Montenegro is small, cozy and beautiful, people are simple, kind and friendly, but infrastructure and the service are at the European level. Untouched nature and excellent environment make owing property in Montenegro very attractive. The Adriatic Sea is considered almost the cleanest in Europe. Mountains are also great and impressive; no wonder the country is called Montenegro.
Choice of property for sale in Montenegro is wide on the coastline of the Adriatic Sea. The country's capital Podgorica is more convenient for businessmen and for those who want a piece of land in the suburbs. In the north, Budva is considered the most trendy and expensive area. Bar is a cheaper option, located in the south, although there are "elite" areas. Buying property in Montenegro will be good not only for living, but for a stable income from renting out.
Secondary housing in Montenegro can cost about €2,000-3,000 per sq.m, elite housing in new projects costs €5,000 per sq.m. The prices are quite high, but keep in mind that Italy with eve higher price is on the other Adriatic coast.
Purchasing property in Montenegro from developer or on the secondary market is very simple. You should only pay and sign a contract to get the keys and become happy owners of a piece of this sunny paradise. You can complete the rest of paperwork later. You can’t obtain Montenegrin citizenship or residence permit for buying real estate. But fulfilling certain conditions (housing, a company or a job, livelihood) can help you with a residence permit.