The sea and the mountains, a great climate and an excellent environment - what else do you need for more than a wonderful holiday in Montenegro? The answer is simple - a private real estate in Montenegro! Because only your own home will make your holiday not only to last longer, but also to be private. Nowadays many people are able to fulfill that dream of a piece of paradise on the shores of the Adriatic Sea - the local housing prices are much lower than in neighboring countries in the region.
Among the buyers of property in Montenegro can be found not only lovers of sea and mountain luxury holidays. The local market is very popular among those who want to have a stable income. Holiday housing in the country, especially in the area of Budva Riviera, enjoys a very high demand among tenants. And the rental rates during the peak tourist season on the houses, flats, apartments and villas in Montenegro are rather high.
Among the attractive features of the housing market in Montenegro is necessary to highlight that in the country there is a very large variety of primary homes. As is well known, Montenegro has recently gained a fame of attractive tourist destination. And that is why the property in local resorts is largely represented by newly constructed accommodations. Moreover, local builders are beginning to sell housing at the stage of excavation, which allows future owners to save a lot of money on the difference in price with similar, but already placed in service, lodging.
Lodging in Montenegro can be bought or build. The state market is open to foreigners and local laws do not prohibit buying a land for a new construction. Despite this, there are still restrictions for non-residents. For example, foreign buyers cannot purchase land plots larger than 5000 square meters. Furthermore, construction on some plots may also be prohibited, as buying of any property near the state border.
