Montenegro Property
Montenegro Property
Montenegro Property

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Montenegro Property

Quirky and friendly with red-roofed villages, majestic mountains, and glorious beaches, the Balkans’ Montenegro is living proof that good things really do come in small packages.

Over the years the allure of Montenegro has remained largely undiscovered and its beauty has only ever really been enjoyed by locals and visitors from neighbouring Balkan states. Today however, things are changing in Montenegro and it is quickly becoming the place to see and be seen in on the Adriatic.

Less than 300km from top to bottom, Montenegro boasts a genuinely unspoiled terrain. The crystal clear water along the coastline glistens under the warm sunshine whilst the seemingly endless pristine sandy beaches contrast beautifully with the limestone cliffs. The result is simply spellbinding and the scenery stunning. No wonder Sophia Loren fondly refers to Montenegro as “the most beautiful fairytale of my childhood”.

The Bay of Kotor

With its glorious mountain backdrop, clear blue waters, and medieval and Venetian-era settlements, the butterfly-shaped Bay of Kotor is undoubtedly the jewel in Montenegro’s crown.

More commonly known as simply Boka, this impressive bay is home to some of the country’s most well-loved and beautiful cities including, Kotor, Perast, Risan, Herceg Novi, and Tivat.

At over 2000 years old, the walled town of Kotor, which nestles on the edge of this majestic bay, was once considered to be Europe’s best-kept secret. Small but full of charm, Kotor’s medieval streets are home to a veritable melting pot of museums, churches, cafe-strewn squares and Venetian palaces. As dramatic as it is delightful, past and present come together in Kotor and combine in perfect harmony.

Come nightfall, Kotor’s spectacular walls light up and the streets come alive with bars, live music, and castle-top clubbing. If you’re seeking romance, ambiance and living history, then Kotor will certainly be the place to steal your heart.

Perast

One of the most beautiful destinations within Boka, Perast can be found on the opposite side of the bay to Kotor. You might be mistaken for thinking that you are in Italy as it looks as if a piece of Venice has floated down the Adriatic to form this divine town. Home to 16 churches and 17 formerly grand palazzos, Perast is most famous for its two picturesque islands, Gospa od Škrpjela, or Lady of the Rocks, and the Island of Saint George.

Lady of the Rocks is a manmade island created by two sailors who discovered an icon of Madonna and Child resting on a rock. Vowing to build a church here after considering their discovery as a miracle, the sailors began to drop stones around the icon, slowly creating an islet upon which they built a small chapel. The tradition of dropping stones here is still very much alive today and even forms part of one of Europe’s oldest sailing regattas, the Fašinada.

The Perast coastline is home to many small yet wonderful fish and seafood restaurants and although known as the quietest town in Boka, this UNESCO World Heritage Site is certainly a must-see.

Tivat and Porto Montenegro

Tivat is located in the central part of Boka and is home to the new and impressive multi-million pound Porto Montenegro marina. Home to high-end waterfront residences and luxury shops, this exclusive marina and yachting paradise is increasingly becoming the ultimate superyacht sanctuary of the Adriatic coast.

Porto Montenegro is more of a city in itself offering everything a discerning visitor would want. There is an elegant nautical village teaming with designer stores and boutiques as well as many bustling restaurants, bars, and even a new Veuve Clicquot champagne bar.

Platinum rated, Porto Montenegro Marina has 450 berths and can accommodate the largest mega yachts in the world up to 800 feet. The Yacht Club is without a doubt the place to be seen and members can take advantage of the incredible 200-foot infinity pool, Italian poolside restaurant, 20-seater lounge area, and outdoor theater. If that wasn’t enough, when the evenings draw in, there is a sumptuous seafood restaurant with a rooftop bar as well as the private Platinum Nightclub.

The Beautiful Beaches of Budva

Easily Montenegro’s most visited destination, beach lovers will certainly want to head to Budva as its 21-kilometre long coastline is brimming with picturesque beaches, which are among the most beautiful in the world. The most popular include Jaz, a favourite for campers, Mogren, a small beach with extraordinary sand, and Guvance, perfect for those wanting to catch a brilliant sunset.

The city itself has two parts: Old Budva and New Budva. New Budva is considered the business district and is full of modern buildings, business hubs, and shopping malls as well as entertainment complexes, cafes, and restaurants.

In contrast, Old Budva is the part of the city surrounded by thick stone walls which boasts an ancient historical center. Among the most famous sights are the many churches and cathedrals including, Church of St Ivan, Church of St Maria, Church of St Sabas and the Church of Holy Trinity.

Montenegro Property Trends

The Montenegro property market is an interesting one for expats, whether you are looking to relocate, or simply invest in a second property. Here, there is the potential of finding that ideal combination of discounted prices now and appreciating value in the future.

The property market is characterised both by historic properties of charm and character, as well as new housing developments. Over recent years, an increase in domestic wealth together with a heightened interest from overseas investors have sparked a boom in the sale of land for residential and hotel development and developers are quick to take the opportunity of tapping into a virgin market, identifying long term potential in both the leisure and real estate sectors.

With Serbians and Russians historically the main investors in Montenegrin property, over the last two years there has been a much stronger interest from the European Union with local agencies suggesting this is down to the Montenegrin membership of NATO. Whilst still politically debated, from an economic view NATO membership is critical for the development of the real estate market as it means the state is considered safe to invest in.

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IMPORTANT - Disclaimer :
All information provided is believed to be current and provided free of charge. No liability can be accepted for the reliability of the information and statements made as this is obtained from 3rd parties. We always recommend you take legal advice from a fully qualified Lawyer or Notary before buying a property overseas.

124 properties

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6 bedroom house for sale, Morinj, Kotor, Coastal Montenegro

6 bedroom house for sale, Morinj, Kotor, Coastal Montenegro
335,000 EUR

6 bedroom house for sale, Morinj, Kotor, Coastal Montenegro

Bright and spacious 6 bedroom house located in a quiet setting in Morinj, close to Kotor, situated just 1,000m from the sea. With a total living area of 200m2 and set within a plot of 180m2, a...

REF: 219657
  • Floor Size: 200 square metres
  • Plot Size: 200 square metres (0.02 hectares / 0.05 acres)
  • Bedrooms: 6
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4 bedroom villa for sale, Prcanj, Kotor, Coastal Montenegro

4 bedroom villa for sale, Prcanj, Kotor, Coastal Montenegro
630,000 EUR

4 bedroom villa for sale, Prcanj, Kotor, Coastal Montenegro

Spacious, elegant and modern 4 bedroom villa, with a total living area of 240m2, ideally located just 70m from the sea in Prcanjj, within a quiet area close to Kotor, set within a landscaped plot of 6...

REF: 219656
  • Floor Size: 240 square metres
  • Plot Size: 692 square metres (0.07 hectares / 0.17 acres)
  • Bedrooms: 4
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3 bedroom house for sale, Kamenari, Hercegnovi, Herceg Novi, Coastal Montenegro

3 bedroom house for sale, Kamenari, Hercegnovi, Herceg Novi, Coastal Montenegro
340,000 EUR

3 bedroom house for sale, Kamenari, Hercegnovi, Herceg Novi, Coastal Montenegro

Fully furnished 3 bedroom house located in Kamenari, close to Hercegnovi, with a total living area of 144m2 and set within a plot of 300m2, just 100m from the sea. Fully furnished and ready to ...

REF: 219654
  • Floor Size: 144 square metres
  • Bedrooms: 3
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9 bedroom house for sale, Prcanj, Kotor, Coastal Montenegro

9 bedroom house for sale, Prcanj, Kotor, Coastal Montenegro
745,000 EUR

9 bedroom house for sale, Prcanj, Kotor, Coastal Montenegro

Spacious sea-front 9 bedroom house, with a total living area of 230m2, located in the village Prcanj, close to the city of Kotor, set on a plot of 386m2. Ideally situated just 10m from the sea...

REF: 219653
  • Floor Size: 230 square metres
  • Bedrooms: 9
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5 bedroom house for sale, Prcanj, Kotor, Coastal Montenegro

5 bedroom house for sale, Prcanj, Kotor, Coastal Montenegro
360,000 EUR

5 bedroom house for sale, Prcanj, Kotor, Coastal Montenegro

Spacious 5 bedroom house located in a quiet setting in Prcanj, close to the town of Kotor, with lovely sea and mountain views. With a total living area of 160m2, set within a plot of 517m2 and ...

REF: 219652
  • Floor Size: 160 square metres
  • Bedrooms: 5
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6 bedroom house for sale, Mokro, Savnik, Northern Montenegro

6 bedroom house for sale, Mokro, Savnik, Northern Montenegro
350,000 EUR

6 bedroom house for sale, Mokro, Savnik, Northern Montenegro

Unique opportunity to purchase a complex of houses set within a large plot of 8,000m2, located in a quiet countryside setting in Mokro. The estate consists of 6 eco wooden/stone huts located on...

REF: 219651
  • Floor Size: 500 square metres
  • Bedrooms: 6
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2 bedroom apartment for sale, Budva, Coastal Montenegro

2 bedroom apartment for sale, Budva, Coastal Montenegro
338,300 EUR

2 bedroom apartment for sale, Budva, Coastal Montenegro

Spacious and totally refurbished 2 bedroom penthouse apartment, with a total living area of 686m2 + a large 84m2 terrace, ideally situated within a spa resort in Budva, with excellent rental potential...

REF: 219650
  • Floor Size: 68 square metres
  • Bedrooms: 2
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2 bedroom penthouse for sale, Budva, Coastal Montenegro

2 bedroom penthouse for sale, Budva, Coastal Montenegro
317,240 EUR

2 bedroom penthouse for sale, Budva, Coastal Montenegro

Spacious and totally refurbished 2 bedroom penthouse apartment, with a total living area of 66m2 + a large 86m2 terrace, ideally situated within a spa resort in Budva, with excellent rental potential....

REF: 219649
  • Floor Size: 66 square metres
  • Bedrooms: 2
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3 bedroom villa for sale, Hercegnovi, Herceg Novi, Coastal Montenegro

3 bedroom villa for sale, Hercegnovi, Herceg Novi, Coastal Montenegro
980,000 EUR

3 bedroom villa for sale, Hercegnovi, Herceg Novi, Coastal Montenegro

Newly built classic style 3 bedroom villa, with a total spacious living area of 300m2, located in Hercegnovi, on the peninsula Lustitca, Rt Veslo, just 100m from the sea. Set on a plot of 587m2...

REF: 219629
  • Floor Size: 300 square metres
  • Bedrooms: 3
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7 bedroom hotel for sale, Kotor, Coastal Montenegro

7 bedroom hotel for sale, Kotor, Coastal Montenegro
1,500,000 EUR

7 bedroom hotel for sale, Kotor, Coastal Montenegro

A bright three storey, 7 bedroom mini hotel located right on the beach with its own pontoon, situated in Dobrota near to Kotor. The building has three studio apartments and two two-bedroom apar...

REF: 219597
  • Floor Size: 160 square metres
  • Bedrooms: 7
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