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Montenegro continues to decline in prices for new buildings

19.05.15
Results of the first quarter of 2015 show that in Montenegro, apartments in new buildings by an average estimated 1080 euros per square meter. This figure is 4.2% higher than in the previous quarter. Still, for the year the new property in the country became cheaper by 11.9%.
This information was published by the statistical agency Monstat.
The leader of the cost of housing in the capital of Montenegro is a country resort of Budva . The average price of new homes here in the first quarter of 2015 amounted to 1,460 euros per square meter. The lowest average price for new buildings recorded in Niksic - 550 euros for "square".
Most of all transactions for the sale of new housing in the period under review took place in Podgorica - 177. A square meter is estimated at an average of 1120 euros. At the Bar "square" has fallen in price to 1,000 euros.
Lower prices for buildings Montenegrin continues for more than a month in a row.

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