Are you curious to discover what are the new real estate trends in Montenegro? Well, here you are served a fresh fresh article that will illustrate the situation.
The potential in Montenegro in terms of real estate is not to be underestimated. Discounted prices for properties of other value.
The factors that determine this situation, are manifold. But, if you are ready to find out what are the real estate trends in Montenegro, you just have to make yourself comfortable. Let’s start with our article of the day!
We have seen how real estate trends in Montenegro seem to be positive. But what is the general situation that has contributed to all this?
But what was the fulcrum that determined the real estate success in Montenegro? As we anticipated, a key role was played by tourism. Several were in fact foreigners who, finding this land convenient, have decided to relocate.
A chain reaction inaugurated in 2015, after overcoming the crisis of 2003. Positive trend, which has also poured into the real estate.
But which are the areas where the (positive) real estate trends in Montenegro emerge?
The area that goes for the most part is that of the Bay of Kotor, the southernmost fjord in Europe.
The demand for an apartment with sea view, can be met with 120,000 euros.
But generally the situation is quite convenient in other areas.
Almost a third of the population lives in Podgorica , the capital. In this area prices start from 35,000 euros , in the central area of the capital. Of course, everything depends on the type of property. A villa, for example, close to the coast, also starts from 350,000 euros. A reasonable price, if you think that we are talking about one of the most beautiful places in the world!
But what are the future trends?
This question cannot have a certain answer. You know, the real estate market is never a foregone conclusion. But it is assumed that this positive trend can continue for much longer uninterrupted … unless the supply is overheated due to excessive demand! In general, we can say that Montenegro will be able to live on income!
In conclusion, Montenegro proved to be a unique and convenient location in 2019. But if you want to know more, you just have to continue to follow us on our portal. Staying up to date is easy with Realigro! Just a simple click, and you’ll find all the latest news about the real estate market around the world!
Real also: Property for sale in Montenegro
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