Top 5 best cities in Montenegro to buy real estate

When it comes to buying real estate abroad, Montenegro invariably pops up on the list of the most attractive destinations. Why? Because this country, located on the shores of the Adriatic Sea, offers a unique combination of natural beauty, mild climate and affordable housing prices. Who will be the target audience of this article? First of all, it is investors who are looking for profitable investments, as well as those who dream of a vacation home or are planning to move to Montenegro.

So, if you want to know where is the best place to buy a house in Kotor or are looking for cheap real estate in Bar, this article is for you!

1. Kotor

Kotor is not just a town, it's a real town. pearl Montenegro, which captivates at first sight. Imagine: you are walking along narrow streets, where every stone preserves history, and medieval walls rise around you. And all this against the backdrop of the magnificent Adriatic Sea! No wonder Kotor has become a magnet for tourists from all over the world.

Why choose Kotor?

• Historical heritage: The city is a UNESCO World Heritage Site, ensuring that its unique atmosphere is preserved.
• Proximity to the sea: Enjoy walks along the promenade and views of the bay, which is widely regarded as one of the most beautiful in Europe.
• Luxury apartments: The high demand for rentals makes buying a property in Kotor a profitable investment. You can rent it out and earn a stable income.

Real estate prices in Kotor

If you're thinking about buying, it's worth bearing in mind that real estate prices here range from 2,000 to 3,500 euros per square meter. Of course, the cost depends on the location and comfort level of the accommodation. For example, apartments with a sea view or in the historical center will cost more, but will also bring more joy and opportunities for rent.

Kotor is not just a city, it is a place where history meets modernity and every street breathes the past. If you are looking for a unique place to live or invest, Kotor is worth your attention.

Places near Kotor

When you are in Kotor, missing the opportunity to explore its surroundings is a real crime! There are some incredible places near the city that are definitely worth a visit.

• Perest: This small town is only 12 kilometers from Kotor and is known for its baroque buildings and cozy atmosphere. Perest is often referred to as an "open air museum", and these are not just words. Here you can enjoy a stroll along the promenade and taste local specialties in one of the restaurants overlooking the sea.
• Lovcen: Mountain hiking enthusiasts will appreciate the Lovcen National Park, which is only an hour's drive from Kotor. Climb to the top of Mount Lovcen to enjoy panoramic views of Boka Kotor Bay and the whole of Montenegro. This place is ideal for an active vacation and unity with nature.
• Tivat: Located just 10 kilometers from Kotor, Tivat offers modern amenities and luxurious entertainment. It is home to the famous Porto Montenegro harbor, where you can admire yachts and visit chic boutiques and restaurants.
• Risan: One of the oldest towns in the bay, Risan is famous for its ancient mosaics and the ruins of Roman villas. This place attracts those interested in history and archaeology.

These places will not only broaden your view of Montenegro, but will also add new experiences to your trip. Whether you are looking for tranquility, adventure or cultural discovery, Kotor's neighborhoods offer all this and more.

2. Budva

If you're looking for a place where resort life is booming, Budva is your perfect choice. This city on the coast of Montenegro is famous for its gorgeous beaches, crystal clear sea and vibrant nightlife. Thousands of tourists flock here every year, making Budva a center of attraction for those who love outdoor activities and entertainment.

Why choose Budva?

• Beaches and entertainmentBudva offers a variety of beaches to suit all tastes. From sandy to pebble beaches, everyone will find their ideal vacation spot here. In the evening, the city comes alive with a variety of clubs and bars where you can party until the wee hours of the morning.
• Developed infrastructure: Budva is not only a tourist center, but also a city with a well-developed infrastructure. Here you will find everything you need for a comfortable life: shopping centers, restaurants, medical facilities and schools.
• High rental yield: Due to the constant flow of tourists, the rental market in Budva is thriving. Investors can count on a stable income by renting out properties both in high season and off-season.

Real estate prices in Budva

Real estate prices here start at 1,500 euros per square meterFor example, apartments with a sea view or in the center of the city will be more expensive, but will also offer more rental and privacy options. For example, apartments with a sea view or in the city center will cost more, but also bring more opportunities for renting and personal use.

Places near Budva

• Sveti Stefan: Just a 15-minute drive from Budva is the famous Sveti Stefan Island Hotel. It is one of the most photographed places in Montenegro and is worth a visit if only for the spectacular views.
• Petrovac: A small resort town 20 minutes away, known for its beaches and quiet atmosphere. Ideal for family vacations.
• Rafailovici and Becici: These resort villages are famous for their long beaches and laid-back atmosphere, making them popular with tourists and locals alike.

Budva is not just a city, it is a true paradise for those who are looking for an active vacation and comfortable life by the sea. If you want to enjoy every day spent on the beach or in a holiday atmosphere, Budva will be your ideal place to live or invest.

3. Tivat

Tivat is a city that combines modernity and natural beauty, located on the picturesque shore of the Boka Kotor Bay. Here is the famous harbor Porto Montenegro, which has become a symbol of luxury and sophistication. This place attracts not only yachtsmen from all over the world, but also those looking for luxury real estate.

Why choose Tivat?

• Porto Montenegro: This harbor is a true gem of the Adriatic, offering not only marinas, but also many stores, restaurants and entertainment venues. It is a place where luxury meets serenity.
• International community: Tivat is home to many foreigners, which creates a cosmopolitan atmosphere. Here you will find international schools and hobby clubs, making the city attractive to expats.
• Strategic location: Tivat airport is only a few minutes away from the city, providing convenient connections to other countries. This is especially important for those who travel frequently.

Real estate prices in Tivat

The average cost per square meter in Tivat is approx. 2,500 eurosThe price of a luxury apartment overlooking the harbor or in Porto Montenegro itself is considerably more expensive. Luxury apartments overlooking the harbor or in Porto Montenegro itself are considerably more expensive, but offer a corresponding level of comfort and prestige.

Places near Tivat

• Kotor: Just 20 minutes drive away is the historic town of Kotor, which offers unique cultural and historical attractions.
• Lustica Bay: This is a new luxury project on the Lustica peninsula offering luxury villas and apartments with stunning sea views.
• Radovici: This small village on the Lustica peninsula, known for its secluded beaches and tranquil atmosphere, is ideal for those seeking peace and quiet.

Tivat is a city that offers a unique combination of modern comfort and natural beauty. If you want to enjoy life by the sea, surrounded by luxury and international community, Tivat will be the perfect place for you to live or invest.

4. Bar

Bar is a seaside town characterized by its unique atmosphere and convenient location in the south of Montenegro. It offers a combination of historical heritage and modern infrastructure, which makes it attractive to a wide range of buyers. Here you will find everything you need for a comfortable life, from schools and hospitals to shopping centers and restaurants.

Why choose the Bar?

• Affordable real estate prices: Bar is one of the most budget-friendly options for buying real estate on the coast. Prices here start from 1,200 euros per square metermaking it ideal for family living or for those looking for a profitable investment.
• Developed infrastructureThe town offers all the necessary amenities for living. Schools, medical facilities, supermarkets and restaurants are located here, making it attractive for permanent residence.
• Convenient connection to Italy: With regular ferry connections to the Italian city of Bari, Bar becomes a great starting point for traveling around Europe and doing business.

Real estate prices in Bar

Prices for accommodation in Bara start from 1,200 euros per square meterFor example, apartments in the city center or with sea views may be more expensive, but are still affordable compared to other resort towns in Montenegro. For example, apartments in the city center or with sea views may be more expensive, but are still affordable compared to other resort towns in Montenegro.

Places near the bar

• Old Bar: This is the historic part of the city, located a few kilometers from the coast. It is known for its ancient ruins and authentic atmosphere that takes you back in time.
• Ulcinj: Just 30 minutes away is Ulcinj, a city rich in history and one of the southernmost resorts in Montenegro, known for its long sandy beaches.
• Virpazar and Skadar Lake: A 20-minute drive from Bar is the picturesque Virpazar, which is the gateway to Lake Skadar, the largest lake in the Balkans, where you can enjoy nature and taste local wines.

Bar is a city that offers not only affordable housing prices, but also excellent opportunities for comfortable living and traveling. If you are looking for a place where you can enjoy both the sea and history, Bar will be your ideal choice.

5. Herceg Novi

Herceg Novi is a charming town located at the entrance to the picturesque Boka Kotor Bay. Known for its tranquil atmosphere and rich cultural heritage, it attracts those seeking solitude and relaxation away from the hustle and bustle of the city. The town is famous for its thermal springs, which offer excellent opportunities for recovery and relaxation.

Why choose Herceg Novi?

• Calm atmosphere: The city is ideal for those looking for peace and quiet. Here you can enjoy strolls along the promenade, visit cozy cafes and enjoy the views of the bay.
• Thermal springs: Herceg Novi offers unique opportunities for recovery thanks to its thermal springs. This makes it popular among those who value health and comfort.
• Variety of properties: The real estate market in Herceg Novi offers a wide range of choices: from cozy apartments to spacious villas with sea views. This makes it possible to choose an accommodation that meets any requirements and budget.

Real estate prices in Herceg Novi

Apartments in Herceg Novi can be purchased at prices starting at 1,300 euros per square meterThis makes it an affordable option for buying real estate on the coast. Villas and houses overlooking the bay are of course more expensive, but offer an appropriate level of privacy and comfort.

Places near Herceg Novi

• Igalo: This area is famous for its therapeutic mud and mineral waters. It is home to the famous Institute of Physiotherapy and Rehabilitation, which attracts tourists from all over the world.
• Lustica: The Lustica peninsula offers secluded beaches and picturesque landscapes. It is a great place for those who love nature and active vacations.
• Meliene: A small village near Herceg Novi, known for its beaches and peaceful atmosphere. Ideal for family vacations.

Herceg-Novi is a town that offers not only peace and comfort, but also excellent opportunities for wellness and real estate investment. If you are looking for a place where you can enjoy the beauty of nature and cultural heritage, Herceg-Novi will be the perfect choice for you.

What to look for when choosing a city?

When selecting a city to purchase real estate in Montenegro It's important to consider a few key factors that will help you find the perfect place for your needs and wants.

• Purchase Objectives: The first place to start is to define your goals. Do you want to invest, rest or domicile? This will help you narrow down your search. For example, if you are looking to invest in resort real estate, you may be interested in Budva with its active rental market. If you are looking for a quiet life, Herceg Novi with its secluded atmosphere will be an excellent choice.
• Infrastructure: Make sure the city you choose has everything you need to live comfortably. This includes stores, schools, hospitals and entertainment venues. For example, Tivat offers a well-developed infrastructure and international community, making it attractive to families and expats.
• Availability of international flights: If you plan to travel frequently, look into proximity of the city to international airports. Tivat and Podgorica are the two main airports in Montenegro, providing convenient connections to other countries. The city of Tivat, for example, is only a short drive from the airport, making it ideal for those who fly frequently.
• Personal lifestyle: Finally, consider your personal lifestyle. Do you prefer active vacation or quiet seclusion? Each city offers its own unique opportunities. Kotor, with its rich history and culture, will suit those who appreciate the architecture and atmosphere of old towns. Budva, on the other hand, will please those who love dynamic life and entertainment.

With all these factors in mind, you will be able to make an informed choice and find the city that will be the perfect place for your new home or a profitable investment in Montenegro.

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Conclusion

Montenegro offers a huge variety of opportunities for real estate investment. Each city has its own unique advantages, be it the historical charm of Kotor, the resort life of Budva, the upscale nature of Tivat, the affordability of Bar or the tranquility of Herceg Novi. Whatever your goals, Montenegro is a countrythat can offer something special for everyone. So if you're ready to take a step towards your dream, contact a local agent or start researching the market now.