Inexpensive properties in Montenegro

Cheap real estate in Montenegro. Prices, districts.

Why is there a rapid growth of the cheap real estate market in Montenegro nowadays?
There are several explanations. Inexpensive real estate is the main argument.
Super-attractive Climatic and natural conditions

In 1991, the country was declared a country of pure, untouched and protected nature. This means that the local unique nature is protected by the state. Climate: Mediterranean, the average air temperature in summer is +27C, in winter, in January, - +11.7 C. The average temperature in summer is +24.7C, the maximum is +27.1C.
It is located on the shores of the warm Adriatic Sea. This is what primarily explains its unique climatic conditions. The 97 km long natural beaches are especially attractive for tourists. Up to 300,000 bathers can relax on numerous beaches (there are more than 117 of them) at the same time. (For reference, the population is 660,000 people).

The Adriatic Sea with a coastline of 293.5 km provides exceptional attractiveness. The Adriatic is warm water, with a maximum water temperature in summer of +27.1 C, the lowest in winter of +10.8 C, and an annual average of +18.5 C. This allows you to swim between May and October and ensures a long tourist season.
The salt content in the water is about 36%. This determines the ease and convenience of swimming and has a beneficial effect on the health of swimmers. The Adriatic is calm: mild and pleasant winds (sea breeze) blow in the summer. Therefore, large shafts rarely appear.
The Montenegrin rivers are particularly attractive factors. The most famous rivers are: Tara (tear of Europe), Piva, Moraca, Lim, Zeta, Ibar, Chehotina and Boyana. The rivers are characterized by incredibly beautiful canyons and valleys. Due to its beauty, glaciers, the attractiveness of the landscape, and the quality of the water, it is very suitable for rafting, rowing, swimming, and fishing. It is people who love the coast who first of all buy inexpensive real estate in . These are young people and pensioners.

Healing springs and mud deserve special attention. The radioactive mud baths of the Igalo Institute of Physical Medicine are known all over the world.
The unique combination of air flow directions from the mountains and from the coast, when mixed in the area of Prchen, ensures the cure of diseases such as bronchial asthma in 1-1.5 months without any medical intervention.
Forests occupy 41.9% of the entire territory, providing it with a unique clean air. Inexpensive real estate costs on average from 60,000 euros, and according to Korman, many people today.

Spiritual and linguistic affinity.

The country is historically close to Russia. This closeness is confirmed by numerous examples when Russian and Montenegrin warriors fought shoulder to shoulder against common enemies. This proximity is confirmed by the presence of many common words in Serbian and the languages of Russians, Ukrainians and Belarusians. Montenegrins are joking today: "You and I are 150 million people." Montenegrins are an extraordinarily friendly people, and the country is probably the only one in the whole world where Russians are truly loved and respected.

Preferential taxation of owners of inexpensive real estate and land

If the natural and climatic conditions, the presence of cultural and historical monuments can be compared with countries such as Greece, Spain, Italy, France, Cyprus, then, from the point of view of taxation, this country stands apart. Significantly lower tax rates for the purchase of real estate and land, lower annual taxes and lower utility and local payments make the purchase of cheap real estate more attractive and profitable than anywhere else.
The cost of building materials and the construction itself is much lower today than in the above-mentioned countries. Moreover, the difference in some important construction positions is several times. For example, if you hire a team of workers, then the salary of one employee per month may be 2-3 times lower than in France or Spain. The cost of building materials is approximately the same as in other countries, sometimes even lower. And significantly lower than in Spain and France.
The cost of the most inexpensive real estate and land plots is still significantly lower than in competing countries in terms of natural and climatic conditions.

The rapid growth of the low-cost real estate market in the last 2-3 years. Previously, the market was full of offers starting from 30 thousand euros, but now prices have increased 2-4 times. During this period of time, land prices and real estate volumes increased by 200%.

Your inexpensive real estate can be a constant source of income. If you have purchased a large villa, cottage or Montenegrin house (as a rule, they have 2-3-4 different entrances), or apartments, and you are not going to live in your property all year round, we will help you to use it commercially in your free time from the owners. Thus, your property is not only growing in value, but it can also be a real source of income.
How and where to choose affordable housing?

Currently, there are 4 zones on the coast where the real estate market is growing most actively. These are: Boka Kotorska, (Herceg Novi, Risan, Gospa from Skrpiela, Perast, Kotor, Tivat). Budva Riviera (Budva, Becici, Rafailovici, Kamenovo, Milocer, St.Stephen, Petrovac).Barskaya Riviera (Bar). Ulcinj Riviera (Ulcinj and Ada Bojana).

The most expensive real estate on the coast is located on the Budva Riviera. The cost of land here can reach up to 3,000 Euros per square meter on line 1. The cost of land in Boka Kotorska is slightly lower. Here, land prices on line 1 reach 1,700 Euros per square meter. Approximately the same price level for land on line 1 in Barska Riviera and Ulcinj Riviera is 190-250 Euros per square meter on line 1.
We offer you a short tour of the most famous places on the Adriatic coast of Montenegro, so that you can more easily navigate the most important question when choosing a property - where to buy?