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Montenegro has a lot of potential and is making a tremendous "come back". Vlavin Capital unlocks this country for both private individuals and companies. Opportunities Limited risk of oversupply Montenegro appeared relatively recent on the second-home buyer radar - in effect only since its split from Serbia in June 2006. It has a small but attractive coastline with little room for significant resort development, limiting the risk of oversupply. And property prices - at €1,550-€3,100 per sq metre on average for new developments - are cheap when compared with many established European locations although they can go as high as €4,000-€5,500 per sq metre.
Euro Montenegro adopted the euro as its official currency; invest in Emerging Europe without currency risk!
Among fastest growing tourist destinations For decades, Montenegro has been the hidden gem of the Adriatic region. Now, the secret's out and this stunningly beautiful and diverse country is tipped as one of the most dynamic property investment hotspots in the world, thanks to its breathtaking countryside, glorious coastline and tourist potential. The World Travel and Tourism Council currently ranks Montenegro third among the fastest growing tourist destinations in the world.
EU candidate In term, Montenegro aspires to European Union membership, which will significantly lower its risk profile. Montenegro is labeled as "candidate country", according to EU jargon. It will be a matter of time when Montenegro will join the EU. A stable macroeconomic situation, continued improvement of credit ratings, favorable tax systems, simplification of business procedures, and progress in processes of integration (EU and NATO), additionally strengthens the attractiveness of the Montenegrin real estate market. This is especially significant for investors who regard Montenegro as a possible starting point for future activities in the region.
Exclusive destination The former fourth holiday country from Europe has started its "comeback". The current developments in Montenegro put it back on the map as an exclusive holiday country like Monaco, Cannes and St.-Tropez. Coming years, billions of euro's will be invested in infrastructure and tourism: hotels, (mega)yacht harbors, leisure, golf facilities and spa & wellness resorts. |
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