Montenegro

Montenegro

🇲🇪
A country. We have 22 states and 34 cities, 0 streets and 0 properties registered in our database.
Rank #2 in Countries
0.0
(0 reviews)

Insights About Montenegro

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Cost of Living in Montenegro

Eating and Drinking

Budget-Friendly Meal at Restaurant
$ 10.29
3-Course Meal for 2 at Mid-Range Restaurant
$ 43.97
McDonald's McMeal or Similar Combo
$ 6.82
Cappuccino (Normal)
$ 2.05
Coke/Pepsi (0.33 Liter)
$ 2.09

Transport

Single Way Ticket (Local Transportation)
$ 1.09
Monthly Pass (Standard Price)
$ 32.64
Taxi Starting Price (Standard Tariff)
$ 1.09
Taxi 1 KM Price (Standard Tariff)
$ 1.08
Taxi 1 Minute Waiting Price (Standard Tariff)
$ 10.88
Fuel (1 Liter)
$ 1.64
Volkswagen Golf 1.4 Trendline (Or a Same Segment Vehicle)
$ 27,534.61
Toyota Corolla Sedan 1.6l Comfort (Or a Same Segment Vehicle)
$ 30,235.37

Leisure & Hobbies & Sport

Fitness Club
$ 39.48
Tennis Court (Weekend, 1 Hour)
$ 13.38
Cinema (1 Seat)
$ 5.44

Clothing

Jeans (Levis 501 or a Same Quality Jeans)
$ 72.39
Summer Dress (From Chain Stores like H&M, ZARA, etc.)
$ 33.74
Nike Running Shoes (Middle Segment)
$ 96.37
Men’s Leather Business Shoes
$ 117.48

Apartment Prices

M2 Price in City Centre
$ 2,384.84
M2 Price Far From City Centre
$ 1,836.97
20 Years Fixed Rate Mortgage Interest Rate (%, Annual)
$ 5.87

Grocery Shopping

Beer (Domestic, 0.5 Liter)
$ 2.68
Beer (Imported, 0.33 Liter)
$ 2.29
Milk (1 Liter)
$ 1.39
Fresh White Bread (500 Grams)
$ 0.91
White Rice (1 kg)
$ 2.07
Chicken Eggs (12 pcs)
$ 2.91
Local Cheese (1 kg)
$ 8.03
Chicken Meat (1 Kg)
$ 7.10
Beef Meat (1 Kg)
$ 10.49
Apple (1 Kg)
$ 1.22
Banana (1 Kg)
$ 1.81
Orange (1 Kg)
$ 1.43
Tomato (1 Kg)
$ 2.42
Potato (1 Kg)
$ 0.99
Onion (1 Kg)
$ 1.20
Lettuce (1 Piece)
$ 1.23
Water (1.5 Liter)
$ 0.82
Wine Bottle (0.7 Liter, Mid-Level)
$ 5.45
Cigarette (20 Pcs Pack, Marlboro)
$ 3.84

Monthly Bills

Basic Bills (Heating, Cooling, Water, Electricity, Garbage) for 90 m2 Apartment
$ 122.04
Internet Service (50 Mbps or Higher, Unlimited, ADSL)
$ 27.74

Childcare

Kindergarten (Private, Full-Day, Monthly)
$ 269.41
Primary School (Yearly, International, for Single Child)
$ 7,521.49

Rent

1 Bedroom Apartment Far From City Centre
$ 656.25
1 Bedroom Apartment in City Centre
$ 495.51
3 Bedrooms Apartment in City Centre
$ 1,209.11
3 Bedrooms Apartment Far From City Centre
$ 889.72

Salaries

Average Salary (Net, Without Taxes)
$ 834.08

Air Quality Details of Montenegro

Air Quality Metrics of Montenegro

A colorless, odorless gas emitted from incomplete combustion of carbon-based fuels, posing a health risk when inhaled in high concentrations.

A reddish-brown gas produced by combustion processes, particularly in vehicles and power plants, contributing to air pollution and respiratory issues.

A reactive gas present in the atmosphere, beneficial at higher altitudes but forming ground-level smog when concentrated, potentially harmful to respiratory health.

A gas resulting from burning fossil fuels containing sulfur, contributing to air pollution and respiratory problems.

Fine particles smaller than 2.5 micrometers in diameter, able to penetrate deep into the lungs, associated with respiratory and cardiovascular issues.

Coarser particles with a diameter of 10 micrometers or smaller, contributing to air pollution and potential health problems.

The United States federal agency tasked with safeguarding human health and the environment by regulating pollutants and implementing environmental laws.

The UK government department responsible for overseeing environmental protection, food production, and rural affairs.

Montenegro Earthquake History

Latest Earthquakes

Montenegro Geographical Information

ISO2
: ME
ISO3
: MNE
Phone Code
: +382
Currency
: EUR
Population
: 619,211 (2021)

Learn More About Montenegro

Welcome to TrustLocale.com's Montenegro page, your guide to the stunning and emerging real estate market in this small Balkan country located on the Adriatic Sea. With its beautiful coastline, rich cultural heritage, and strategic location, Montenegro is an attractive destination for property buyers and investors seeking a unique investment opportunity.

Montenegro has a growing real estate market that offers a range of investment opportunities, from historic stone houses to modern apartments. Additionally, Montenegro has a strong reputation as a popular tourist destination, which can provide opportunities for attractive rental yields.

One of the main advantages of investing in Montenegrin property is its potential for strong capital gains in the long term. The country's real estate market has shown steady growth over the years, and with the potential for continued demand from wealthy buyers and tourists, there may be opportunities for investment.

At TrustLocale.com, we are dedicated to providing you with reliable and transparent information about the real estate market in Montenegro. Our platform features reviews and ratings from other buyers and investors, as well as detailed information about properties, neighborhoods, and amenities. We are committed to helping you make informed decisions about your property investments in Montenegro.

Whether you're interested in the stunning views of Kotor Bay, the historic charm of Budva Old Town, or the secluded beaches of Lustica Peninsula, TrustLocale.com's Montenegro page has everything you need to know to make your property investment a success. Explore our platform today and discover why Montenegro may be a unique and exciting investment opportunity for adventurous property investors.

Popular Questions About Montenegro

The cost of buying a property in Montenegro varies depending on location and property type. On average, you can expect to pay between €1,500-€3,000 per square meter for a property in popular areas like Budva or Kotor.

Yes, foreigners can buy property in Montenegro without restrictions. However, certain areas may have additional regulations for non-EU citizens, so it's recommended to seek legal advice before making a purchase.

Some popular areas to buy property in Montenegro include Budva, Kotor, Tivat, and Herceg Novi. These towns offer a mix of historic charm, beautiful beaches, and vibrant lifestyles.

Owning property in Montenegro does not automatically grant you residency or visa rights. To stay long-term, you will need to apply for a residence permit or visa separately.

Property taxes in Montenegro generally range from 0.1% to 1% of the estimated property value. The exact percentage depends on various factors like location and property type.

The process for buying a property in Montenegro involves signing a purchase agreement, conducting due diligence, and registering the property. It is advisable to engage a qualified real estate agent or lawyer to guide you through the process.

The average rental yield for properties in Montenegro varies depending on the location and property type. In popular tourist areas, rental yields can range from 4% to 7%.

Yes, negotiating property prices is common practice in Montenegro. Sellers often expect some level of negotiation, so it's worth making an offer lower than the asking price and be prepared for counteroffers.

Property ownership rights in Montenegro are strong and well protected. The legal system ensures that owners have full rights to their properties, including the right to sell, lease, or mortgage.

Popular property types in Montenegro include apartments, villas, seaside houses, and traditional stone houses. There is a wide range of options to suit different preferences and budgets.