As of recently Montenegro is getting huge attention of astute long term real estate investors and Montenegro has become one of top 3 property investment destinations in the world. Snapping a property in Montenegro has all necessary ingredients that property investors are looking for and that made Montenegro real estate market by far the fastest growing property market in Europe right now and one of the fastest in the world. According to real estate professionals the property prices in Montenegro are predicted to grow at rates up to 30 % yearly and security of those investments are very high and can yield to hefty profit. Montenegro is independent country with rising tourism and it's government is putting efforts to attract foreign capital investment, the laws are changed to accommodate investors and ease often complicated bureaucracy procedures. The taxes are low and as a result of all said a large capital investments had spilled into the Montenegro coast area causing construction of new facilities and hotels. Montenegro real estate market follows the changes with rapid growth.
Montenegro is a small country with around 14,000 sq km, with fantastic scenery, mountains that are capped with snow, deep blue rivers and fjords, over 200 miles of coastline with sandy beaches and crystal clear water, historical monuments and old Mediterranean towns along the coast. From the real estate investment point of view Montenegro is similar to Croatia, has more to offer than Turkey and Bulgaria in respect to natural environment and relationship between property prices and large touristic growth. Since the property prices boom in those countries already happened and Montenegro opened it's door to foreign investments it was easy to predict Montenegro will follow the route of Croatia primarily. There are other attributes and factors that make Montenegro real estates a very attractive investment opportunity. Buying process is easy and very straightforward, taxes are low and property prices are still somewhat cheaper than in neighboring Croatia.
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