How much does a luxury flat cost in Montenegro? On 9 November 2026, 484 flats on the Montenegrin coast asked €500,000 or more on Fijaka. Their median asking price was €790,000 for 138 m² (€6,580 per m²), and 158 of them asked €1 million or more.
Flats over €500,000 by town
| Town | Flats | Median price | Median size | Median price per m² | Over €1 million |
| Budva | 221 | €840,000 | 146 m² | €5,810 | 81 |
| Tivat | 150 | €773,000 | 108 m² | €7,990 | 50 |
| Herceg Novi | 54 | €850,000 | 129 m² | €8,530 | 17 |
| Kotor | 34 | €680,000 | 148 m² | €4,400 | 4 |
By size
| Size | Flats | Median price | Median size |
| One bedroom | 73 | €650,000 | 80 m² |
| Two bedrooms | 189 | €773,000 | 115 m² |
| Three bedrooms | 165 | €850,000 | 176 m² |
Of the 484 flats, 88 are penthouses and 24 duplexes. 94% of those that state a view (213) have a sea view.
Current listings: sea-view flats for sale in Montenegro and flats for sale in Montenegro.
What does buying cost on top of the price?
- Transfer tax on a resale flat is 3% of the tax base up to €150,000 and 5% on the part above (6% above €500,000). On €790,000 that is €39,400. See the property transfer tax guide.
- A new flat bought from a developer carries VAT in the price instead.
- The property route to a residence permit needs a tax-assessed value of €150,000: investing in Montenegro property: key numbers.
Related answers
Frequently asked questions
How many luxury flats are for sale in Montenegro? 484 flats asked €500,000 or more on 9 November 2026; 158 asked €1 million or more.
What does a luxury flat in Montenegro cost per square metre? A median €6,580 per m² for flats over €500,000.
Where are most luxury flats in Montenegro? In Budva, with 221 of the 484.
How these numbers were measured
Asking prices of all active flats, penthouses and duplexes for sale on the coast asking €500,000 or more on Fijaka on 9 November 2026. Medians leave out listings without a price. A town, area or size row is shown with at least 15 listings (sizes: 10) from at least 3 sellers. These are asking prices, not sale prices.