Property in Montenegro
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The
potential for capital appreciation in Montenegro is
significant. Property prices are very competitive even
to when compared to its neighbours – e.g.
25% less than Croatia. As the Republic moves closer to
EU accession we expect property inflation to rise as
per other countries – e.g. Greek property prices
rose by up to 400% in the 4 years running up to membership.
In addition, tourism and foreign investment demonstrates
consistent growth. Accordingly, during the peak holiday
season it is currently difficult to find vacant holiday
properties. We estimate the annual gross
yield of rental properties to be between 7-9%. Click
here for our Investment Guide to Montenegro. |
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About
Montenegro
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Montenegro
is quite simply stunning and a
nature-lover’s paradise.
Over half of the Republic consists
of mountains and high pasture valleys
with over 35 lakes and the World’s
largest clean water gorge. The
Republic offers 117
sandy beaches, dramatic fjords
and ski resorts.
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| JOINING
THE EUROPEAN UNION |
| Serbia and
Montenegro maintain a loose federal
union whilst managing their own economic
affairs, tax collection and government
spending. They also have different
currencies (Montenegro uses the Euro).
Both republics are working towards
joining the EU and NATO in order
to build political, social and economic
cooperation within Europe. The international
community fully supports these aspirations.
Serbia and Montenegro joined the
Council of Europe in April 2003. |
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| ECONOMIC
TRENDS |
Following
the end of the war in Kosovo, the
economy of Montenegro grew sharply
6% in 2000 and 2001. The economy
grew 4% in 2005.
In 2005 Serbia and
Montenegro's GDP was US$ 25.46
billion with GDP per capita US$
2,600.
Montenegro has completed its voucher-based
mass privatization program. 50%
of the economy has now been privatized.
General trading in shares commenced
in 2003. Tourism is the primary
economic sector. |
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| HOW
TO GET THERE |
By Air
- Approximately 2 hours 40 minutes
flight time from London to
either of the two international
airports
in Montenegro (Podgorica and
Tivat), and one in Croatia (Dubrovnik)
which service air travel for
the
region.
- National carrier, Montenegro
Airlines, operates scheduled
flights to the
two international airports
Tivat and Podgorica. Montenegro
airlines
and JAT (Yugoslave Air Transport)
manage scheduled flights, while
a number of other companies
organise flights to Podgorica,
Tivat and
Dubrovnik during the tourist
season. Charter
flights are frequent during
the tourist season.
- Tivat Airport is 4 km away
from Tivat, 20 km from Budva
and Herceg
Novi, 58 km from Bar. Dubrovnik
airport is 24 km from Herceg
Novi, 44 km from Tivat and 68
km from
Budva.
By Sea
- Regular ferries operate to
and from Italy‘s Adriatic coast
on the following routes: Bar-Bari,
Bar-Ancona and Kotor –Bari.
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| CLIMATE |
| The coastal
belt averages temperatures in July
from 23 °C to 25 °C. The
summers are usually long and dry,
and the winters short and mild. In
the mountain regions the climate
is a typical sub alpine climate,
with cold snowy winters and moderate
summers. |
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| OUR
SERVICE |
| At Sunshine
Estates we provide a wide range of
houses for sale in Montenegro. Working
only with English-speaking
Estate Agents and Property Developers we
are able to offer villas, apartments
and country homes in the most attractive
areas including the beach areas and
fjords. Properties in Montenegro
are typically stone-built and finished
to a high-quality. |
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Regions
in Montenegro : Adriatic
Beach Kotor
Bay Fjords
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Additional
Resources
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Vacation villa rentals - Thousands of vacation villas to rent in different locations including Serbia and Montenegro. Choose from villas, chalets, apartments, cottages and more...
search-villas.com
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Willgoto - Montenegro - Everything about travelling to Montenegro and everywhere around the world. Hotels, rentals, airlines, tourist services, maps, weather, pictures, and all other useful links sorted by destination and by topic.
willgoto.com
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Car hire in Montenegro - Car Hire in Serbia and Montenegro. Find interstate rental cars including luxury and economy models...
beneluxcar.com
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Travel Links Directory - Serbia Montenegro - Find Montenegro hotels, extensive travel and tourism information at the Travel Links Directory...
travellinksdirectory.com
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Visit Montenegro - Montenegro – the pearl of the Mediterranean, unique in many ways is situated in the south of the Adriatic. At the official tourist web site, find extensive information on Montenegro including tourist attractions, weather, economy and more...
visit-montenegro.com
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Budva, Montenegro - Tourist Guide || Budva, Montenegro - Turisticka Ponuda - Budva, Montenegro - Tourist guide: hotels, accommodation, apartments, villas, rooms, restaurants, real estate, properties in Budva, Becici, Sveti Stefan, Rafailovici and Petrovac
rivijera.net
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