Housing prices in Montenegro rising steadily

The average price of flats in Montenegro has increased by 18 percent since the beginning of the year, according to the country’s statistics agency Monstat. The most expensive properties are located along the coast. “The average price per square meter in a new residential building in Montenegro in the second quarter of 2019 was €1,206, an increase of 11.6 percent compared to the second quarter of 2018 and an increase of 17.8 percent compared to the first quarter 2019,” wrote Monstat. In Q2, the average price per sqm in Podgorica was €1,204, compared to €1,368 in the coastal areas. In the country’s central region, prices averaged €677, while in the north prices were around €880 per sqm.