“At the birth of our planet, the most beautiful encounter between land and sea must have happened at the coast of Montenegro. When the pearls of nature were sown, handfuls of them were cast on this soil.” Lord Byron, early 19th century”
Location and Climate
Montenegro is situated at the central Mediterranean area in the South East Europe. It is bordered by Croatia, Serbia, Bosnia & Herzegovina and Albania and has a 227 km long coastline.
Montenegro is at just three hours flying time from the most of Europe. There are two main airports, Tivat and Podgorica.
The dominant climate is continental. Average temperature of the air is 27.4oC, summer and 13.4oC, winter. Montenegro has on average 180 sunny days.
At a Glance
Beauty in the heart of Europe
Gorgeous islands and clear water, mountains that reach the sky, beautiful lakes brimming with fish, deep canyons with breathtaking scenery, wild rivers, undiscovered and mysterious caves surrounded by untouched nature, such diversity of pure nature on such a small territory makes Montenegro a unique country.
Safety and Stability
Montenegro is stable democratic country with a fast growing economy. It has started EU accession discussions and is expected to join within the next 6 years. Montenegro credit Standard and Poor’s rating is BB+. Montenegro joined NATO on 5 June 2017.
The culture of Montenegro is fascinating. It has been shaped by a variety of influences throughout history and has many significant cultural and historical sites. Among the most significant cultural events are: Bokeska night – presenting of the local cuisine festival where everyone enjoys behind masks until late into the night, the Mimosa Festival, the International Fashion Festival in Kotor, Music Festivals, and so on..
Montenegro adopted Euro in 2001, the same time when it was introduced in EU countries. Montenegro is a market that is growing and still in the making. Growth vehicles: open economy, free trade zones, planned development of the infrastructure, commitment of the Government to push for further economic development, no capital gains tax, national treatment of foreign investors, political and macroeconomic safety and stability.
Real Estate Market
In the period after 2005, Montenegro has become a very attractive real estate market for foreign investors. A stable economy, simplification of business procedures, favourable tax system, and progress in the process of EU accession, are additionally strengthening the attractiveness of Montenegrin real estate market. Montenegro property market was affected by the global recession, but is well placed to bounce back. For our research, analysis and advise for investment, please contact us..
Tourism – A Growth Vehicle
The quality and diversity of its natural beauties make it a most attractive tourist and permanent living destination. The World Travel and Tourism Council has rated Montenegro to be one of the top two fastest growing tourism economies over the next 10 years.