Trends in the Real Estate Market in Montenegro: What to Expect in the Coming YearS

More and more buyers don’t want to wait—they recognize the moment and invest on time. Especially in Podgorica, the rise in prices is driven by high demand for rentals—the supply of apartments often fails to meet market needs, which further affects the value per square meter.

Real estate prices in Montenegro are constantly rising

The real estate market in Montenegro is entering a mature phase of development. A square meter is no longer just living space—it becomes a serious investment. Prices are constantly increasing, especially in the capital city of Podgorica, where there is strong demand for apartments, both for living and renting.

More and more buyers don’t want to wait—they recognize the moment and invest on time. Especially in Podgorica, the rise in prices is driven by high demand for rentals—the supply of apartments often fails to meet market needs, which further affects the value per square meter.

Most sought-after locations: Podgorica and the Montenegrin coast

In Podgorica, apartments are often sold out during the early phases of construction. At the same time, coastal cities like Budva, Tivat, Kotor, and Bar are attracting more and more foreign nationals who choose to live by the sea. This further increases demand for properties rented year-round, not just seasonally.

Buyers more cautious – safety and quality are priorities

Today’s buyer is well-informed and has clearly defined expectations. Construction quality, reliable documentation, and precise deadlines are key factors. The market increasingly rejects unverified projects—trust is built through transparency and professionalism.

Investors who invest in quality and follow standards naturally stand out as leaders in the sector.

Tourism and rental market shape coastal demand

Coastal cities are seeing increased demand thanks to tourism, which raises the price per square meter. Every new season brings a wave of new buyers—especially for properties that are easy to rent: apartments, luxury flats, villas with sea views.

Infrastructure as a prerequisite for value growth

The construction of new boulevards, roads, and promenades directly affects the market value of real estate. Investors who follow the urban development of Montenegro know that now is the right time to invest—while prices are still on the rise.

EU integration – a new opportunity for the real estate market

The expected membership of Montenegro in the European Union may further increase interest from foreign investors and bring greater economic stability. Access to funds, subsidies, and modern legal frameworks will create new opportunities, especially in urban development and sustainable construction.

The market rewards those who invest in value

Prices are rising, the market is becoming more regulated, and buyers more cautious. Only serious investors who build responsibly and with quality will have the advantage in the coming years.

Share