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Blog

Articles about real estate, life and investments in Montenegro

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Israeli BIG Plans to Buy Capital Plaza

Israeli BIG Plans to Buy Capital Plaza

The largest shopping center in Montenegro, Delta City in Podgorica, has officially become BIG Fashion, part of the BIG CEE group, an Israeli company that acquired the country’s largest shopping center for 95 million euros in February this year, the shopping center ...

September 11, 2022Read more →

How Much Montenegro Earned from the Economic Citizenship Program

How Much Montenegro Earned from the Economic Citizenship Program

Under the economic citizenship program, 29 million euros in taxes have been paid into Montenegro’s budget, according to data from the investment agency provided to Dan. In addition, 22 mil...

September 2, 2022Read more →

Montenegro Will Continue Building the Highway to Serbia

Montenegro Will Continue Building the Highway to Serbia

The continuation of construction of the Bar-Boljare highway from the Montenegrin port to the southern border with Serbia may begin in two years, Monteput said. The company said that by the end of 2022, conceptual designs for two sections will be completed...

September 18, 2022Read more →

Portonovi has requested permission to build a helipad

Portonovi has requested permission to build a helipad

The Herceg Novi-based company Azmont Investments has submitted a request to the Ministry of Ecology, Spatial Planning and Urbanism for a permit to build a helipad at the marina for nautical tourism. Montenegro already has a heli...

September 8, 2022Read more →

In Montenegrin households, more than a third of money goes to food, and the least to culture and education

In Montenegrin households, more than a third of money goes to food, and the least to culture and education

The largest share of spending in Montenegrin households is on food — 37.1% — and utility expenses (housing, water, electricity) — 15.1%. This is followed by spending on clothing and footwear — 9.8%, transport — 9.1%, communications — 6.1%, health — 4.9%, furnit...

September 14, 2022Read more →

Montenegro Earned Nearly 1 Billion Euros from Tourism

Tourism & Leisure

Montenegro Earned Nearly 1 Billion Euros from Tourism

The tourist season is going very successfully, despite the “predictions of certain individuals,” said the Minister of Economic Development and Tourism in the Technical Government, Goran Đurović, adding that Montenegro’s revenue is approaching 1 billion euros. The ex...

September 5, 2022Read more →

Construction of a 5-Star Marriott Hotel Has Begun in Kotor

Construction of a 5-Star Marriott Hotel Has Begun in Kotor

In the very heart of Kotor, near the Old Town, construction has begun on a five-star luxury Marriott hotel on the waterfront site (where the former URC Hospitality and Recreation Center was located). The hotel and tourism complex is being built by Montenegrin...

August 30, 2022Read more →

Real estate prices in Montenegro have risen by more than 11% over the year

Real estate prices in Montenegro have risen by more than 11% over the year

According to Monstat, property prices in the country are 11.5% higher than in the same period last year. The average price per square meter of housing in Montenegro jumped to 1,380 euros in the second quarter. Compared with the previous quarter, the average pri...

August 22, 2022Read more →

The traditional festival “Bokeljska Night” will take place on August 20 in Kotor

Holidays & Festivals

The traditional festival “Bokeljska Night” will take place on August 20 in Kotor

The traditional festival, which has the status of intangible cultural heritage, “Bokeljska Night” will take place in Kotor on Saturday, August 20, starting at 9:00 p.m. 32 originally decorated boats, meeting the competition requirements, will pass through the waters of K...

August 19, 2022Read more →

The Most Successful Banks in Montenegro in 2022: How Much CKB, Erste, and NLB Earned

Politics & Finance

The Most Successful Banks in Montenegro in 2022: How Much CKB, Erste, and NLB Earned

Banks operating in the Montenegrin market earned a profit of 31.1 million euros in the first six months of this year, according to operating reports submitted to the Central Bank of Montenegro (CBCG). Nine banks ended the first half of the year with a pr...

August 17, 2022Read more →

Montenegro’s economy is the most dependent on tourism of all European countries

Tourism & Leisure

Montenegro’s economy is the most dependent on tourism of all European countries

According to a study by the World Travel & Tourism Council (WTTC), Montenegro’s economy is the most dependent on tourism of all European countries. According to these data, tourism accounts for 30.8% of Montenegro’s GDP. Next to Montenegro in terms of share...

August 13, 2022Read more →

The number of tourists in Montenegro is growing

Tourism & Leisure

The number of tourists in Montenegro is growing

This year, hotels in Montenegro have almost one and a half times more tourists than a year earlier. The most numerous tourists are from Serbia, Germany, and Albania. In the first half of the year, 350,900 international tourists were recorded in Montenegro, who arrived in Mo...

August 10, 2022Read more →

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