MARKET
Montenegro property prices
Average prices per square metre, year-on-year trends and city comparisons, refreshed from listings and official statistics.
Updated: September 1, 2026
Median price per m² · apartments for sale
€3,400€/m²
- Since January
- −0,7%
- Vs. last month
- −1,1%
From 3,085 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−0,8%€5,556700 listings
- 2Kotor+6,9%€3,827306 listings
- 3Budva−1,6%€3,500951 listings
- 4Herceg Novi−11,5%€3,277160 listings
- 5Kolašin+25,0%€3,12527 listings
- 6Podgorica+2,9%€2,771462 listings
- 7Bar+0,1%€2,738448 listings
- 8Ulcinj—€2,25718 listings
Not enough listings for a reliable average: Nikšić
Price trend
Price per m² (€), monthly average
City
Prices by city
Median sale price per m², monthly rent per m² and gross yield, from active listings.
| City | Sale €/m² | Rent €/m²/mo | Gross yield | Since January | Listings |
|---|---|---|---|---|---|
| Tivat | €5,556 | €13 | +2,7% | −0,8% | 700 |
| Kotor | €3,827 | €12 | +3,6% | +6,9% | 306 |
| Budva | €3,500 | €14 | +4,9% | −1,6% | 951 |
| Herceg Novi | €3,277 | — | — | −11,5% | 160 |
| Kolašin | €3,125 | — | — | +25,0% | 27 |
| Podgorica | €2,771 | €11 | +4,7% | +2,9% | 462 |
| Bar | €2,738 | €9 | +3,9% | +0,1% | 448 |
| Ulcinj | €2,257 | — | — | — | 18 |
Source: listings published on DreamEstate, snapshot September 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€3,348/m²
- Typical price
- €152,880
- Avg. size
- 35 m²
- Listings
- 184
- 1-bedroom€3,281/m²
- Typical price
- €232,576
- Avg. size
- 82 m²
- Listings
- 1,088
- 2-bedroom€3,497/m²
- Typical price
- €367,248
- Avg. size
- 83 m²
- Listings
- 1,118
- 3-bedroom€3,586/m²
- Typical price
- €594,437
- Avg. size
- 131 m²
- Listings
- 492
- 4+ bedrooms€3,462/m²
- Typical price
- €1,281,936
- Avg. size
- 348 m²
- Listings
- 203
Source: listings published on DreamEstate, snapshot September 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.
- Apartments3,085 listings · €3,400/m²69,3%
- Houses940 listings · €2,305/m²21,1%
- Land322 listings · €164/m²7,2%
- Commercial108 listings · €2,399/m²2,4%
LISTINGS
Properties for sale by city
Current listings in the cities we track.
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.