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Blog

Articles about real estate, life and investments in Montenegro

1167 articles found

All categoriesLife in MontenegroResidence PermitLegislationInvestmentsTourism & LeisureReal EstateMontenegro News
Montenegro Records a Decline in Real Estate PricesReal Estate

Montenegro Records a Decline in Real Estate Prices

Apartment prices in new developments in Montenegro have been steadily decreasing in 2020. According to the latest data from the Monstat statistical office, the average price per square meter of housing in a new building is 876 euros. The most expensive residential property is located on the coast...

April 1, 2024Read more→
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Montenegro News

The largest yacht in the world has docked in Montenegro

The vessel arrived in Tivat, at the Porto Montenegro marina. The owner of the yacht Azzam is Khalifa bin Zayed Al Nahyan, the President of the United Arab Emirates (UAE) and the Emir of Abu Dhabi. The yacht is 180 m long and 21 m wide. The yacht’s cost is 610 million euros. It was built ...

March 31, 2024Read more→
Last year, Montenegro had 2.18 million touristsTourism & Leisure

Last year, Montenegro had 2.18 million tourists

According to preliminary Monstat data, 2.18 million tourists and 12.43 million tourist overnight stays were registered in Montenegro last year. “Of the total number of overnight stays, 95.5% were made by foreign tourists and 4.5% by domestic tourists,” the statement says....

March 30, 2024Read more→
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Investments

Montenegro is developing €3 billion in investments in the tourism industry

Among the largest projects in the tourism industry are the Portonovi complex on the Herceg Novi Riviera, Luštica Bay on the Luštica Peninsula, and Porto Montenegro in Tivat. The investors behind these projects are showing other market players that Montenegro is a safe place for ca...

March 30, 2024Read more→
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Tourism & Leisure

The 5th “New Wave” Festival Will Take Place in Budva

The festival will take place on September 6 and 7 and will bring together young composers and directors from Montenegro, Serbia, Croatia, and Bosnia and Herzegovina. The main venue is the square near the church in Budva’s Old Town. Film screenings will start at 8:00 p.m. The concerts, however, wi...

March 30, 2024Read more→
Israeli BIG Plans to Buy Capital PlazaMontenegro News

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 ...

March 29, 2024Read more→
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Investments

In 2018, Montenegro's national economy grew by 5%

Montenegro's GDP reached 4.66 billion euros compared with 4.3 billion euros a year earlier, according to the statistical agency Monstat. By comparison, Russia's GDP growth rate in 2018 was significantly lower at 2.3% (Rosstat data). In 2018, gross...

March 29, 2024Read more→
Montenegro Wants to Abolish VAT on the Purchase of Solar PanelsReal Estate

Montenegro Wants to Abolish VAT on the Purchase of Solar Panels

Montenegro may follow Croatia’s example and abolish value added tax (VAT) on solar panels, as governments in the region increasingly recognize the importance of rooftop solar power plants for homes and businesses as a measure to...

March 29, 2024Read more→
New Bypass Road Around Budva: Bridges and Tunnels for 200 Million EurosInvestments

New Bypass Road Around Budva: Bridges and Tunnels for 200 Million Euros

The new bypass around Budva is planned to become one of the most modern road arteries in the country, with a cost of nearly 200 million euros. The new route will significantly reduce summer traffic jams and provide a safe and fast connection ...

March 27, 2024Read more→
The new package of support measures will cover more than 100,000 citizens of MontenegroMontenegro News

The new package of support measures will cover more than 100,000 citizens of Montenegro

In Montenegro, a new package of economic measures to support citizens for the first quarter of 2021 covers more than 100,000 people, said Minister of Economic Development Jakov Milatović. He also noted that this is almost every fifth resident of the country. Pen...

March 27, 2024Read more→
Fuel Prices Are Rising in MontenegroMontenegro News

Fuel Prices Are Rising in Montenegro

At present in Montenegro, a liter of BMB 98 costs 1.62 euros, BMB 95 costs 1.58 euros, and Eurodiesel costs 1.45 euros. The increase in fuel prices in Montenegro may be addressed by the adoption of the Excise Law by the Parliament of Montenegro, which would make it possible to reduce excise duties...

March 25, 2024Read more→
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Montenegro News

The superyacht Christina O has docked in Tivat

The legendary Christina O, once owned by Greek shipping magnate Aristotle Onassis, docked at Porto Montenegro in Tivat two days ago. It is 99 m long and has a maximum speed of 19 knots. The vessel began its life 75 years ago...

March 25, 2024Read more→
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