The New Favorite of Turkish Investors: Owning Property in Montenegro!

Montenegro, the rising star of the Balkans, has been rapidly attracting the attention of Turkish investors in recent years. As one of Europe’s youngest countries, it stands out with its attractive real estate prices and the opportunity to obtain residency through investment. In 2024, property sales to foreigners in Montenegro increased by 18%, with Turkish buyers ranking among the top two nationalities. Over the past three years, real estate investments made by Turkish citizens in the country have risen by nearly 70%.

Coastal cities along the Adriatic — particularly Kotor, Budva, and Tivat — are emerging as ideal locations for both holiday homes and long-term investments. As a candidate for European Union membership, Montenegro offers investors major advantages such as low tax rates, a simple bureaucracy, and proximity to the Schengen zone.

Average property prices per square meter are still well below the European average, and when compared with Turkey’s soaring housing costs, Montenegro presents a significant opportunity for Turkish investors. Moreover, the ability to obtain residency through property ownership further increases interest among Turks. Experts predict that within the next five years, the number of Turkish property owners in Montenegro will double.

Montenegro is quickly becoming a new route for investment — a safe haven and an opportunity for a second life for those dreaming of a peaceful yet profitable future abroad.