Russia continues to actively buy real estate in Montenegro
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Russia continues to actively buy real estate in Montenegro
Real estate in Montenegro, regardless of the volatility of political and economic winds, continues to be the most appetizing investment for Russian home buyers. Such information was recently shared by the Montenegrin Ministry of Finance.
For several decades the Russian Federation has been the first in terms of the number of foreign owners of commercial and private real estate in Montenegro. Serbia follows Serbia confidently, the third place at the moment belongs to Bosnia and Herzegovina.
The Montenegrin Ministry of Finance released data for 2014, according to which the Barska Riviera became the most popular territory of the period under study - it bought out about 147.5 thousand square meters of land and almost 25 thousand square meters of living space, while the total area of non-resident property houses and apartments is 40 thousand square meters.
In total, 1, 27 million squares of Montenegrin land were acquired by foreigners.
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