Investors from Bosnia and Herzegovina have invested millions of euros in Montenegrin real estate.

In recent years, citizens of Bosnia and Herzegovina have increasingly invested their funds in real estate in Montenegro, viewing this country as a promising place for investment. With favorable conditions, proximity, and picturesque natural landscapes, Montenegro is becoming more and more attractive to investors from Bosnia who need to find new opportunities in the real estate market.

There is a growing trend in the real estate market of Montenegro right now. The significant amount of money "circulating" in this sector is evidenced by information published in early January by the Montenegrin publication Vijesti. According to their data, more...53%All direct foreign investments in this country are related to real estate purchases.

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Thus, in the first nine months of last year, foreign investors spent about380 million eurosAccording to preliminary data from the Central Bank of Montenegro.

Investments from Bosnia and Herzegovina

According to a new report by Fena, in the first three months of this year, investors from Bosnia and Herzegovina have already invested in purchasing real estate in Montenegro.7.3 million eurosAt the same time as the previous year, the largest amounts of investments were made by citizens and companies from Serbia, with a total amount of14.6 million eurosThe next largest investors were Turkish investors with11.2 million euroswhile Russian companies took third place, investing8.05 million eurosA little less.8.04 million eurosinvestors from the USA invested, as well as7.6 million eurosreceived from Germany and3.7 million eurosfrom Switzerland. It is especially worth noting that3.6 million eurossent by investors from the United Kingdom.

Real estate statistics

According to the Agency for Statistics of Bosnia and Herzegovina, in the first half of last year, there were sales of1,555 new apartmentsthat on9%compared to the previous year. The cost per square meter of real estate has increased during this period by6.5%compared to the same time period a year ago.

Real estate as a safe haven

Real estate, along with gold, has historically been considered a reliable form of investment, as it provides tangible property that typically does not lose its value sharply. In times of economic instability, real estate is often viewed as a safe haven for investments and capital preservation.