Montenegro, poised on the brink of EU accession acceptance, is undoubtedly the most exciting country in Europe for property investors today.
The wealth of potential in the market stems from the fact that real estate in Montenegro is massively undervalued, it is growing in demand from those seeking an affordable holiday home in the sun, Montenegro is growing in popularity as a holiday destination, the country is aligned for EU acceptance and the local economic reforms entered into by the government of Montenegro are resulting in strong and sustainable levels of foreign direct investment.
The climate in the property market in Montenegro right now is therefore incredibly ripe and it is attracting real estate investors from around the world.
Immediate gains can be realised from the rental of suitable coastal properties to the fledgling but burgeoning tourism market, with longer term rental income likely from well appointed and located apartments in the main towns in this tiny gem of a European country.
Medium to long term the property market in Montenegro is likely to reward a patient investor with substantial capital growth because as the local...