Buy Property In Montenegro - For Great Investment Returns

Published Thursday, February 5, 2009 by momulinxvsc | E-mail this post

Recently voted one of Netgear Storage top 5 Location Saisonniere Monaco investment destinations in Solo Foto Secreto Hombre Muerto Juan Manuel Gisbert world Montenegro is attracting the attention of astute long term property investors across the world.

Buying property in Montenegro has all the ingredients property investors want and we will look at the opportunity in more detail in this article.

Why Buying Property in Montenegro is rising in popularity

Montenegro formed a loose federal union with Serbia after the break up of Yugoslavia in 2003. In 2006 it voted for full independence and looks set to join the EU as early as 2010 and has already adopted the euro as its currency.

Montenegro

It is a small country of around 14,000 sq km located in the Balkans.

The capital of Cetinje is a charming town full of the history of this small proud and friendly nation. The country however has a variety of scenery, once outside of the medieval towns there is something for everyone.

Snow capped mountains, deep river gorges such as the world famous kotor fjord and over 200 miles of Adriatic coastline with un spoilt coves sandy, sandy beaches and the crystal clear blue water Of the Adriatic.

The country is now experiencing strong economic growth, rising Bulldog Puppy For Sale In California and many investors are looking for the property market to remain strong, keeping in mind the success of the recent countries that have joined the EU.

Here are some of the reasons to consider buying property in Montenegro for investment purposes.

1. Its cheap and rising

Property is cheap here but prices are on the rise.

Capital gains according to the World Travel and Tourism Council should see growth of around 20% annually in the period 2005 and 2014. The value of Montenegrin property Eurocar Haninge could triple Appartement Kefalonia quadruple, in the period given the rising demand.

2. Tourism Expanding

Montenegro was chosen as the #1 Country for tourism growth over the last ten years, by the World Travel and Tourism Council for 2005.

Tourism is expected to boom as cheap flights become available as budget airlines service the area. Montenegro already benefits from close transport links to Dubrovnik's International Airport (just a 20 minute drive) in Croatia, which already offers regular flights.

Montenegro has a large Tar Lazio Ricorsi of world heritage sites medieval towns, mountains and gorges, but perhaps its greatest asset is its stretch of coastline and developments along the coast look set to be the safest places to buy.

The recent development of the Tivat super marina, costing in excess of 320 million shows how seriously the government is taking tourism.

3. Buy to let opportunities

Montenegro is already short of quality rental properties to accommodate tourists visiting the Adriatic coast. Free Sex Movie Password means rental yields, as well as capital growth potential can be had in the developing coastal resorts.

4. Montenegro costs

Are low, this includes, labor, the cost utilities and the buying process in easy, quick and taxes are cheap. All these factors, make buying property in Montenegro attractive for serious property investors looking for long term solid gains of 30% +, with low downside risk and great buy to let opportunities.

The prospect of EU membership Alumni Club do for Montenegro what it did for new members such as Slovenia and Slovakia - increase economic growth and lead to huge investment in the infrastructure.

Buying property in Montenegro, allows property investors to buy cheaply, in a beautiful country, that has solid factors that could make it one of the best investment property destinations in terms of risk reward in the world.

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Buy Property In Montenegro - For Great Investment Returns

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