Investment into an emerging market with potentiali n Montenegro
The Montenegro real estate market is still an emerging market with a great deal of potential for capital growth. There are many reasons why Montenegro is an attractive property investment destination:
Low property tax: Pay just 0.1% – 1% on your property in Montenegro annually.
Montenegrin residency: Get Montenegrin residency when you buy a property, regardless of its value.
Earn income on your Montenegro real estate: With a year-on-year increase of 18% in tourist numbers on average, you’ll have ample opportunity to rent your place out when you’re not using it.
Low tax: Montenegro has some of the lowest tax rates in Europe with corporate income tax at 9% and personal income tax ranging from 0% up to 15%
Political stability: As a NATO member and on the path to EU membership, Montenegro is a central, stable figure in the Balkan region.
Two international airports: Getting to and from Montenegro is a breeze with two international airports to choose from. Tivat airport is on the coast and only five minutes from Tivat town, 10 minutes from Kotor and 30 minutes from Budva. Podgorica airport is in the capital, and between them, these two have connections all over the world. The third option is Dubrovnik airport in Croatia, which is just 30 minutes from the Montenegrin coast.
The most popular place to buy a property is along the coast of Montenegro between Herceg Novi and Petrovac. The Bay of Kotor and the Budva Riviera are the most sought-after destinations for both buyers and holiday-makers, meaning your property will hold its value and be easy to rent.
There are no legal restrictions on foreigners buying property in Montenegro – foreign buyers can buy, sell and rent their properties under the same conditions as the citizens of Montenegro, but in some cases foreigners can only buy land through a company. In order to become a successful investor, you need to know the “rules of the market”, therefore, it is recommended to have professional support.