   
marie_karr
Posts: 9
Joined: 27/2/2007
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 High yields in Podgorica global pro...
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The perfect reason why Brits are so into Montenegro property investment right now.
High Yields in Podgorica
Rental units are scarce in the capital Podgorica, leading to high yields (rough estimates produce yields between 18% and 24%). On the other hand, there is an oversupply of rental units in coastal towns such as Budva, Bar, and Kotor. These are typically vacation homes offered off-season at rents slightly lower than those in Podgorica.
Data on prices in the Montenegrin housing market is hard to find (the Global Property Guide does not produce square metre and yield data).
A 2005 study estimated that rents for small apartments in Podgorica, are between €100 and €300 per month. Apartment prices are around €1,000 per sq. m. Houses with lots are similarly priced at around €65,000 to €150,000.
source:
http://www.globalpropertyguide.com/country.php?id=216
Do you agree? Or does these data leave you dubious
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