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  • Writer's pictureelenaburan

Dialogue at the Networking Meeting on the Real Estate Industry in the Adriatic

Updated: Mar 10

Ana: Hello, I'm Ana. I work as a real estate agent and I'm interested in the real estate market on the Adriatic, especially in Montenegro. How would you compare the quality and prices of housing in Montenegro with other Mediterranean regions?

Petar: Good day, Ana. I'm glad you're interested. I'm Petar, and I specialize in real estate appraisal on the Adriatic. Generally, Montenegro offers an exceptional quality-to-price ratio, especially when it comes to seaside housing. For example, the prices of luxury apartments on the coast in Montenegro range from 2,000 to 4,000 euros per square meter, which is significantly more affordable compared to prices in some parts of Italy or France, where prices can go up to 10,000 euros per square meter.

Ana: That sounds very attractive. Can you give me more details about the real estate market in Montenegro?

Petar: Certainly. Montenegro is particularly known for its luxury development projects and resorts such as Porto Montenegro and Luštica Bay, which offer high-quality apartments with access to numerous amenities like marinas, golf courses, restaurants, and spa centers. As for family houses or villas, prices range from 200,000 to several million euros, depending on the location and view.

Ana: What's the situation with renting?

Petar: Renting properties in Montenegro also offers a good price-to-quality ratio, especially for short-term rentals during the tourist season. The average rental price for apartments on the coast can be from 50 to 150 euros per night in season, depending on the location and luxury of the property. This provides an excellent opportunity for real estate investors to achieve a significant return on investment through short-term rentals.

Ana: How does Montenegro compare with other Mediterranean regions in terms of investing in real estate?

Petar: Montenegro has become an increasingly popular destination for real estate investors, thanks to its stable economy, favorable tax regime, and beautiful natural surroundings. While real estate prices in other Mediterranean regions have often already peaked, Montenegro still offers room for value growth, making it an attractive investment destination. Moreover, by investing in Montenegrin real estate, investors get the opportunity to apply for the economic citizenship program, which is an additional incentive.

Ana: Thank you, Petar, for this valuable information. I will definitely consider Montenegro as a highly interesting destination for investing in real estate.

Petar: You're welcome, Ana. If you have more questions or need detailed information, feel free to contact me. I look forward to a possible collaboration.

Ana: I certainly will. Thank you again and I hope for a successful cooperation.


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