House prices in Montenegro rose 20.5% year-on-year in December 2022, up from 10.5% in the previous quarter

This comes at a time when the country’s tourism industry is booming and the government is taking steps to attract foreign investment. The Montenegrin government has introduced policies aimed at improving the real estate market, such as reducing the time and costs associated with obtaining building permits. This made it easier for developers to build new facilities and for investors to enter the market. There are several reasons why real estate investors are interested in Montenegro; one of the simplest is the favorable location of the country and pleasant weather. With stunning views of the Adriatic coast and a warm Mediterranean climate, it is a relatively unspoilt but attractive location with great potential for further growth.

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