Ahead of the curve for a country of its size, the property market in Montenegro has been seen as a stable investment for years, especially with the long-awaited launch of the Citizenship by Investment Program in 2019. This government-approved scheme was introduced to allow foreign citizens to obtain a Montenegrin passport and citizenship by investment, ie. by purchasing a property and donating to a government development fund.
This initiative by the Montenegrin government re-established its focus on prioritizing investing and tourism sectors, which it has been striving for since the declaration of independence.
Over the past year, we have observed an unprecedented change following the global pandemic which has tremendously affected what we considered to be solid business and real estate trends. However, the property market in Montenegro once again proved its reputation of steady growth, following its successful response to the new demands of buyers.
Read our points below to find out more about these new real estate trends, why the property market in Montenegro still offers great investment-opportunities, and why investing in real estate at Porto Montenegro is the best way to safeguard your wealth!