Spotlight on: Montenegro
Category International Advice
The Adriatic Sea has been a major trade route since ancient times, used by the Greeks, Romans and Venetians to reach the Mediterranean, and the countries that border it are rich in history, tradition and natural beauty that make them tourist favourites.
And in Montenegro, which lies along the southeastern coastline of the Adriatic, these attributes are also combined with a welcoming business climate and affordable real estate, so it's no wonder that the country has caught the eye of an increasing number of South African investors and expats.
Read more: Own a piece of Montenegro
Although not a member of the European Union, the country is on the EU candidate country list and is actively working towards becoming a member by 2028. Meanwhile, it has many other attractions for South Africans seeking to diversify their real estate investments, gain a second residency or enable their families to holiday or study abroad.
Montenegro offers a range of straightforward residency options through employment, business registration or property investment, and its real estate market is already enjoying strong growth and high rental yields even before it joins the EU, so buying property here is a smart move.
The country also has a Mediterranean climate like Cape Town, with mild winters and hot summers, and offers an excellent quality of life incorporating a rich culture and plenty of fresh seafood, as well as many breathtaking locations with spectacular mountain or sea views. From the UNESCO-listed Bay of Kotor to the vibrant Budva Riviera, there's a perfect spot for every lifestyle - and every budget.
Read more: Rising global interest in SA real estate
And more good news is that Chas Everitt International is able to connect you directly to the best real estate and relocation professionals in Montenegro to ensure a seamless move or an excellent investment. So if you'd like to buy a mansion in the mountains, a luxury seafront villa or a modern apartment, or if you need more information about Montenegro residency, contact us today on +27 11 801 2500 or info@chaseveritt.co.za
Author: Chas Everitt