Located in the Balkan peninsula, washed by the Adriatic Sea, Montenegro is a country that, in recent years, has been very successful in the real estate market. The tourism sector has particularly distinguished itself, so much so that many foreigners have decided to invest in buying a property in Montenegro.
But the questions that often crowd our minds are many. Should we move to this new country? Will I easily find a 'profitable employment'? Will I be able to move despite the language difficulties? Is the cost of living affordable?
If you are also a potential buyer of a property in Montenegro, but you are not 100% sure of your choice because of the little information you have available, you are in the right place. We at Realigro have decided to surprise you again this time, creating a mini guide tailored to you. After having carried out a careful analysis of this country, we are ready to dissolve all sorts of doubts to allow you to finally realize the investment of your dreams! So, what are you waiting for? Get comfortable and get ready: the mini guide to move to Montenegro is about to begin! We assume that, even if Montenegro does not belong to the European Union, has still adopted the euro as the official currency. This is undoubtedly an element not to be underestimated, especially if you come from a state where this currency is in force.
This was not by chance, since Montenegro, during the time of Milosevic's presidency, in order to emphasise its economic policy independent of Serbia, decided to leave it precisely by adopting a new currency. In line with the principles dictated by the European Community, this state plays a key role in the energy strategy for the economic development of the country. In fact, an economic plan was adopted oriented to the construction of a group of hydroelectric power plants, taking advantage of the presence of numerous waterways in the area (for a total in terms of funding of about 2 billion euros).
But what are the documents to be able to access this land so open and dynamic? EU citizens can enter with a simple identity card, for a maximum stay of 30 days. While to extend the duration of the stay to 90 days, it will be necessary to have a passport, otherwise it is mandatory to obtain a residence permit, to be requested from the competent authorities. Once you have reached your desired destination, you must find the first information to be able to settle in complete peace of mind. The language spoken is Montenegrin, but also this time English will save you in all circumstances! Will it be better to live in this country? This is undoubtedly one of the questions that worries most. But don't worry! We have created a list, based on the basket of goods, to actually understand how you live in Montenegro:
Milk (1 liter) 0.78 EUR (0.65-1.00)
Eggs (12) 1.40 EUR (1.20-1.60)
Local cheeses (1kg)4.80 EUR (4.00-6.00)
Water (1.5 litre bottle) 0.58 EUR (0.45-1.00)
One way ticket (local transport) 0,90 cent
Monthly profits 97 EUR
Once the cost of living in this country has been broadly clarified, it is of fundamental importance to understand where and how to find a property in Montenegro. The demand for property for sale is developing at the moment, although there is no particular confidence in this country. Prices are particularly advantageous and, in addition to the capital Podgorica, we can not fail to mention wonderful places like Bar, Sveti Stefan and Budva.
For an independent house, prices start from 30,000 euros, while if you want to opt for more luxurious solutions, such as a villa, the cost is around 150,000 euros.
For rental contracts, however, you can also find bargains at 200 euros per month (in the capital) and at even lower prices in the outlying cities.
What can I say, we hope that our guide has been useful to you to understand how much this country is adherent to your needs. We just have to wish you a good trip
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