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Montenegro Fact File

Population: 630,000
Capital: Podgorica (administrative capital) and Cetinje
Currency: Euro
Approx. exchange rate: £1 sterling = €1.45
Visas: None required
Time difference: +2 GMT
Flight time from Ireland/UK: 2 hours 40 mins
Major airports: Tivat, Podgorica, Dubrovnik (Croatia), Belgrade (Serbia), Bari (Italy)
Dialling code: 00 381

International Properties

Montenegro

All signs indicate that Montenegro is a property success story in the making. Now independent from Serbia, its breathtaking 294-kilometre stretch of coastline and granting of EU-funded improvements to its infrastructure, the picturesque Mediterranean coastline combined with the relaxing lifestyle and diversity of holiday activities from winter skiing to white water rafting inland is making Montenegro the new hot-spot of the Mediterranean.

The Montenegro government backed by high profile developers have an ambitious strategy for each region, including new marinas and luxury golf resorts for bays up and down the coast, and the transforming of an old navy base at Tivat into the largest marina on the Adriatic. Agents report a massive 30 per cent price hike in property along the northern coast, where tourism is growing at an alarming rate. To date, most properties bought by foreigners in Montenegro have been old stone renovation projects with strong capital growth potential. This was due to the huge shortage in supply of modern state of the art luxury apartments. Hence, why Adriatic Investments properties are in such demand. Our developments in Montenegro offer the market alternative; modern, spacious, sea-view apartments in key high growth coastal areas.

Montenegro's current property hot spots centre around the beaches and fishing villages of the Budva Riviera on the Adriatic coast, and the UNESCO-protected Boka Kotorska, which includes the bay and town of Kotor, and the towns of Perast and Prcanj. Off-plan properties in the exquisite waterfront locations of Tivat, Budva & Becici are particularly rare. Prices and further information on our exclusive luxury two-bedroom apartments can be found by contacting us at any of our offices.