The highest demand for real estate is in buildings near the Cathedral of St. John Vladimir, as well as close to Soho and Pascucci cafés. In addition, the central part of Bar continues to attract the greatest attention from buyers.
The Montenegrin real estate market has come back to life after a long period of stagnation, say real estate agencies. This is also indicated by data from the statistical agency Monstat. In the second quarter, prices in new developments across the country rose by 11.6% compared with the same period last year.
Some believe that Montenegro’s accession to NATO influenced the increase in the number of foreign buyers. However, many real estate agents do not see this as a reason for higher demand.
At the moment, real estate prices in Bar range on average from 1,300 to 1,500 per sq. m. You can view current property listings in this cityon our website.