Montenegro is stunningly beautiful ! A population of over 650,000 it is a progressive society and in June 2006 gained independence from Serbia with a view to acceding into Europe in the next three to four years. It already has the Euro as its currency.

With over 293 kilometers of unspoiled coastline south of Croatia – it is the number one destination for tourists according to the World Travel and Tourism Council’s fastest growing destination survey.

Tourism demand is driving the property market with predicted prices rising at around 50% per annum particularly along the coast. In the last three years property prices have risen around 85%.

Montenegro authorities have very stringent planning regulations in and around coastal regions thereby ensuring property development along the Adriatic Coast will be in keeping with local style. No high rises. Imagine Tuscany meets New Zealand ! It does mean supply of good property on the coast is restricted and demand outstrips supply. Good news for off plan investors.

Montenegro’s two international airports in Podgorica and Tivat (Dubrovnik Airport also easily accessible) alongside two major highways provide easy access to and within this small country. A major motorway is also being built along the Adriatic, running through Croatia, Montenegro and Greece and due for completion in 2015. A recent multi million euro infrastructure process for the new road improvements and modernization of both airports will have a significant effect on continuing growth in property prices.

Our developments are very close to Montenegro’s Jewel In The Crown – Sveti Stefan. A small fishing village which has always attracted Hollywood Stars and other luminaries such as George Bernard Shaw and Lord Byron. Sveti Stefan has recently been leased over a long period by the exclusive and very upmarket spa resort group Aman Resorts. This is expected to bring the rich and famous to the region and make developments close by very sought after.