About MontenegroNow, 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.
KEY FACTS
RENTAL RETURNS AND TOURISM In 2005, the World Travel and Tourism Council highlighted Montenegro as the fastest growing Travel and Tourism economy in the World. With over 80 tour operators now receiving holiday makers from over 15 different countries worldwide demand for luxury accommodation is rife. Rental yields can be as high as 8% net, with most off plan new properties coming with rental guarantee programs.
CAPITAL APPRECIATION AND THE PROPERTY MARKET Dubbed as the new “Croatia”. The potential for capital appreciation in Montenegro is significant with most properties being sold off plan, at up to 30% discounted market rates in compensation for the delivery time frame of 18 months. Many are looking to this new and fresh destination as the cheaper alternative to its popular neighbour. Economists believe
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Montenegro, in the News... |
"To join the eurozone..... Montenegro already meets some of the tests. It has http://www.ft.com/cms/s/0/71c9a8f2-74ef-11dc-892d-0000779fd2ac.html
"Real GDP growth rate (2006/2005): 6.5%." USA Department of state
"The Euro replaced the DM on March 31, 2002. The country established the http://www.state.gov/r/pa/ei/bgn/70949.htm
"The European Union signed visa agreements with five Western Balkan nations yesterday making it easier and cheaper for citizens from those countries to travel to some parts of the 27-nation union. Agreements were signed with Albania, Bosnia and Herzegovina, the Former Yugoslav Republic of Macedonia, Montenegro and Serbia on simplifying travel documents." http://www.ekathimerini.com/4dcgi/news/world_&xml/&aspKath/world.asp?fdate=19/09/2007 |

