Montenegro is carving out a prime spot in the luxury real estate market in Europe. With its spectacular landscapes, Mediterranean coastline, and pleasant climate, this destination is attracting an increasing number of wealthy investors and buyers seeking an exceptional living environment or a high-potential real estate investment. Michaël Zingraf Real Estate, a specialist in luxury real estate in France and internationally since 1977, explores for you the reasons why Montenegro has become a hotspot for prestigious real estate, the types of properties available, and the advantages of investing there.
Montenegro offers several advantages for luxury real estate investors and buyers. Here are some reasons that make this country attractive:
Montenegro is undergoing rapid development with a dynamic economy supported by a fast-growing tourism sector. This Balkan country is benefiting from increasing appeal due to its advantageous geographical location, close to Italy, Greece, and Croatia. Numerous infrastructure projects, particularly in the hotel industry, demonstrate this dynamism, transforming Montenegro into a preferred destination for travelers and investors from around the world.
Montenegro boasts remarkable natural scenery, with beautiful beaches along the Adriatic coast, spectacular mountains, and picturesque villages. These contrasting landscapes create a variety of environments, allowing buyers to find properties by the sea, atop hills, or in charming villages. This exceptional setting attracts those seeking luxury and tranquility, making Montenegro a particularly sought-after destination for high-end real estate.
One of the main reasons attracting international buyers to luxury real estate in Montenegro is its favorable tax regime. Montenegro offers a competitive real estate tax system, with low tax rates on properties and rental income. Additionally, non-residents can freely invest in properties, simplifying the acquisition process and encouraging foreign investment.
