Details →
Apartment in Budva No. 2987
Budva
156 m² · 3 rooms · 1. floor
1.260.000 €
Details →
Apartment in Budva no. 2986
Budva
156 m² · 3 rooms · 1. floor
1.250.000 €
Details →
Apartment in Budva No. 2985
Budva
572 m² · 4 rooms · 1. floor
4.725.000 €
Details →
Apartment in Bečići No. 2983
Budva, Becici
69 m² · 2 rooms · 3. floor
On request
Details →
Apartment in Budva No. 2982
Budva
157 m² · 4 rooms · 1. floor
1.150.000 €
Details →QUESTIONS
Frequently asked questions about the market
What is the average property price in Budva?
The average price per square metre in Budva is €3,493/m² for properties for sale. The figure is calculated from active listings and official statistics and is refreshed daily, so it differs from the price of any single property, which depends on location, floor, year built and condition.
How are prices in Budva changing?
Since the start of the year the average price per m² in Budva has changed by −1,8%. The chart above shows monthly movement; you can narrow the period to one or three years.
Is now a good time to buy in Budva?
It depends on the purpose: for a home to live in, the loan instalment and upkeep costs matter most, while for an investment the rental yield and seasonality of demand matter most. Compare Budva with neighbouring cities in the table above and check current listings before you decide.
Can foreigners buy property in Budva?
Foreign nationals can buy apartments, houses and commercial units in Montenegro on the same terms as locals; agricultural land and forests carry restrictions that are resolved by setting up a locally registered company. On top of the price, budget for the real estate transfer tax (3% up to €150,000, 5% on the portion between €150,000 and €500,000, 6% on the portion above €500,000; new builds bought from a VAT-registered developer carry 21% VAT instead of the tax), the notary fee and the land registry charges.
About the data on this page
Price data comes from active listings on the DreamEstate platform, consolidated historical series for 2020-2022 and official statistics. Prices are expressed in euros per square metre and represent an average, not a valuation of any single property. To value a specific property, contact an agency or a licensed appraiser.
The prices shown are average values per m² calculated from publicly available listings and official statistics. Actual prices depend on location, floor, property condition and other factors, so the figures are for informational purposes only.