The price per square meter of housing in a new-build in Montenegro from the beginning of July to the end of September is 1,122 euros. The data were provided by the statistical officeMONSTAT.
This is 2.4 percent lower than for the same period last year. It is also 7 percent below the average price for the period from the beginning of April to the end of June this year.
The average price per square meter of a new-build in the capital was 1,082 euros, in the coastal region — 1,365 euros, in the central region — 660 euros, and in the north — the average price was 676 euros. However, these prices are below market rates, as the sample includes residential units built for employees of state institutions and enterprises. For them, the price per square meter is estimated to be below the market average.