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Herceg Novi or Tivat: where to buy a flat in Montenegro? Prices, rents and areas compared (November 2026)

On 9 November 2026, flats for sale in Tivat asked a median €4,570 per m² on Fijaka and flats in Herceg Novi €3,500: Tivat was 31% more expensive. One-bedroom flats, rents and areas side by side.

Rohat KahramanAttorney, RoNa Legal

· Reviewed for legal accuracy

RoNa Legal
A laptop and notebook on a stone terrace in Herceg Novi overlooking the sea

Is it better to buy a flat in Herceg Novi or in Tivat? On price, Herceg Novi is cheaper. On 9 November 2026, flats for sale in Tivat asked a median €4,570 per m² on Fijaka and flats in Herceg Novi €3,500 per m², so Tivat was 31% more expensive. A one-bedroom flat asked a median €172,000 in Herceg Novi and €230,000 in Tivat.

Tivat has the larger choice of flats. Here is what the listings say, number by number.

Herceg Novi and Tivat side by side

Measure (9 November 2026)Herceg NoviTivat
Flats for sale230475
Median price per m²€3,500€4,570
Median flat€241,000 for 64 m²€315,000 for 68 m²
One-bedroom flat€172,000€230,000
Two-bedroom flat€315,000€350,000
Flats up to €150,0005442
Flats up to €200,00093109

Long-term rentals in Herceg Novi are too few or too concentrated in one seller to compare yields.

Cheapest and most expensive areas

Herceg Novi: of the two areas with enough listings, Igalo (€2,900 per m²) is cheaper than Kumbor (€3,910).

Tivat: of the two areas with enough listings, Donja Lastva (€4,100 per m²) is cheaper than Porto Montenegro (€8,300).

Current listings: flats for sale in Herceg Novi and flats for sale in Tivat.

Related answers

Frequently asked questions

Is Herceg Novi cheaper than Tivat? Yes. On 9 November 2026, flats in Herceg Novi asked a median €3,500 per m² and flats in Tivat €4,570, so Tivat was 31% more expensive.

How much more does a one-bedroom flat cost in Tivat than in Herceg Novi? A median €58,000 more: €230,000 against €172,000.

Where are there more flats under €150,000, Herceg Novi or Tivat? Herceg Novi: 54 against 42.

How these numbers were measured

Asking prices of all active flats and studios for sale and for rent in the municipalities of Herceg Novi and Tivat 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.

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This article is for informational purposes only and does not constitute legal advice. We recommend seeking professional advice from a licensed attorney for real estate transactions in Montenegro.