The price of dwellings in new residential building in Montenegro in the fourth quarter of 2011 increased 8.7% compared with the third quarter of current year.

According to the price structure, the highest growth was in prices of construction works 22.2%, prices of arranging the construction land decreased 12%, while miscellaneous costs decreased 22.6%.

Number of sold dwellings in new residential buildings in Montenegro in the fourth quarter of 2011 increased 0.08% compared with third quarter of current year.

The highest average price of dwellings in new residential buildings in the fourth quarter 2011 was concluded in the municipality Budva, and it is EUR 1 949.

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