How to buy a property in Budva, MontenegroAs the main investment axiom says, long-term investments are most profitable to make when the market is at the bottom. And the current season perfectly fits this criterion. According to the founders and managing directors of real estate agencies in Montenegro, who have been working in Montenegro for many years, it is expected that only a few more multi-storey and multi-apartment buildings will appear in Budva.
Apartment prices in Budva attract a large number of far-sighted real estate buyers, since the supply of apartments in the primary real estate market of Budva will not expand much in the coming years. Being the tourist capital of Montenegro and the owner of the largest number of rooms on the coast, Budva traditionally attracts the maximum number of tourists, in this regard, the demand for short-term rent, as well as for purchase, will always be high here. This investment option may suit a medium-sized client. The yield will never be record high, but, with proper management of real estate, it will bring stable dividends from 5-15% per annum.