Kolašin is a growing mountain resort in central Montenegro, known for its ski facilities and beautiful Biogradska Gora National Park. The town is undergoing significant development.
New ski lifts and resort developments are transforming Kolašin into a year-round destination. The area offers excellent value compared to established European ski resorts.
Property in Kolašin ranges from apartments in new developments to traditional mountain houses. The area attracts investors seeking early entry into a developing ski market.
Kolašin is Montenegro's strategic bet on becoming a regional ski hub. Over €100 million in government investment since 2020 includes the new Kolašin 1600 resort. Early investors could see strong capital appreciation as development continues.
Entry-level apartments start from €2,800-€3,500 per square metre, with prime units closer to €4,500. Mountain apartments range €80,000-€250,000. Branded residences with rental schemes command a premium.
Kolašin 1600 is a brand-new ski resort opened in 2021 with modern lifts and a base village. Combined with the original Kolašin 1450, it offers significantly expanded skiing. Plans include further expansion to 60km of runs.
Yields of 5-7% annually are achievable for well-managed units during peak seasons. Unlike single-season Alpine resorts, Kolašin's summer adventure tourism creates year-round rental demand.
Kolašin is just 10 minutes from town centre to slopes and under 90 minutes from Podgorica International Airport. A new highway and improved rail connections are reducing travel times from the coast.
Biogradska Gora is one of Europe's last remaining primeval forests, located near Kolašin. It features ancient trees, glacial Lake Biograd, and diverse wildlife. This adds year-round appeal beyond skiing.
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