Over 23.000 foreigners own real estate in Montenegro

The Cadastre Administration could not announce the value of real estate owned by foreigners in Montenegro, because, as they stated, they are not responsible for that.

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Photo: TV Vijesti
Photo: TV Vijesti
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

Recently, there are more and more foreigners in Montenegro, and according to the data of the Administration for Cadastre and State Property, over 23.000 of them own real estate in our country.

The agencies say that foreigners buy apartments in Podgorica through them, but not to a significant extent.

A large number of them, however, rent them and are willing to pay a lot, which is why rents have risen significantly recently.

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