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Blog

Articles about real estate, life and investments in Montenegro

59 articles found

All categoriesUseful ArticlesLatest News
All categoriesНедвижимость в ЧерногорииПолитика и финансыПолезно знатьГражданствоПМЖ и ВНЖРасходы и налогиТрадиции и праздникиПутеводители и маршрутыОбществоТуры и рейтингиДороги и автомобилиПраздники и фестивалиСтроительствоЭкологияLife in MontenegroResidence PermitLegislationInvestmentsTourism & LeisureReal EstateMontenegro News
Real Estate Sales in Herceg Novi Fell by 90%Real Estate

Real Estate Sales in Herceg Novi Fell by 90%

The number of transactions decreased due to the pandemic. However, demand on the market remains, and housing prices are generally staying at the same level. View all listings in Herceg Novi. The most in-demand properties are apartments by the sea and in the city center, houses with a view of the bay, ...

July 28, 2020Read more →
Interest in Plots in Kolašin Is GrowingReal Estate

Interest in Plots in Kolašin Is Growing

The cost of land in Kolašin ranges from 80 to 400 euros per sq. m. The greatest demand is for plots of up to 400 sq. m for the construction of private houses. After 2010, sales in Kolašin dropped sharply; however, since the beginning of this year, the land market in...

May 8, 2020
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The Cost of a Square Meter of Housing in Montenegro Has IncreasedReal Estate

The Cost of a Square Meter of Housing in Montenegro Has Increased

The average cost per square meter in a new-build property in the coastal region amounted to 1,451 euros, in the central region to 694 euros, and in the northern region to 764 euros. In Podgorica (the capital of Montenegro), the price reached 1,086 euros per square meter, according to d...

February 22, 2020Read more →
A businessman from Kosovo purchased a plot in Ulcinj for 900,000 eurosReal Estate

A businessman from Kosovo purchased a plot in Ulcinj for 900,000 euros

The Municipality of Ulcinj sold a 448-square-meter plot in the Pristan area at tender for 900,000 euros. The price per square meter of land is 2,000 euros. The buyer is Kosovo businessman Lirim Mustafa. The plot itself is located in an attractive...

February 14, 2020Read more →
Apartments in new developments in Podgorica have risen in price by 8%Real Estate

Apartments in new developments in Podgorica have risen in price by 8%

The largest price increase was in the Tološi district. Apartments here have risen in price from 1,400 to 1,600 euros per sq. m. This is due to the launch of several luxury-class projects on the market. In the Momišići district, apartment prices have reached 1,800 euros per sq. m, local real estate agents note...

February 7, 2020Read more →
Property in the Portonovi complex starts at 350 thousand eurosReal Estate

Property in the Portonovi complex starts at 350 thousand euros

Prices in the Portonovi complex, located in the village of Kumbor on the Herceg Novi Riviera, range from 350 thousand euros for apartments to 15 million euros for individual villas. Detailed information about prices and current properties in Portonovi can be...

December 10, 2019Read more →
The cost of a square meter of housing in Montenegro is 1,365 eurosReal Estate

The cost of a square meter of housing in Montenegro is 1,365 euros

The cost of a square meter of housing in a new building in Montenegro from the beginning of July to the end of September is 1,122 euros. The data were provided by the MONSTAT statistical office. This is 2.4 percent less than in the same period last year. And so...

November 22, 2019Read more →
O
Real Estate

Only 1% of Real Estate Properties in Montenegro Were Legalized This Year

Since July 15 of last year, when the deadline for submitting property legalization applications expired, only owners of 643 properties (1.2%) have received approval. Applications are reviewed at the local level. Legalization has been denied for about 3,800 properties due to their...

October 19, 2019Read more →
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Real Estate

The Ritz-Carlton Hotel Will Open in Montenegro in 2023

The first The Ritz-Carlton hotel will appear in 2023, according to the business magazine Business Daily. Sales of the residences are scheduled to begin in 2020. “The favorable location on the Adriatic coast makes Montenegro a favorite Mediterranean...

October 5, 2019Read more →
A
Real Estate

Apartment Prices in Luštica Bay – from €336,000

In the first phase of the Luštica Bay complex, 90% of the apartments have been sold. The developer also offers detached houses and villas priced from €850,000 to €2 million. The largest share of buyers in the Luštica Bay project comes from Germany, Austria, and Switzerland...

September 7, 2019Read more →
T
Real Estate

The average property price in Bar is 1,400 euros per sq. m

The highest demand for properties is in homes near the Cathedral of St. John Vladimir, as well as close to the Soho and Pascucci cafes. In addition, the central part of Bar continues to attract the most attention from buyers. The Montenegrin real estate market...

September 3, 2019Read more →
D
Real Estate

Developers in Budva Will Pay Tax on Unsold Apartments

Developers of unsold apartments in buildings under construction will be subject to a 1% tax, while in completed mixed-use commercial and residential complexes the tax will be 0.5%. Owners of temporary structures will pay a tax of 0.4% of their value. In addition, closed...

September 2, 2019Read more →
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