Montenegro is richly endowed. With a unique cultural heritage, gastronomy, sunny beaches, a Mediterranean climate, proximity to Italy and Croatia, and a reasonable cost of living, the Montenegrin beauty has a lot of advantages
Its real estate market is currently one of the most reasonable among luxury destinations in Europe and is ideal for purchasing a primary or second home or for making a rental investment.
The average price of an apartment in Montenegro is still a few times lower than in Paris, but rental prices are nearly on the same level. This puts the Montenegrin market under pressure from international clients, who are moving to Montenegro or seeking to invest there.
Montenegro continues to be the top destination for global investors like Azmont Investments, Orascom Developments, Qatari Diar, or Investment Corporation of Dubai (ICD). The growth and dynamism make Montenegro’s coastal cities stand out for anyone looking to live comfortably or looking to capitalize on their investment. The market is still on an upward trend, both for sales and rentals.
The average price is upwards of euro 2,500 per square meter, reaching euro 15,000 even 20,000 per square meter for prestigious homes offering spacious proportions in a landscaped location.
Offering beautiful architecture, spacious villas and apartments along with still affordable prices and perfect quality of life, Montenegro increasingly attracts affluent families who are looking for a safe place for their kids, while still being in the center of Europe. Today nearly 80% of luxury property purchases are made by international investors, including many Europeans - mainly from Norway, France, England, and Russia.
Popular for its location, safety, climate and regained international reputation, along with continuous development of new prestigious estates and marinas, Montenegro shows unfailing dynamism on the European real estate market.