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How much does a villa cost in Montenegro? Villa prices by town (November 2026)

On 9 November 2026, 662 villas for sale in Montenegro were advertised on Fijaka at a median of €950,000. Bar was cheapest and Herceg Novi most expensive. Prices, sizes and price per m² town by town.

Rohat KahramanAttorney, RoNa Legal

· Reviewed for legal accuracy

RoNa Legal
Split view of the Montenegrin coast with apartment blocks above a bay and, in the distance, inland hills

How much does a villa cost in Montenegro? On 9 November 2026, 662 villas for sale were advertised on Fijaka at a median asking price of €950,000, or €3,300 per m², for a typical 300 m². The cheapest town was Bar (median €550,000) and the most expensive was Herceg Novi (€1,306,000).

Villa prices by town

TownVillas for saleMedian priceMedian sizeMedian price per m²
Bar118€550,000289 m²€2,080
Kotor135€1,050,000300 m²€3,790
Budva199€1,200,000361 m²€3,550
Tivat102€1,225,000290 m²€4,620
Herceg Novi74€1,306,000291 m²€4,940

In Bar the largest seller has 44% of the villas; without it the median is €540,000. In Herceg Novi the largest seller has 43% of the villas; without it the median is €1,243,000.

Renting

TownVillas for rentMedian asking rent
Bar10€2,500 a month
Budva13€2,700 a month

Current listings: villas for sale in Montenegro.

What does buying cost on top of the price?

  • Transfer tax on a resale villa is 3% of the tax base up to €150,000 and 5% on the part above (6% above €500,000). On €950,000 that is €49,000. 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 villa in Montenegro? The median asking price was €950,000 on 9 November 2026, across 662 listings on Fijaka.

Where is the cheapest villa in Montenegro? Among towns with enough listings, Bar: a median €550,000.

How much does a villa cost in Herceg Novi? A median €1,306,000 for 291 m², across 74 listings.

How much does a villa cost in Tivat? A median €1,225,000 for 290 m², across 102 listings.

How these numbers were measured

Asking prices of all active villas 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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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.