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 to191 million euros— this is86%of all direct investments.
Total foreign direct investment inflows amounted tomore 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 figures confirm the steady interest of foreign citizens in buying property in Montenegro, which affects price growth and the development of the construction sector. Properties inBudva,Tivat,Herceg Novi, andBar, as well as premium-class complexes, are especially popular.
The ongoing interest in Montenegrin real estate makes the country attractive both for private investors and for developers, who areacceleratingthe construction of new residential and resort projects.