Property in Montenegro
May 2nd, 2009 by
admin
The advantage of real estate market in Montenegro is the fact that the strategic direction of its development has always been tourism.
Real Estate market in Montenegro comprise apartments, villas, houses, apartments, hotels, restaurants, bars, ie commercial and residential real estate, intended for tourists and holidaymakers. The prices for such properties depend on the location and proximity to the sea. Generalizing, one can say that the 900 - 1000 euros per square. meter is a villa, house, apartment, apartments, situated in relatively close proximity (from 200 m) from the sea. More than 1000 euro per square. meter property is located near the coast.
Western Europe has always considered Montenegro as a place designed for relaxation. Perhaps, therefore, since 1998 the European Agency for Reconstruction and Development has invested in various programs Montenegro over 73 million euros. Montenegro, especially Primorye, has become a huge construction site, which is built by elite real estate (villas, houses, hotels) and apartments. Restaurants, bars are built everywhere, and are offered for sale.
Maybe you also want to join the ranks of real estate investors in Montenegro, having decided, among other things, the issue of summer vacation for themselves and friends. Villa, house, apartment, flat on the Adriatic coast can get useful and then, when it comes time to think about a cozy place where you would be happy to carry out pension days.
Property in Montenegro - it is not only your potential place of residence, but also a source of income. Apart from the fact that real estate gets steadily more expensive, outpacing the statistics of other European countries, it is well in demand in the rental. Having bought an apartment in Budva, you may successfully pass a long-term basis to 500-700 euros per month, or 50-65 euro per day for the tourists.
Montenegrin legislation allows foreigners to buy and sell freely in the territory of Montenegro, real estate, both commercial and residential. The procedure for registration of sale of real estate is simple and takes a few days.
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