How much does a penthouse cost in Montenegro? On 9 November 2026, 155 penthouses for sale were advertised on Fijaka at a median asking price of €594,000, or €3,710 per m², for a typical 160 m². The cheapest town was Budva (median €594,000) and the most expensive was Tivat (€926,000).
Penthouse prices by town
| Town | Penthouses for sale | Median price | Median size | Median price per m² |
| Budva | 84 | €594,000 | 161 m² | €3,430 |
| Tivat | 35 | €926,000 | 185 m² | €6,190 |
Current listings: property for sale in Montenegro.
What does buying cost on top of the price?
- Transfer tax on a resale penthouse is 3% of the tax base up to €150,000 and 5% on the part above (6% above €500,000). On €594,000 that is €27,640. See the property transfer tax guide.
- New property bought from a developer carries VAT in the price instead.
Related answers
Frequently asked questions
What is the average price of a penthouse in Montenegro? The median asking price was €594,000 on 9 November 2026, across 155 listings on Fijaka.
Where is the cheapest penthouse in Montenegro? Among towns with enough listings, Budva: a median €594,000.
How much does a penthouse cost in Tivat? A median €926,000 for 185 m², across 35 listings.
How much does a penthouse cost in Budva? A median €594,000 for 161 m², across 84 listings.
How these numbers were measured
Asking prices of all active penthouses 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.