House - $3,966,287
House - $1,072,300
House - $804,401
Apartment - $710,626
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Montenegro: Economic freedom index, 5-year change
Increased economic freedom is strongly associated with high GDP growth, and therefore with rises in residential property prices. Changes in a countrys score on the Heritage Foundations freedom index are calculated by the Global Property Guide to produce a 5-point rating:
Source: Calculated using figures from The Heritage Foundation and the Wall Street Journal
Montenegro does not publish house price statistics. General economics data are available from the Central Bank of Montenegro but statistics are rather outdated. The International Monetary Fund has the recent statistics as well as some forecasts.
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