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Montenegro

Montenegro is a small, picturesque country located on the Adriatic Sea in Southeast Europe. Known for its dramatic coastline, historic towns (like Kotor and Budva), and mountainous national parks, it is a rising star in both tourism and international property investment.

Real Estate Highlights:

  • Popular Locations: Budva, Kotor Bay, Tivat (especially near Porto Montenegro), and Herceg Novi are top spots for buyers.

  • Property Types: Sea-view apartments, modern villas, historic stone houses, and resort-style residences.

  • Foreign Ownership: Open to foreigners with minimal restrictions, making it attractive for EU and non-EU buyers alike.

Price Trends (as of mid-2025):

  • Coastal Apartments: €2,500–€5,000 per m² (Tivat and Budva being the most expensive).

  • Inland Properties: €1,200–€2,000 per m² (e.g., Podgorica and Cetinje).

  • Luxury Villas: €500,000 and up, depending on location and amenities.

  • Steady price growth continues, driven by tourism, demand from foreign investors, and improved infrastructure.

Recent Developments & News (2025):

  • Digital Nomad Visa: Introduced in early 2025, attracting remote workers.

  • EU Accession Talks: Montenegro continues progressing toward full EU membership, boosting long-term investor confidence.

  • Green Building Initiatives: New eco-friendly developments are gaining traction, especially in the north.

  • Porto Montenegro Expansion: Luxury developments and marinas are expanding, increasing premium property demand.

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