The real estate market remains the main driver of foreign capital inflows into Montenegro. According to the Central Bank of Montenegro, from January to May 2025, foreign investment in real estate amounted to 191 million euros — this is 86% of all direct investments.
The total inflow of foreign direct investment amounted to more than 354 million euros. Although this is slightly less than in the same period last year, the housing market is showing resilience. The main investments are in apartments and houses on the coast, where demand exceeds supply.
These data confirm the steady interest of foreign citizens in buying property in Montenegro, which affects price growth and the development of the construction sector. Properties in Budva, Tivat, Herceg Novi and Bar, as well as in premium-class complexes, are popular.
The ongoing interest in Montenegrin real estate makes the country attractive both for private investors and for developers, who are accelerating the construction of new residential and resort properties.