Property prices in Dalmatia are rising, but what about the neighbors? Find apartments priced from 50,000 euros.

The prices of real estate in Croatia have skyrocketed. And here are the prices in Montenegro. The real estate market is stable compared to last year, but the general trend in Serbia and the region indicates that prices are still rising, writes Blic Business.

The prices of apartments in Montenegro also have a slight increase, although at some point it seemed that the market was slowing down. The summer season is slowly coming to an end, but the popularity of seaside towns such as Budva, Herceg Novi, Tivat still remains due to the demand for square meters. Prices for square meters have increased by 40 percent in the past year, and today the offer is quite diverse. The price per square meter of apartments in Podgorica varies from 1,600 euros to about 2,000. By the sea price per square meter''grew by more than 40 percent.

Budva

Budva is considered one of the most expensive cities in Montenegro in terms of real estate prices. Apartment prices in Budva and surrounding villages are well above average. One ad states that a 32 square meter studio apartment with a view of the city costs 85,000 euros. A larger apartment in Budva of 72 square meters costs 149,000 euros. Another garçonniere of 22 square meters is offered for 52,000 euros. There is also an extensive supply of luxury apartments in Budva, with a minimum price of 100,000 euros.

Cotor

When it comes to Kotor, a newly renovated garçoniera located in the Old Town costs as much as 150,000 euros, and the size of this apartment is 32''square meters. For sale studio apartment in Kotor with an area of 57 square meters at a price of 132,000 euros.

Herceg Novi

Herceg Novi has slightly lower real estate prices compared to the previous two cities. Currently, the supply of small apartments, such as garçonieres and studio apartments, is somewhat weakened. For example, the price of a studio apartment of 47 square meters is 171,000 euros. A one-bedroom apartment in Bijeloja of 42 square meters can be found for 98,000 euros.

Tivat

Besides Budva, Tivat is one of the most expensive cities in Montenegro. Apartment prices are consistently above average and often''increasing. In 5 minutes from the center of Tivat sells an apartment of 49 square meters at a price of 245,000 euros. For sale is a studio apartment in a popular area of Tivat Lustica Bay with an area of 44 square meters at a price of 341,000 euros.

How to buy real estate? As far as the buying process is concerned, you will first need a passport to buy real estate in Montenegro. Agencies recommend that you seek the assistance of a notary, who will conduct a detailed analysis of the documentation. After signing the purchase agreement, you must register as the new owner of the property.

The Germans "nashturmovat" real estate in Montenegro. Last year, between January and October, foreigners and foreign companies bought real estate in''Montenegro in the amount of 370 million euros, which is significantly higher than in the previous year, according to data from the Central Bank. Most of all real estate in Montenegro purchased citizens of Germany, then Russia, and in third place citizens and companies from Serbia. For the entire year 2021, foreigners spent 278 million euros to buy real estate in Montenegro, in 2020 - 116 million, in 2019 - 178 million, in 2018 - 182 million... Over the past five years, foreigners have purchased Montenegrin real estate worth 1.2 billion euros.