In recent years, Montenegro has been called the New Mediterranean, thanks to its beauty and wonderfully mild climate that attract an increasing number of visits each year. This destination is an excellent investment opportunity, peaking in popularity both as a tourist and investment destination. More and more buyers and investors are choosing this country for its combination of charm and convenience, and of course - return on investment.
Here’s a list of Montenegro’s most incredible towns with centuries-long tradition and their stunning Adriatic views that have investors and buyers smitten:
⦁ Kotor
Kotor is a UNESCO World Heritage site that provides ample opportunities to get lost in its mesmerizing history tales. It is a popular tourist destination with numerous historic structures and amazing views of the bay.
⦁ Budva
Although Budva has a beautiful and well-preserved Old Town, it is famous for its modern development and construction. Large numbers of visitors come to Budva every year, as this town is a well-known tourist destination famous for being one of the best nightlife hotspots.
⦁ Herceg Novi
Ranked as one of 10 of the world’s best coastal cities by Time Out Magazine, among those that combine the best of both worlds when it comes to culture and city attractions and spending time in nature and close to the sea, Herceg Novi is unique. It has been further promoted with the development of Portonovi - a world-class resort with numerous luxury amenities and a rich calendar of all-year-round events that attract attention and add significant value to the Herceg Novi offer.
⦁ Bar
Bar is known as a seaport with a beautiful climate. It is the exception on the Montenegrin coast, as its old town is not located on the coast. In this town, you can find testaments of different cultures in the area, as well as one of the oldest olive trees in the world.
Montenegro investment is a safe choice, especially if you choose a beachfront property in Herceg Novi. Buyers get many benefits by investing here - probably the most important being that high value is guaranteed. Properties here retain their value, and they are always in demand when it comes to both renting and buying.
If you want the best money can buy, choose Portonovi. Check out our real estate offer of beachfront properties with luxury amenities and a sandy beach. Or choose from our rental offer to experience the New Mediterranean and see why this is your best choice for the next investment.
Did you know location is the most important factor when choosing a property? Whether you’re choosing a vacation spot, a place to relocate to, or looking for an investment opportunity – you may have a list of the most important conditions - and location must be on it.
Coastal properties as an investment or a holiday home have always been the most sought-after. However, the beachfront position is just one in a list of demands all prospective buyers should check to be satisfied.
During the previous year, the entire world faced economic difficulties, but despite this, the real estate market in the world and in the region continues to flourish. This is supported by the data of the Central Bank of Montenegro, which show that in 2022, foreign citizens bought real estate worth as much as 410 million euros, most of which was on the coast.