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Publication in the community "Montenegro"

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Real estate agencies in Montenegro: housing continues to get cheaper

The leaders, who head the real estate agencies of Montenegro, virtually unanimously speak about the minimum housing prices that have ever been observed in the country.

So, D. Nikolic, the head of the company Imperija, drew attention to the fact that the percentage of foreign buyers decreased, but now the local residents can afford housing, and the number of internal transactions is surprisingly large.

His colleague, P. Marinovich, also confirms these words with his observations. Ironically, foreigners, and especially Russians, who previously literally bought houses and apartments in Montenegro, no longer attack realtors with the same excitement.

True, it should be noted that the popularity is acquired by more budgetary (non-coastal) cities and areas. So, the percentage of foreign buyers in Podgorica has increased, and Herceg Novi and Bar can not boast of such successes. Real estate agencies in Montenegro celebrate the city, which, regardless of prices, stoically keep the brand: it is Budva, Tivat and Kotor.

What do you pay attention to when buying a house / apartment in Montenegro?

- Infrastructure. For remote from the beach resorts of cities, this factor is very important, because this parameter is not the strongest side of Montenegro. If you take Podgorica as an example, then you buy houses mainly in its center.

- New building or secondary housing. There is a double-edged sword - after all, with the help of a new building you can seriously save on an annual tax, and cheap archaic housing will require investments.

- Number of floors. Here the approach is individual. In general, Montenegro is a low-rise country, and this is rather an advantage than a minus.

- Repair and equipment. In order to increase the competitiveness of the apartment owners prefer to equip it if not to the maximum, then at least all necessary. This applies to both the primary and secondary market, which is convenient. Real estate agencies in Montenegro also provide clients with fully prepared apartments for living.

- The price. The cost of housing in Montenegro - without a doubt, its strengths. The spread is huge, and according to realtors, record low figures can be found in Podgorica, Danilov Grad, Niksic. A full-fledged apartment here can cost even 2.5 million rubles.

In a word, if you want to buy an apartment in Montenegro literally for a penny, you need to do it now, but it's better together with a specialist.

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Click here to read the publication in the original language.