Reasons to Invest in Montenegro
14.05.2025
The Balkan nation of Montenegro is being talked about almost on a monthly basis, and is very quickly emerging as one of Europe’s most promising destinations for property investment. Boasting dramatic natural beauty, a fast-growing tourism sector, and a highly favourable tax environment, there's plenty of reasons to invest in Montenegro, and many expats who have chosen to do recently are reaping the rewards.
At CMM Montenegro, we specialise in helping buyers find exceptional real estate opportunities in some of Montenegro’s most desirable hotspots, including Kotor, Tivat, Budva, and Herceg Novi. Whether you're looking for a luxury seafront apartment, a stylish urban residence, or a peaceful retreat, here's why now is a smart time to invest.
Montenegro’s property market has seen consistent growth over the past decade, fuelled by increasing international interest and rising tourism numbers. Coastal towns like Budva and Tivat are especially in demand, with modern developments and infrastructure improvements driving property values upwards.
✅ Hotspot tip: New developments in Tivat and Porto Montenegro continue to attract both investors and lifestyle buyers.
Favourable Tax Conditions
One of Montenegro’s biggest draws for investors is its competitive tax system. Personal income tax is between 9%-15% and capital gains tax is capped at 15%. Property purchase tax is just 3% of the property value, much lower than in many other European countries.
Affordability Compared to Western Europe
Despite its rising popularity, Montenegro remains far more affordable than traditional Mediterranean destinations such as the South of France, Spain, or Italy. This affordability allows buyers to secure luxury property with sea views or historic charm at a fraction of the price found elsewhere in Europe.
Growing Tourism & Rental Demand
Montenegro has become one of the fastest-growing tourist destinations in Europe, thanks to its picturesque coastline, charming Old Towns, and rich cultural heritage. This growth is translating into strong demand for holiday rentals, particularly in coastal towns during the high season.
Strategic Location & Easy Accessibility
Montenegro is well-connected to major European cities. International airports in Tivat and Podgorica offer direct flights across Europe, making it an attractive destination for both tourists and second-home buyers. Tivat Airport is just minutes from Porto Montenegro and the Bay of Kotor, enhancing its investment appeal.
✈️ Accessibility and convenience are key reasons why international buyers choose the Montenegrin coast.
Visa & Residency Incentives
While not yet a full EU member, Montenegro is a candidate country, and property ownership can support residency applications. The government has also launched residency-by-investment schemes in recent years, making it easier for buyers to gain legal residency through real estate purchases.
EU Accession Pathway
Montenegro is on track for EU accession, which adds long-term security and growth potential for investors. Entry into the EU would likely increase demand and property values, particularly in high-profile locations like Kotor and Budva.
Modern Developments & Infrastructure
In recent years, Montenegro has seen a surge in high-quality developments — particularly in areas like Porto Montenegro and Lustica Bay. These projects offer luxury living, modern amenities, and community lifestyle hubs that appeal to international buyers and expats.
Stunning Natural Environment
From UNESCO-listed fjord-like bays to majestic mountains and pristine beaches, Montenegro offers some of Europe’s most breathtaking scenery. For lifestyle buyers, the combination of natural beauty, a Mediterranean climate, and outdoor recreation makes it an irresistible place to own property.
Established Expat & Investment Community
Montenegro is home to a thriving international community, particularly in areas like Kotor, Tivat, and Herceg Novi. This makes settling in easier for new residents and provides confidence to overseas buyers. With English widely spoken in tourism and real estate, navigating the process is straightforward.
Ready to Invest in Montenegro?
At CMM Montenegro, we offer expert guidance and handpicked properties across the country’s top investment locations. Whether you're looking for a rental income property, a second home, or a long-term lifestyle investment, we’re here to help you navigate every step with confidence.
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Reviews
In period May-August 2022 we sold our flats in St-Petersburg Russia and have bought two ones here in Montenegro, Becici. We decided to move here and make new home and business with my husband. Our agent Milica Zugic is really became our angel - provider here in Montenegro. She is very reliable, responsible , professional employee of CMM Budva department. She has developed intuition and found very fast necessary properties which we needed. Also she helped us to speed up the process of registration documents in MUP.( list nepokretnosti, etc). She was our real provider here. Very appreciated her and all staff of Budva department for there assistance. Separately to lawyer Ivan and his legal team. Very recommended choose Milica Zugic as real estate manager when you search for assistant in this complicated and important field as buying property in Montenegro.
Liudmila Nosova St-Petersburg Russia , 13.09.2022 10:20:09
At the beginning of April 2022, our family living in Prague bought a house in Sutomore with the assistance of your company.
Let me express my gratitude to the management of your company for the service provided, and especially to your employees - Anastasia Zeyak, Alexei Grachev and Elena Bozhovich for their attention, patience and even care for the whole time of buying real estate and the services provided after the purchase.
I would really like all companies to work with the same quality of service. After coming into contact with this kind of attitude towards the client, all our environment, if necessary, will refer to your company only.
With gratitude on behalf of our family.A.V. Ter-Gazaryan, 12.07.2022 11:32:19
Based on my experience with CMM in Budva, Montenegro, I can say that they are reliable, fast, and they deliver what they promise. They take really good care of their clients. For instance, I was offered a lift from the airport, and they would take me back and forth from Tivat to Budva and Becici to see various properties. They would answer all of my questions and respond promptly. They have an excellent team: Katarina, Alexander, Natasha, Martin and some other guys whose names I don’t remember. Katarina, my wonderful agent, went to every length to help me find a perfect home. Unfortunately, my situation changed and I had to postpone my relocation to Montenegro.
I would strongly recommend this company to anyone who is looking for a property in Montenegro.Val , 13.05.2022 03:18:13
We were introduced to CMM by friends who had already done research on Montenegro and CMM. We purchased our apartment in Dobrota, just outside Kotor, all remotely from South Africa, during the lockdown. Everything was seamless without any problems at all. All the CMM departments work together well from the sales team, head office, legal, interior design and rental department. Every detail was well communicated with an abundance of zoom meetings, videos, emails etc
We are thrilled with the outcome and enjoyed working with the CMM team. They were incredibly professional.
After sales service is also excellent as we move into the rental phase of the apartment and over all management of the apartment including maintenance.
We have been directly and indirectly involved with many houses/apartments all over the world and this was the up there with the best service we have received.
Thanks to everyone we dealt with at CMM it has been an absolute pleasure dealing with you all. We look forward too many happy years working with you on our rental.Mandy and Antoine, 06.10.2021 09:56:22
Biz Montenegroda CMM komandayla tanish olmushug. Snejana ve Milan bize cox yaxshi destek olublar. Artig bizim burada evimiz de var. Bize gosterdiler cox yuksek service, ve artig butun bizim senedler de gaydasindadir. Boyuk hormetle onlara Cox sagol bildiririk!
Dilara, 01.10.2019 07:17:27
Last year we decided to find a new home close to the sea. It was quite difficult in the beginning to make the right choice. Once we found CMM Company was a great luck! We immediately received detailed consultation on the country and purchase opportunities. Being attracted by Kotor - one of the most amazing parts of the coast, we decided to take a family trip and maybe make our dream of new home come true. As just discoverers of Montenegro, we were accepted like at home which was a one more pleasant surprise. The most important, we received all detailed information about country regions and procedure of buying property during the first few days. And how beautiful the car journeys were! Difficult choice, but when you find the home you want you can't refuse it. CMM did best to help us with this finding! All the purchase procedure passed well with CMM professional work! Now we are happy owners of a wonderful house with a Kotor bay view, being perfectly served by CMM Management company (of course, we've chosen CMM as professional house manager). Hope our friends and relatives would also move to Montenegro with the CMM help soon !!!
Kate, 22.03.2019 12:06:21