Thinking about buying or selling property in Montenegro? Montenegro has become a popular destination for foreign investors in recent years, and the real estate market is no exception. In 2022, the country saw a record €322.2 million in foreign investment in real estate, up from €250 million in 2021.
There are a number of reasons for this increased interest in Montenegro real estate. The country is located in the heart of the Mediterranean, with stunning coastline, mountains, and lakes. It is also a member of NATO and the European Union, which gives it political and economic stability.
In addition, Montenegro offers a number of attractive tax incentives for foreign investors in real estate. For example, non-residents are exempt from property taxes for the first five years of ownership.
As a result of these factors, Montenegro is now one of the most popular destinations for foreign investors in real estate. The country’s real estate market is expected to continue to grow in the years to come, providing attractive opportunities for investors.
Here are some of the reasons why foreign investors are attracted to Montenegro real estate:
- Beautiful scenery: Montenegro is a beautiful country with a coastline, mountains, and lakes. This makes it an attractive place to live and vacation.
- Political and economic stability: Montenegro is a member of NATO and the European Union, which gives it political and economic stability.
- Tax incentives: Montenegro offers a number of attractive tax incentives for foreign investors in real estate.
- Growth potential: The Montenegro real estate market is expected to continue to grow in the years to come.
If you are considering investing in Montenegro real estate, there are a few things you should keep in mind. First, you need to make sure that you understand the local laws and regulations. Second, you need to find a reputable real estate agent. Third, you need to be patient. It can take time to find the right property and negotiate a good price.
Overall, Montenegro real estate is a good investment. The country has a lot to offer investors, including a beautiful location, political and economic stability, and tax incentives.
Montenegro is a Balkan country with rugged mountains, medieval villages and a narrow strip of beaches along its Adriatic coastline. The Bay of Kotor, resembling a fjord, is dotted with coastal churches and fortified towns such as Kotor and Herceg Novi. Durmitor National Park, home to bears and wolves, encompasses limestone peaks, glacial lakes and 1,300m-deep Tara River Canyon.
