Why Montenegro for investors?
Montenegro presents a compelling investment case: an EU candidate country with growing tourism, limited coastal supply, and yields that outperform mature European markets.
The country attracted 2.5 million tourists in 2023 (vs 620,000 population), driving strong short-term rental demand. Coastal apartments achieve 6-10% gross yields in peak season, with some prime locations exceeding this. The short-term rental market is well-established with clear regulations.
Capital appreciation has been strong, particularly in premium locations like Porto Montenegro and Budva's prime areas. EU accession (expected late 2020s) is likely to drive further price growth as the country becomes more accessible to European buyers and the legal framework aligns with EU standards.
Key benefits
- Rental yields 6-10% gross in tourist areas
- EU candidate - accession will drive prices
- Tourism growing year-on-year (2.5M visitors in 2023)