When you buy a property in Montenegro, you can easily get a temporary residence permit. This means that you need to renew your permit every year and you can get it as long as you own the property.
The average property price in Montenegro not so long ago was €1,081 per square meter. In any case, the real price depends on the region and the property condition. The most popular cities to invest in real estate are Bar, Budva, and Herceg Novi.
The Citizenship by Investment program started accepting applications at the end of 2019. It has become a popular way for wealthy individuals around the world to obtain a second passport. If the property is located in the north of Montenegro, the minimum investment amount is set at €250,000. And if it is located in the more prestigious south, including the Adriatic coast, the minimum investment amount increases to €450,000.
Montenegro is a beautiful country with many inexpensive real estate units. Foreigners are interested in them. It is possible to buy apartments or villas for a low price. We offer you to make the deal even more profitable due to the fact that all properties on the website are from developers.
Reasons to Buy Property in Montenegro
There are several reasons why Europeans buy real estate in Montenegro:
- Montenegro boasts stunning natural landscapes, including beautiful coastlines along the Adriatic Sea, picturesque mountains, and lush greenery. This natural beauty makes it an attractive destination for those seeking a tranquil and scenic environment.
- Montenegro's real estate market has been experiencing growth in recent years, offering potential for capital appreciation and investment returns. The country's increasing popularity as a tourist destination, coupled with government initiatives to attract foreign investment, contribute to its investment potential.
- Compared to many other European countries, real estate prices in Montenegro can be relatively affordable, especially in comparison to popular coastal destinations in Western Europe.
- Montenegro offers a citizenship by Investment Program for buying property in the country.
- Montenegro offers a high quality of life with a Mediterranean climate, abundant outdoor recreational activities, and a laid-back lifestyle. The country's rich cultural heritage, delicious cuisine, and friendly locals contribute to its appealing lifestyle.
- Montenegro's strategic location on the Adriatic coast provides easy access to other European destinations.
- Montenegro has a stable political situation. It is very important for making international investments.
- Montenegro offers favorable tax conditions for residents and investors, including low corporate and personal income tax rates, as well as exemptions for certain types of income and investments.
Overall, Montenegro offers a combination of natural beauty, investment potential, lifestyle benefits, and strategic advantages that make it an attractive destination for Europeans looking to purchase real estate. However, it's important for potential buyers to conduct thorough research, seek professional advice, and understand legal requirements before making any investment decisions.
Contact our specialist to find apartments and villas in Montenegro that will follow your needs and financial features.