Is it worth investing in new buildings in Montenegro?

Montenegro is a real gem on the shores of the Adriatic Sea, which is rapidly attracting the attention of investors from all over the world. In recent years, the real estate market in this country is experiencing a real boom, and especially popular are new buildings. Why is this happening? Let's find out.

• Geographical location and climate: Montenegro is famous for its mild Mediterranean climate and picturesque landscapes. It is an ideal place for those who appreciate comfort and the beauty of nature.
• Visa-free regime and residence permit: Buying real estate in Montenegro opens the door to obtaining a residence permit, which makes the investment even more attractive.
• Tourism growth: Tourist flow to Montenegro is growing every year, which has a positive impact on the real estate market.

In the following sections we will examine in detail why Montenegro has become an object of investors' attention, what features the market of new buildings has and what projects deserve special attention.

Why is Montenegro attractive for investors?

Montenegro is not just a beautiful place on the map, it is a strategically favorable geographical location. On the one hand, it is washed by the Adriatic Sea, and on the other hand, it is surrounded by mountains, which creates unique natural conditions. Imagine: you wake up in the morning, and outside the window there is a vast sea and majestic mountains. No wonder many people dream of living in such a place.

In addition, Montenegro offers visa-free regime for citizens of many countries, and real estate purchase opens the door to getting residence permit. This makes the process of moving and settling in a new country much easier and more comfortable. Who would refuse such an opportunity?

The growth of tourism also plays an important role. Every year more and more people choose Montenegro for vacation, which stimulates the development of infrastructure and increases the demand for housing. This means that your investment in real estate can bring not only the pleasure of living, but also the real income.

In addition, Montenegro is actively developing its economy and infrastructure, which attracts international investment and contributes to the creation of new jobs. Tax system here is also quite loyal to foreign investors, which makes investments more profitable. Stable political environment and the country's desire to integrate into the European Union also add confidence in the safety and prospects for investment.

Features of Montenegro's new buildings market

• Modern conveniences and technologies: New buildings in Montenegro offer high standards of comfort and innovative solutions that are rarely found on the secondary market. These may include energy saving systems, smart homes and high quality building materials.
• Variety of housing options: Apartments with panoramic windows: Ideal choice for those who want to enjoy sea or mountain views right from their living room. Townhouses with private garden: Suitable for families who value space and the opportunity to spend time outdoors.
• Price categories: Affordable apartments: A suitable option for those who are looking for budget solutions, but do not want to give up modern conveniences. Luxury apartments: For those who are ready to invest in luxury and prestigious neighborhoods.

• Prestigious locations: Tivat, Budva and Kotor: These cities offer a wide range of new buildings, from budget to luxury, which allows investors to choose properties depending on their financial capabilities and investment goals. Each of these cities has its own unique atmosphere and infrastructure, which makes them attractive to different categories of buyers.
• Value growth potential: New buildings in Montenegro have a high potential to increase in value, especially in areas with developing infrastructure and tourist flow. This makes them attractive for long-term investments.
• Flexibility of choice: Thanks to the variety of offers, investors can choose a property that suits their personal preferences, whether it is a sea view, proximity to the city center or the availability of infrastructure for family vacations.

Popular construction projects and their features

Porto Montenegro

Positive:

• Located in one of the most picturesque places in Montenegro with sea views.
• It has its own yacht club, which attracts lovers of sea travel.
• Developed infrastructure, including stores, restaurants and entertainment venues.

Minuses:

• High property values due to the prestigious location and luxurious amenities.
• The large number of tourists in season can create a sense of hustle and bustle.

Uniqueness:

• Porto Montenegro is not just a residential complex, but a whole world of luxury and exclusivity, where you can feel part of an elite community.

Lustica Bay

Positive:

• Adoption of green technologies and environmentally friendly solutions.
• Great attention is paid to the preservation of the natural environment and sustainable development.
• A variety of accommodation options, from apartments to villas.

Minuses:

• The project is still under development, which may limit access to some services.
• Being environmentally friendly can increase the cost of some properties.

Uniqueness:

• Lustica Bay is a project with a focus on ecology and sustainability, offering the opportunity to live in harmony with nature.

Regent Pool Club Residences

from € 375,000

Montenegro, Tivat

Dukley Gardens

from € 850 000

Montenegro, Budva

MOGREN HILL

from € 110,000

Montenegro, Budva

A1 Quartier

from € 55,350

Montenegro, Budva

Locca Budva

from € 237,143

Montenegro, Budva

Tara

from € 240,000

Montenegro, Tivat

Portonovi

Positive:

• Premium infrastructure with luxurious living and recreational facilities.
• A wide range of properties including villas and apartments.
• Located in a strategic location with convenient access to major transportation hubs.

Minuses:

• The high cost of real estate can limit the range of buyers.
• Some properties are under construction, which may take time to complete.

Uniqueness:

• Portonovi offers a combination of luxury and comfort with unique infrastructure, including spa complexes and exclusive restaurants.

Smaller projects

Positive:

• More affordable cost compared to larger projects.
• Cozy and comfortable away from the hustle and bustle of big cities.
• Opportunity for personalized housing choices.

Minuses:

• Limited infrastructure compared to larger scale projects.
• Less choice of facilities and services.

Uniqueness:

• The small apartment complexes offer tranquility and coziness, making them attractive to those seeking privacy and comfort.

These projects demonstrate the diversity and potential of the real estate market in Montenegro, providing investors with a wide range of choices depending on their preferences and goals.

Advantages of buying at the construction stage

Investments in new buildings at the construction stage open up ample opportunities for savings and personalization. First of all, prices for such objects are usually lowerThis is especially true in popular locations where the cost of real estate can be quite high. This is especially true in popular locations where the cost of real estate can be quite high.

In addition, real estate developers often offer flexible payment termsThis makes the purchase more affordable. For example, installment payments are possible, which allows you to spread the financial burden over a longer period of time.

Another important advantage is the possibility of layout and design. This means you can create a space perfectly suited to your needs and tastes. Whether it's an open floor plan, a modern interior or special decorative elements - the choice is yours.

After construction is completed property values tend to increase. This is due to the fact that ready-made objects are more demanded in the market. Thus, your investment can bring significant future profitespecially if we take into account the growing demand for real estate in Montenegro.

It's also worth noting that buying during the construction phase gives you the opportunity to enter the project at an early stage and choose from a larger number of available options. This is especially important if you are looking for a unique location or special features of the property.

Risks and how to minimize them

Investing in new buildings during the construction phase can be very lucrative, but it also comes with certain risks. To minimize these risks and make the purchase process safe and profitable, it is important to consider several key factors. The table below outlines the main risks associated with investing in new buildings and suggests strategies to minimize them.

Investing in new buildings at the construction stage can be a successful and profitable decision if you approach the process with due care and attention to detail. Checking the reliability of the developer, legal support and market analysis are key steps that will help you avoid unpleasant surprises and make your investment safe. Remember that professional advice and thorough preparation are the keys to success in real estate investment.

Conclusion

Buying at the construction stage gives you the opportunity to save money and get an object that fully meets your wishes. Of course, as with any investment, there are risks, but these can be minimized with careful vetting of the developer and legal support.

If you are thinking about investing in real estate by the sea, Montenegro is a place worth considering. Here you can not only enjoy the beauty of nature and the comfort of life, but also get income from renting out apartments or reselling them with an increase in value.

If you have any questions or want to discuss details, do not hesitate to contact us. We are ready to provide all the necessary information and help you make the right choice.