Prices of apartments in new construction go down

Average price of the square meter of the new-build apartment amounted to €940 in the first quarter of 2020, by 8,2% lower than in the same period last year, MONSTAT reported.

In the seaside region, average price of the new-build apartment amounted to €1,363 in the central region it was €641 whereas in the northern region the price was €793.

“Differences in average prices throughout the year mostly depend on the share apartments of solidarity housing construction. If their share is higher, average price of the apartment will be lower”.

Average price of a square meter of apartment in new building in Montenegro in the category of business entities amounted to €1,213 whereas in the category of solidarity housing conctruction it amounted to €614.


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