Real estate prices on Montenegro's Adriatic coast have reached Western European levels due to EU and Russian investors, but the interior remains a great buy. The Balkans, with three EU countries, wild nature, and a long coastline, are still the cheapest area in Europe for real estate investment. Local and foreign investors are showing significant interest, particularly in Montenegro, but also neighbouring Bosnia, Romania, and Bulgaria, making this region attractive for property investments.
Western Europeans are buying second homes in Montenegro and other Balkan countries, restoring old houses, or settling in new eco-communities. Russians are investing in summer villas along the coastlines of Montenegro, drawn by the short flight times, mild climate, and cultural similarities. Local companies also invest in the region, seeking to establish a strong presence. CrassulaEstate is here to assist investors in finding the perfect properties, providing legal assistance and ensuring a smooth buying process.
Locals generally welcome foreign investors, though there are occasional concerns about becoming overly dependent on them. In Montenegro, where Russians dominate the market, some locals fear cultural displacement. Despite this, optimism remains high, with estate agents in Montenegro and other Balkan countries expecting continued growth in sales and prices.
CrassulaEstate is dedicated to helping investors navigate these markets, offering expert guidance and comprehensive services to ensure successful investments in Montenegro and beyond. Contact us to explore how we can assist you in making the best real estate investments in this thriving region ☎️+38268818801
