How much does a commercial property cost in Montenegro? Commercial property prices by town (November 2026)

On 9 November 2026, 181 commercial properties for sale in Montenegro were advertised on Fijaka at a median of €280,000. Podgorica was cheapest and Budva most expensive. Prices, sizes and price per m² town by town.

Rohat KahramanAttorney, RoNa Legal

November 9, 2026 · Reviewed for legal accuracy

RoNa Legal

Empty ground-floor commercial premises with a large blank shop window and a concrete floor

How much does a commercial property cost in Montenegro? On 9 November 2026, 181 commercial properties for sale were advertised on Fijaka at a median asking price of €280,000, or €2,730 per m², for a typical 110 m². The cheapest town was Podgorica (median €233,000) and the most expensive was Budva (€350,000).

Commercial property prices by town

Town	Commercial properties for sale	Median price	Median size	Median price per m²
Podgorica	61	€233,000	96 m²	€2,330
Bar	50	€245,000	105 m²	€2,290
Budva	38	€350,000	112 m²	€3,700

In Podgorica the largest seller has 44% of the commercial properties; without it the median is €270,000. In Bar the largest seller has 44% of the commercial properties; without it the median is €235,000.

Renting

Town	Commercial properties for rent	Median asking rent
Podgorica	142	€800 a month

Current listings: property for sale in Montenegro.

What does buying cost on top of the price?

Transfer tax on a resale commercial property is 3% of the tax base up to €150,000 and 5% on the part above. On €280,000 that is €11,000. See the property transfer tax guide.
New property bought from a developer carries VAT in the price instead.

Frequently asked questions

What is the average price of a commercial property in Montenegro? The median asking price was €280,000 on 9 November 2026, across 181 listings on Fijaka.

Where is the cheapest commercial property in Montenegro? Among towns with enough listings, Podgorica: a median €233,000.

How much does a commercial property cost in Budva? A median €350,000 for 112 m², across 38 listings.

How much does a commercial property cost in Bar? A median €245,000 for 105 m², across 50 listings.

How these numbers were measured

Asking prices of all active commercial properties for sale on Fijaka on Fijaka on 9 November 2026. Medians leave out listings without a price. A town is shown with at least 15 listings from at least 3 sellers where no seller has 60% or more of them. These are asking prices, not sale prices.

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