Montenegro
Montenegro has become an attractive route for real estate investments in recent years and attracts attention with the many advantages it offers to investors. Montenegro, which is economically stable and has a high growth potential, offers a safe environment for investors by progressing in the European Union accession process.
The low income tax rates and reasonable real estate taxes in the country increase investors' net returns, while the fast and unbureaucratic transaction process is a significant advantage.
Located on the shores of the Adriatic Sea, Montenegro is known for its magnificent beaches, historic cities and natural beauty and is experiencing a huge growth in the tourism sector, which contributes to high rental yields and value increases in a short period of time for residential investments. The real estate market in Montenegro is constantly evolving and investing in popular areas such as Budva, Kotor and Tivat in particular offers significant value increases due to high demand and limited supply. Luxury residential projects and touristic facilities in the country offer a wide range of options to investors, while legal regulations that encourage foreign investors to own property also provide a great advantage.
Despite the advantages of tourism, when investing in housing in Montenegro, disadvantages such as dependence on the tourist season, limited liquidity, infrastructure development process and market fluctuations should be considered.