'Serbs buy houses in Montenegro but can't get to the sea.'

Montenegro continues to remain closed to a large number of foreign nationals, including Serbs, due to pandemic-related restrictions. Although they are not allowed to visit the beaches, they can still invest in real estate and participate in the tax system, as data shows that Serbs, as well as Russians, are the largest buyers of real estate in the country.

While Serbs are still unable to go on vacation to Montenegro due to too high number of coronavirus infected people in their country, data on real estate purchases in Montenegro has emerged, and on this list Serbs are performing well.

Citizens of the Russian Federation conducted real estate transactions worth almost 39 million euros, which is about the same level as the previous year, and right behind them are citizens of Serbia, who spent just under 17 million euros on buying real estate, or 2 million more than in 2018, which allowed them to rise to second place, thus surpassing Turks, who last year made transactions worth less than 13 million euros, according to the CdM portal from Podgorica.

The largest buyers of real estate who spent more than 10 million euros include citizens of NATO member states,''s new member Montenegro, the Americans, who spent 11 million euros, and the Germans, whose transactions amounted to 10 million euros.

The Swiss are also major players in the real estate market in Montenegro, but data on their transactions are considered confidential.

Last year, Kosovo residents were also significant buyers of real estate in Montenegro, they spent 4 million euros, and a million more than citizens of the southern Serbian province were invested by Magyars, who spent 5 million euros on real estate.

I interest in real estate in Montenegro is growing among citizens of Albania, they spent almost 2 million euros, while Austrians bought real estate worth about 3 million euros, as did citizens'