In 2017, the average price per square meter of a new apartment in Montenegro was 1 111 euros, which is 9.9% more than in 2016
, according to Montenegro statistics.
"The average price per square meter of an apartment in a new building in the capital of Montenegro, Podgorica in 2017 was 1,123 euros, which is 2.8% higher compared to 2016." In 2017, the average price per square meter of a new apartment on the coast of Montenegro was 1,159 euros, in the central region - 550 euros, and in the northern areas the average price per square meter of the apartment in the new building was at the level of 639 euros.
"Differences in the average price per square meter of apartments in new buildings largely depend on the degree of equity participation of buyers in the construction of the future house.If this share is higher, the average price of a new apartment will be significantly lower, if the participation in equity construction is insignificant, then the average price of an apartment in the new building will be higher", - the representatives of the Monstat said
In 2017, the market price per square meter of a new apartment in Montenegro from commercial construction companies was 1,128 euros
, while the apartment in a new building that participated in the share construction cost an average of 544 euros
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