Villas in Montenegro. Montenegro house prices
Montenegro is a top destination for overseas properties. Foreign investors prefer to buy new houses and villas in Montenegro as they are typically larger and better designed. New homes in Montenegro are profitable investments exempt from the 3% tax on pre-owned properties.
Houses for sale in Montenegro for €200,000–300,000 are the most sought-after by foreign buyers, particularly on the Bay of Kotor and Budva Riviera.
Budva is a busy town perfect for those who enjoy an active lifestyle. Properties here sell from €1,800/sq. m. and prime real estate costs €2,500–3,500/sq. m. Lower buying prices can be found outside Budva, like in the town of Petrovac where prices start at €500,000.
Prime real estate for sale in the popular resorts Sveti Stefan and Milocer sell for €3,000–5,000/sq. m. and homes in Montenegro's main port of Bar cost from €180,000.
Seaview properties along Kotor Bay (Risan, Perast, Kotor) are more expensive than in the rest of the country. A coastal house of 150–200 sq. m. can sell for €400,000 and €600,000 can buy a villa with land.