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Price per square metre in Montenegro: asking prices in listings, town by town

As of October 26, 2026, the median asking price per square metre of an apartment for sale on Fijaka was €3,510 in Budva, €2,830 in Bar, €2,540 in Podgorica, €3,780 in Kotor, €4,590 in Tivat, €3,270 in Herceg Novi.

Calculated from 607 active listings by 8 sellers. These are the prices sellers ask, not the prices flats sold for; there is no official price per square metre for individual towns.

€3,510
Budva · Median per m²
€2,830
Bar · Median per m²
€2,540
Podgorica · Median per m²
€3,780
Kotor · Median per m²

Apartments for sale: price per m²

TownMedian per m²Middle halfMedian priceMedian sizeListingsSellers
Budva€3,510€3,100 – €4,560€245,00067 m²3096
Bar€2,830€2,290 – €3,150€173,00062 m²994
Podgorica€2,540€2,260 – €2,870€157,40066 m²824
Kotor€3,780€2,760 – €4,580€248,50076 m²405
Tivat€4,590€3,730 – €5,270€235,00063 m²363
Herceg Novi€3,270€2,570 – €3,890€220,00073 m²234
All of Montenegro€3,270€2,610 – €4,000€205,00066 m²6078

Apartments, studios, penthouses and duplexes for sale, without new-build project listings. The middle half is the range between the 25th and 75th percentile: half of the listings are priced inside it. A town is shown only with at least 10 listings from 3 different sellers.

Houses and villas for sale: price per m²

TownMedian per m²Middle halfMedian priceListingsSellers
Bar€1,820€1,160 – €2,400€320,000894
Budva€3,100€1,850 – €4,620€890,000543
Kotor€3,140€2,190 – €5,010€615,900364
All of Montenegro€2,370€1,550 – €3,550€500,0002605

Houses, townhouses and villas for sale. They differ far more than apartments (plot, view, condition), so read the median as a rough guide.

Apartments for rent: monthly rent

TownMedian rentMiddle halfMedian sizeListingsSellers
Budva€750€600 – €1,10060 m²933
All of Montenegro€650€460 – €90058 m²2824

Apartments for rent with a monthly price. Holiday lets priced per night are not included.

The listings behind these figures

See apartments for sale in Montenegro

How do these figures compare with official data?

MONSTAT, the statistical office, publishes the contract price of new-build apartments only by region: €2,838 per m² on the coast and €2,510 in Podgorica in Q2 2026. Those are prices paid for new flats sold by developers; the figures above are asking prices of all apartments in listings, so they are usually higher.

New-build prices

How the figures are calculated

The figures are recalculated every hour from listings published on Fijaka: real estate for sale or rent with a price and floor area. The price per square metre is the asking price divided by the floor area given in the listing.

New-build project listings are left out, because their price is a starting price and their area is the smallest unit. Settlements count towards their municipality, so Bečići and Pržno are part of Budva.

We use the median, the middle value, instead of the average, so that one listing with a typo in the price or area does not move the figure. The same property listed by several agencies cannot always be recognised.

Download the data

All tables on this page in one CSV file, one row per segment and town, with the number of listings and sellers. Please cite Fijaka as the source.

Download CSV

Frequently asked questions

How much does an apartment cost per square metre in Budva?
The median asking price on Fijaka is €3,510 per m², and half of the listings are between €3,100 and €4,560 (309 listings from 6 sellers, October 26, 2026). The median apartment has 67 m² and is listed for €245,000.
How much does an apartment cost per square metre in Bar?
The median asking price on Fijaka is €2,830 per m², and half of the listings are between €2,290 and €3,150 (99 listings from 4 sellers, October 26, 2026). The median apartment has 62 m² and is listed for €173,000.
How much does an apartment cost per square metre in Podgorica?
The median asking price on Fijaka is €2,540 per m², and half of the listings are between €2,260 and €2,870 (82 listings from 4 sellers, October 26, 2026). The median apartment has 66 m² and is listed for €157,400.
How much does an apartment cost per square metre in Kotor?
The median asking price on Fijaka is €3,780 per m², and half of the listings are between €2,760 and €4,580 (40 listings from 5 sellers, October 26, 2026). The median apartment has 76 m² and is listed for €248,500.
How much does an apartment cost per square metre in Tivat?
The median asking price on Fijaka is €4,590 per m², and half of the listings are between €3,730 and €5,270 (36 listings from 3 sellers, October 26, 2026). The median apartment has 63 m² and is listed for €235,000.
How much does an apartment cost per square metre in Herceg Novi?
The median asking price on Fijaka is €3,270 per m², and half of the listings are between €2,570 and €3,890 (23 listings from 4 sellers, October 26, 2026). The median apartment has 73 m² and is listed for €220,000.
Are these the prices apartments sell for?
No. They are asking prices from active listings. Sale prices are usually lower; official contract prices are published only by MONSTAT, for new-build apartments and by region.
Why is my town missing?
Fijaka does not yet have enough listings there. A town is shown only with at least 10 listings from 3 different sellers, so that one agency's stock is not presented as the price of a whole town.
How often is the data updated?
Every hour, from the listings active at that moment. The date at the top of the page shows when the figures were calculated.

Fijaka is a listings platform. These figures describe listings on Fijaka and are not a valuation of any property.