Real estate market in 2025

In 2025, Montenegro's real estate market is showing steady price growth in both the primary and secondary markets, which confirms its investment attractiveness. According to the statistical office Monstat, in 2024 the average cost of housing in new buildings increased by 20%, reaching 1,844 euros per square meter. 

In coastal regions such as the Budva Riviera, property prices are particularly high. In Budva, the cost per square meter in new buildings varies from 3,000 to 4,200 euros, and in ready—made facilities - from 2,800 to 3,800 euros. In neighboring Becici, prices range from 2,500 to 3,500 euros per square meter, while in Petrovac they start from 2,000 euros. 

In the Bay of Kotor, which includes the cities of Kotor and Tivat, there is also a significant increase in prices. In Kotor, the cost of housing ranges from 2,400 to 3,800 euros per square meter, and in Tivat, especially in the areas adjacent to Porto Montenegro, from 3,500 to 5,500 euros. 

Among the factors contributing to the increase in real estate prices in Montenegro are:

1. High demand from foreign investors: Due to its loyal tax policy and attractive geographical location, Montenegro attracts buyers from Europe, Russia and the Middle East.
2. Limited supply on the market: The construction of new facilities does not keep pace with the growing demand, especially in coastal areas, which leads to a shortage of housing. 
3. Economic growth and prospects for EU accession: Montenegro's expected accession to the European Union makes the region more stable for long-term investments, which has a positive impact on the real estate market. 

Experts predict that in 2025, real estate prices in Montenegro will continue to rise. In the most sought-after regions, such as Budva and Tivat, the growth can reach 15%. This makes investments in Montenegrin real estate promising, especially in conditions of limited supply and stable demand. 

Thus, in 2025 Montenegro remains attractive to investors, offering stable growth in real estate prices and prospects for economic development.