Stan on the sea for 45.000 euros in Montenegro: where is the lowest price per square meter in Becici and Budva.

For several years now, Crna Gora has been one of the most popular tourist destinations for our citizens, as well as for “deep pockets” such as Russians, Ukrainians, Turks.... The interest in this country especially increased during the pandemic, but it has not subsided to this day.

Because of the high prices for rent and travel, more and more people are thinking about having their own place on the coast. For many people the prices seem excessive, as for the same money you can buy an apartment in Belgrade, but it is possible that you can find a good place for “more acceptable” money.

Overview of apartment prices in Montenegro

Gazeta Blic recommends that we have studied the current offers in Budva, Becici, Herceg Novi, Bar... and here is a detailed overview of apartment prices in Montenegro.

The cheapest apartments can be found in Bar, where a square meter of apartment near the sea can cost as little as 1000 euros, and the most expensive - in Becici and Budva, where prices range from 2000 to 3000 euros. The price per square meter in Budva exceeds 2000 euros. Budva has been considered one of the most expensive tourist destinations in Montenegro for many years.

Compared to other resorts, it differs significantly both in the prices of products and services and in the cost of housing. A 38 square meter studio apartment with a terrace, 15 minutes from the sea, sells for 85,000 euros, or 2230 euros per square meter. This price includes furniture, as well as a seating area and barbecue.

Although the area is smaller, the 32 square meter apartment in Rafailovici is sold for 95,000 euros. The property is located in a new building and is in the first line from the sea. What can be very attractive for a buyer, the apartment is fully furnished and the price includes a parking space for a yacht or a boat.

Price per square meter in Becici: 40 square meters for 140,000 euros. It is a fact that Becici is one of the favorite destinations for our tourists, as well as for foreigners. Prices for square meters here have been significantly higher than other places in Montenegro for several years, and practice shows that now it is also.

An apartment of 50 square meters in Becici, 700 meters from the sea, is for sale for 140,000 euros, which is 2800 euros per square meter. As stated in the ad, the apartment is equipped with Italian furniture, built-in closets, electric blinds and is sold with all appliances and furniture. The price includes a place in the underground garage.

For a slightly smaller apartment, 45 square meters, which is 300 meters from the beach, the owner is asking 152,000 euros, which is 3300 euros per square meter. From the photos shown, it is clear that the property is in very good condition and is up to modern standards, and the plus point is the roof terrace.

Price per square meter in Herceg Novi: 35 square meters almost 100,000 euros. A new apartment of 35 square meters in Herceg Novi, on the beachfront, is for sale for 99 500 euros, which is 2840 euros per square meter.

A slightly larger, 45 square meter apartment is for sale at a price of 125,000 euros, which is 2780 euros per square meter. The property has two terraces and is only four minutes from the sea. It is a fact that larger apartments are cheaper, so 70 square meters on this place cost 155,000 euros, or 2060 euros per square meter. The ad states that the property is fully renovated and requires no additional investment, and is close to the sea.

The price per square meter in Bar is the lowest. The price per square meter in Bar depends on the location of the apartments, whether they are near the sea or not, as well as whether it is a new building. The price per square meter starts from 1,000 euros and up. This is the price at which a 45 square meter apartment is sold for a total of 45,000 euros. The apartment has a sea view in Dobre Vode and is located a 10-minute walk from the sea.

More modern properties, recently built near the sea, still follow the price trends of other coasts in Montenegro, and here the price per square meter mainly exceeds 2000 euros. For example, a 27-square-meter apartment in a new building 200 meters from the sea is currently being sold for 75,750 euros, which is almost 2800 euros per square meter. In the same location, a slightly larger residential property of 53 square meters is being sold for 131,300 euros, which amounts to 2480 euros per square meter.

The prices of building materials started to decline at the end of last year, but apartment prices did not fully follow this decrease. Now the situation in the real estate market in Montenegro is changing, so prices are also falling.

In general, the procedure for buying an apartment in Montenegro is quite simple, and here are a few steps. You want "Blic Biznis" to provide you with the latest and exclusive information about the economy and events in the business world, so you can read about the successes and failures of Serbian entrepreneurs, as well as about ventures that are ushering in a new era in business in Serbia and around the world. Become part of a club that brings together tens of thousands of managers. Subscribe to our newsletter and expect the most relevant and exclusive information in your inbox.