Is it better to buy a flat in Budva or in Ulcinj? On price, Ulcinj is cheaper. On 9 November 2026, flats for sale in Budva asked a median €3,520 per m² on Fijaka and flats in Ulcinj €2,600 per m², so Budva was 35% more expensive. A one-bedroom flat asked a median €175,000 in Budva and €123,000 in Ulcinj.
Budva has the larger choice of flats. Here is what the listings say, number by number.
Budva and Ulcinj side by side
| Measure (9 November 2026) | Budva | Ulcinj |
| Flats for sale | 1,373 | 79 |
| Median price per m² | €3,520 | €2,600 |
| Median flat | €231,000 for 66 m² | €139,000 for 57 m² |
| One-bedroom flat | €175,000 | €123,000 |
| Two-bedroom flat | €250,000 | €186,000 |
| Flats up to €150,000 | 275 | 41 |
| Flats up to €200,000 | 540 | 55 |
Long-term rentals in Ulcinj are too few or too concentrated in one seller to compare yields.
Cheapest and most expensive areas
Budva: Petrovac (€2,600 per m²) and Lazi (€2,900 per m²) are the cheapest; Rafailovići (€5,430) is the most expensive area with enough listings.
Ulcinj: no area has enough listings from different sellers yet.
Current listings: flats for sale in Budva and flats for sale in Ulcinj.
Related answers
- How much does a two-bedroom flat cost in Budva?
- How much does a three-bedroom flat cost in Budva?
- How much does a one-bedroom flat cost in Ulcinj?
- How much does a two-bedroom flat cost in Ulcinj?
Frequently asked questions
Is Ulcinj cheaper than Budva? Yes. On 9 November 2026, flats in Ulcinj asked a median €2,600 per m² and flats in Budva €3,520, so Budva was 35% more expensive.
How much more does a one-bedroom flat cost in Budva than in Ulcinj? A median €52,000 more: €175,000 against €123,000.
Where are there more flats under €150,000, Budva or Ulcinj? Budva: 275 against 41.
How these numbers were measured
Asking prices of all active flats and studios for sale and for rent in the municipalities of Budva and Ulcinj on Fijaka on 9 November 2026. Medians leave out listings without a price. An area is shown only with at least 15 listings from at least 3 sellers, where no seller has half of them. Gross yield is a year's median asking rent divided by the median asking price, and is shown only where no seller has 60% or more of the rentals. These are asking prices, not sale prices.