Budva is the resort capital of Montenegro and the leader of the Development Index, which is calculated on the basis of Monstat statistics.
The development index is used by the Ministry of Economy of the country to determine budget subsidies to local municipalities. The average is 100. Regions with the Index above 100 do not receive subsidies from the national budget. Of the 24 municipalities, only six are donors: Budva (156,71), Tivat (133,59), Podgorica (122,11), Kotor (118,73), Herceg Novi (115,17) and Bar (100,36, XNUMX).
The index is below 50 in four regions, among them - Plava (47,14), Gusinye (43,82), Andrievitsa (41,56) and Petnitsa (27,98).
Compared to the previous Development Index, Podgorica and Kotor have changed places. Three years ago, they took 4th and 3rd places, respectively. And Pluginier dropped quite strongly in the ranking - from 7th (105,24) to 12th place (82,27).
December 10, 2019
Prices in the Portonovi complex range from 350 thousand euros for apartments to 15 million euros for villas.