Montenegro Prospects has conducted an extensive survey on the impact of the COVID-19 pandemic on the property market in Montenegro. The survey was conducted by more than 1.500 of our clients (sellers and potential buyers) from EU countries, UK, Russia and the region. The results are very interesting: The majority of our clients believe it will take from 12…
Update: more information on the impact of the COVID-19 pandemic on property market in Montenegro you can find here Report for Q1 2020 (before the Coronavirus crisis) Despite the Coronavirus crisis and the effect it will have on the markets worldwide I would like to share with you the analysis of the house prices on the coast of Montenegro for…
What are the real estate prices in Bar? What are the micro locations in Bar? What type of properties are there and what is the infrastructure like in Bar? THE CENTER Bar is a modern, coastal town that has been intensely developing since the ‘70s. It has a great microclimate with on average 270 sunny days. Thanks to its wide…
Update: more information on impact of COVID-19 pandemic on the property prices you can find here Please click on the picture for downloading the PDF file of our report:
Content Real estate in Perast – general overview. Why to invest in Perast? What are the current prices for Perast real estate? Real estate in Perast – general overview. Perast is located in the center of the Boka Kotorska Bay just across the Verige strait on the sunniest part of the Bay. Its architecture is typical of the towns that…
The methodology we used is normal distribution of the 70% statistically relevant properties that are for sale in our data base. Pdf version available here:
Montenegro is slowly becoming a very desirable destination for high end buyers. It has been repeatedly dubbed as the new Monte Carlo, considered to be the new hot spot for deep pockets, and a new playground for the rich and, according to Forbes magazine, it is one of the top three destinations to travel to in 2015. All major investment…
The Montenegrin coastline is not long, only approximately 300 km from one border to another. Yet when you drive along the coast it feels as if you have traveled from Venice to Turkey in just a few hours. Kotor old town and Perast have a distinctly Venetian feel and architecture, Budva is truly Mediterranean and when you reach Ulcinj you…
The property market on the Montenegro coast is largely dependent on foreign buyers, who are buying holiday home, which they may choose to also rent out on holiday lets. Newly built properties are more popular than traditional stone ones, but buyers are increasingly looking for high quality construction. The Budva Riviera and Kotor Bay are the most popular areas, with…
Kotor is a beautiful town with distinctly Mediterranean architecture, charming squares and history around every corner. It’s no wonder it was so popular with English and Irish buyers in 2005 to 2007. During this period prices doubled then tripled reaching 3.000 to 4.000 EUR/m2. However, the credit crunch changed the situation significantly. Along the coast, house prices have decreased by…
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Bar Office: +382 (0)30 308 489
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