Real estate in Montenegro
Buying property abroad on the seashore is increasingly becoming a sign of good taste among Russian citizens. Currently, Montenegro is one of the most attractive countries in this regard. There are several reasons for this.First of all, it is the beautiful, untouched nature of Montenegro in many places. Mild Mediterranean climate. Montenegro belongs to the humid subtropical zone, so it has hot summers and very mild winters. There is a lot of rain in winter. It almost never snows on the Montenegrin coast. You will be amazed by the magnificent views of the seashore, rugged with quaint bays, high mountains, mountain lakes and river canyons.Secondly, the local population is very positive towards Russians who purchase real estate in Montenegro. The Montenegrin language, like Russian, belongs to the Slavic group of languages. Our languages are very similar to each other and have many common words. The majority of Montenegrins, especially the older generation, understand Russian. Montenegro is a very safe place. There is almost no crime here. In winter, locals do not lock their houses and cars. There have been cases where people have returned lost bags with a significant amount of cash inside. In the summer, when many tourists and residents of neighboring countries come, minor thefts from cars, on beaches, etc. are possible.
Another important factor is that Montenegro is currently actively developing. Infrastructure is growing, roads, shops, residential complexes, marinas are being built. The country has already officially applied to join the European Union, which is likely to take place in the next few years. Foreign citizens who have real estate in Montenegro and have lived there permanently for 10 years have the opportunity to acquire Montenegrin citizenship, which means EU citizenship, which for many is a very tempting prospect.It should also be noted that Montenegro is a very small country and there is very little land for development, especially in coastal areas. In this regard, the cost of land plots, as well as finished real estate in Montenegro, is constantly growing. Today, due to the global economic crisis, the Montenegrin real estate market is showing a slight decline, but all experts predict a significant rise in prices in the future, due specifically to limited land resources.Thus, buying a property in Montenegro, in addition to acquiring a great place to stay or relax, is also a good investment.
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