Montenegro makes it into FORBES once again, in this article highlighting Montenegro as a prime location for affordable property investment in 2024, offering a 32% savings compared to the U.S. market, with an average cost of $151 per square foot.
Situated in Southeast Europe along the stunning Adriatic Sea, Montenegro, though lesser-known in the U.S., has attracted affluent buyers and witnessed a steady rise in real estate prices, up by over 9% in the year leading to Q2 of 2023.
The author says Kotor Bay stands out as a top choice for property investment in 2024 due to its breathtaking scenery and potential for buy-to-let investments, especially in pre-construction developments.
The current lower value of the euro against the U.S. dollar presents a favorable buying opportunity for property investment in 2024, potentially leading to further appreciation if exchange rates revert to historical norms.
#MontenegroProperty #2024investments #AffordableLifestyle #forbes #pressreview
Are you ready to start looking at properties for your retirement? Check out our listings here!
You would prefer to start with a long-term let? Visit our in-house long-term lets agency “Rentals Montenegro“, with the largest choice of offers in the Bay of Kotor!