Investing in real estate in Montenegro: affordable options for everyone

The availability and attractiveness of real estate in Montenegro
Why should you consider buying an apartment in Uteha and Bar?

The popularity of real estate in Montenegro

Real estate in Montenegro has gained popularity among investors in recent years. However, today not only large developers and businessmen are entering the market. Nowadays, to become a property owner in such sought-after cities as Budva or Bar, it is not necessary to have significant funds.

The purchase of real estate has become more accessible, and now anyone can visit the Adriatic coast at any time of the year. We have prepared a list of interesting and affordable apartments in Montenegro to make your choice easier.

Price diversity in the market

The real estate market in Montenegro offers a variety of prices that depend on the specific region. Despite the country's small size, the price per square meter can vary from1200 to 2100 euros.

It is obvious that coastal areas have a higher cost, while apartments in city centers are usually in demand among locals.

Starting from 2017, the market began to show stability, and since then, property prices have significantly increased. This is due to both internal reforms and international events that took place in the country. It was largely during this period that the attention of investors from around the world shifted to Montenegro as an attractive option for real estate investments.

The impact of tourism on prices

The constant increase in the number of tourists has contributed to the rise in real estate prices in popular regions, such asBudva Rivierawhere the cost per square meter ranges from2000 to 2500 eurosAt the same time, in Bar, which is the main economic center of the region, the average price of housing ranges from1300 to 1750 eurosper square meter.

There are also elite real estate sectors here, for example, at the resort of Sveti Stefan, you can find villas and luxurious mansions starting from3500 eurosper square meter.

Affordable housing in Montenegro

If you pay attention to the available housing in Montenegro, you can find some interesting offers. For example, inGood Wateryou can buy a new apartment for40,950 eurosa 39 square meter apartment with one bedroom.

Dobrova Voda is a small resort village located between the cities of Bar and Ulcinj, known for its calm and secluded coastline, high-quality service, and more moderate real estate prices. Here, the price per square meter starts at1000 euros.

A specific proposal

In this area, there is an offer for an interesting apartment with an area of39 square metersin the new building. It is located just in800 metersIt is located by the sea and offers a magnificent view of the surrounding mountains. This is an optimal option for those who wish to invest in real estate by the sea without exceeding reasonable amounts.

Thus, Montenegro is becoming increasingly attractive for purchasing real estate, and it is worth considering its diverse offerings.

General description of the property

This residential complex features 17 apartments, and currently, several more units are available on the market, including the mentioned property. The interior space of the apartment has been carefully finished, allowing the new owner to incorporate their own ideas into the design.

Sale flat in Nice 1 944 258,00 $

France,Nice

3 Bedrooms

108 м²

Sale flat in Rafailovichi with sea view 593 369,00 $

Montenegro,Rafailovichi

85 м²

Sale house in Knight 1 791 304,00 $

Montenegro,Knight

4 Bedrooms

4 Bathrooms

246 м²

Sale penthouse in Budva 503 804,00 $

Montenegro,Budva

3 Bedrooms

2 Bathrooms

112 м²

Sale flat in Tivat 291 086,00 $

Montenegro,Tivat

1 Bedroom

1 Bathroom

50 м²

Sale flat in Strasbourg 202 333,00 $

France,Strasbourg

2 Bedrooms

73 м²

If the new owner decides to use light shades for the walls, they will only need to arrange the furniture, and thus, the home will be fully ready for comfortable living.

New apartment in Uteha

This new apartment is located in the picturesque village of Uteha and is valued at42,000 eurosThe area of the apartment is40 square metersThe comfort is located just in14 kilometersfrom the famous city of Bar, which makes this place quite attractive for living. Considering the lower tourist activity in this area, property prices here are lower than in more well-known resort locations. This creates excellent conditions for those looking for housing in a calm atmosphere with magnificent natural landscapes.

Climate and landscapes

The region where the village is located is famous for its Mediterranean climate, which provides pleasant and stable weather conditions throughout the year. The views from the surrounding mountains are a delight to the eye from almost every angle. During the winter months, the population of Uteha decreases, while in the summer, the local beaches become attractive to tourists coming from various parts of Europe, such as Germany, Poland, and France.

Studio apartment by the sea

A new studio apartment is available on the market with an area of40 square meters, located just in150 metersfrom the seaside. The key feature of this offer is the spacious sunny terrace, which offers a stunning view of the calm waters of the Adriatic Sea. The new owner will be able to create a peaceful and cozy space for relaxation here, as the apartment is perfect for both permanent living and seasonal rental.

Proposal in the Bar

In Bar, which is the business center of Montenegro, an apartment is also available for43,000 eurosThis city, located near Uteha, shows higher real estate prices than in the villages. For the specified amount, the buyer is offered a furnished studio with an area of23 square meterswith a fully equipped kitchen and bathroom.

Advantages of the offer

The main advantage of this offer is its proximity to the sea and well-developed infrastructure, which contributes to a comfortable lifestyle.

Suitable for one personoryoung family
There are schools, cafes, supermarkets, and pharmacies nearby.
The apartment is equipped with all the necessary appliances and furniture.
There is a small open terrace.

All these advantages make this offer particularly attractive for both permanent residence and vacation use.

Conclusion

In conclusion, the real estate market in Montenegro continues to attract the attention of both local and international investors. Considering the affordability of housing, the variety of offerings, and rising prices, this region is becoming increasingly appealing for purchasing an apartment or villa.

Interesting examples of objects

For example, with several interesting properties like apartments in Dobra Voda, Uteha, and Bar, we see that there are many options available for people with different income levels:

Apartments in Dobro Voda:good value for money.
Apartments in Uteha:an appealing choice for those seeking tranquility.
Apartments in Bar:developed infrastructure and amenities for living.

It is important to note that, despite some stabilization in the market and rising real estate prices, Montenegro still offers attractive investment opportunities. Considering the upward trend and the constant flow of tourists, one can confidently say that purchasing property here can be not only a pleasant investment but also a reliable way to generate rental income.

Why it is worth considering a purchase

Thus, if you are looking for an attractive place to relax or wish to invest in real estate, Montenegro could be the perfect choice. By reviewing our list of affordable yet interesting apartments, you can find a suitable option that meets your preferences and expectations.

Advantages of real estate in Montenegro

Affordable housing prices.
Diversity of locations and objects.
A steady flow of tourists.
The possibility of renting real estate.

Ultimately, real estate in Montenegro is not just a purchase; it's an opportunity to become part of a unique cultural space and enjoy all the delights of life on the Adriatic coast.