First of all, the popularity of property in Montenegro is greatly influenced by geographical location and favorable climate. Due to its large coastline and variety of landscapes, Montenegro can offer great selection of resort properties in Budva, Bar, Tivat or property in the popular ski resort Kolasine. Mild continental climate makes the weather in Montenegro friendly all year round. Here you can comfortably relax in the hot summer months and cooler, but very warm autumn.

Thanks to the steady development of the country and its property market to buy estate in Montenegro has become much easier and more promising. Many buyers, having no previous opportunities to buy property in Montenegro now prefer it to other countries, thanks to its favorable investment attractiveness. In Montenegro the property market is actively developing for 6 years and during that time his appeal has grown by more than 50%, while sales of property in Montenegro every year increase in arithmetical progression. Thanks to these indicators resort property in Montenegro is now in the top among the list of most popular European real estate. More and more foreign investors and real estate agents want to cooperate with local property and land owners, to represent Montenegro property far beyond its borders.

Today, in Montenegro property prices are still at a fairly high level and often exceed the price of property in Spain or Turkey. But don’t think that only wealthy people can buy real estate in Montenegro. In Montenegro purchase of house or apartment can be affordable for everybody, whose goal is the profitable investment and quick return. Indeed, apartments and villas in Montenegro are in great demand not only among consumers but also among tourists. Therefore, any owner of apartment or villa in Budva, Bar, can lease it year round. And thanks to the large influx of tourists and it’s possible to repay the loan, which was purchased by real estate in a couple of years.

Montenegro is constantly evolving in economic terms, forging links with reputable European states and positioning itself as the convenient and promising platform for business. Therefore, in Montenegro annual demand is growing not only for the resort property, but also commercial. The increasing stream of tourists requires continuous infrastructure development. And this factor is the main driving force for the price increase on commercial estate in Montenegro. Totally for 2 years, except generating the profit from tourists, the owner of bar or restaurant in Budva may sell its business by 20-30% more expensive than its original cost. So, what kind of real estate in Montenegro it would be: luxury apartments in Tivat, villa on the coast in Budva, the mansion in the ski resort Kolasine or commercial real estate, becoming its owner, you’ll always win.And besides the material satisfaction you still get morale. Because feeling that you are owner of property in Montenegro, the pearl of the Adriatic Sea is exclusive pleasure.

Villas, condos, townhouses, twins, quads, and single-family homes at the beach or in beach resorts. Vacation homes offer a great opportunity for investors. The second home and vacation home market has been skyrocketing. The baby-boomer generation is in or approaching its’ peak earning years and not afraid to spend money on real value.

Across the board from coast to coast the Pacific, Atlantic, or along the Gulf beach front and beach areas have taken off. Some coastal resort properties have increased in value 60% and more over a 12 month time period. The areas are not only the prime high priced island and gated communities but almost any where near the ocean. A couple of years ago the quiet lower priced areas saw a big demand and their values have exploded. Two years ago the $140,000 rancher near the beach has now become the $350,000 beach house with no renovations just straight appreciation.

Friends bought a 2 bed 2 bath 1000 sq ft condo near the beach (not on the beach) for $355,000 Feb 2005. 4 months later another friend bought in the same building, same size unit for $415,000. Now 10 months later another condo in the same building, same size unit sold for $495,000. Can you believe it $140,000 in10 months with no money down. There is a waiting list to buy these 23 year old condos they are sold over the phone when they become available.

16 Beach front condos sold in 45 minutes. Average price was 1.4 million dollars the 2 penthouse units sold for1.8 million. The sale was pre construction by lottery. Each potential buyer either deposited or had a letter of credit for $200,000 in order to be placed on the list. Pricing was fixed by the developer on the day of the drawing no one knew in advance. The drawing process was very simple as your name was drawn you could pick which unit you wanted and at the pre determined priced. The buyers’ only decision was yes or no. The 16 units sold to the first 16 names drawn no one backed out. There were 190 buyers in the lottery. This year the second building sold faster and for more money.