Why is it worth investing in Montenegro?

May 23, 2024

Montenegro not only attracts tourists with its natural resources, but also provides significant economic opportunities for investors. That's why:

1. Real estate investment

Investment growth: In the first three quarters of 2022, foreigners bought property worth €322.2 million. Montenegro attracts investments from different countries such as Germany, Russia and Serbia.

Candidateship for the European Union: Plans for joining the EU promise economic development and rising property prices. This makes Montenegro attractive to investors.

2. Prospects for the IT sector

Residence permit for IT specialists: Plans to make residence permits for IT specialists will attract the intellectual elite. This contributes to the creation of hubs for developers and innovative economic development.

3. Diversity of regions for investment

Various property prices: The average price per m² depends on the region. In the north it is 500 € per m², in Podgorica - from 1,000 € to 2,000 € per m², and on the coast - from 1,000 to 4,000 € per m².

Selecting an investment region: Where to invest depends not on the city, but on the supply. You can find excellent properties in the developing Kolasin region and wait a long time for a worthwhile offer in the most popular and crowded cities. After all, due to high demand there, prices are, of course, quite inflated.

How much will you earn?
On average, with an annual lease you can receive from 5 to 10 % per annum.

Montenegro has significant economic potential, which attracts investors from all over the world. A favorable investment environment, prospects for joining the EU and a developing IT sector make this country an attractive place for investment.