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Real Estate Market Overview
The real estate market in Žabljak is still relatively small, but it is growing at a steady pace. Various properties are currently available, from small apartments to large villas. Prices for property in Zabljak are generally lower than in other popular tourist destinations in Montenegro, making it an affordable option for those looking to invest in the market.
Most properties currently available in Žabljak are apartments, with prices ranging from around €30,000 to €70,000. However, several larger villas and houses are also available, with prices ranging from around €80,000 to €200,000.
With the growing tourism industry in Žabljak, several investment opportunities are available for those looking to invest in the real estate market. One popular option is to purchase a property and rent it out as a vacation rental. With the town's growing popularity as a tourist destination, this can be profitable.
Another option is to purchase and renovate a property, either to use it as a primary residence or sell it at a higher price. With property prices in Žabljak still relatively low, there is the potential for significant returns on investment.
Do you want to buy property in Zabljak?
Žabljak is an up-and-coming destination for real estate investors, offering a growing market with plenty of investment opportunities. Its stunning natural beauty, growing tourism industry, and relatively low property prices make it an attractive option for those looking for a profitable and peaceful lifestyle. Whether you're looking for a holiday home, a permanent residence, or an investment opportunity, Zabljak is worth considering.
Frequently asked questions FAQ about living in Zabljak
- What is the climate like in Žabljak?
Zabljak experiences a continental climate with cold winters and mild summers. Expect snowy winters and pleasant temperatures during the summer months.
- How is the cost of living in Žabljak compared to other cities in Montenegro?
The cost of living in Zabljak is generally lower than in larger cities like Podgorica or Budva. Housing and everyday expenses are relatively affordable.
- Are there good healthcare facilities available in Žabljak?
Yes, Zabljak has a medical center and healthcare facilities to cater to residents' needs. For specialized treatments, larger medical centers can be found in nearby cities.
- What are the popular outdoor activities available in Zabljak?
Zabljak is a paradise for outdoor enthusiasts. Residents can enjoy hiking, skiing, snowboarding, mountain biking, and exploring the beautiful Durmitor National Park.
- Are there schools and educational options for families in Žabljak?
Yes, it has a primary school, and for higher education, students often commute to nearby cities like Niksic or Podgorica.
- How is the internet connectivity in Zabljak?
The internet infrastructure is continually improving, and residents can access reliable internet services, especially in the town center. Home buyers can plug cable or optical Internet into a house or apartment. The entire territory of Zabljak has good mobile 4g coverage.
- What are the employment opportunities?
Zabljak's economy is mainly based on tourism and agriculture. Job opportunities can be found in the hospitality industry, outdoor activity centers, and local businesses.
- Is Zabljak a safe place to live?
it is generally considered safe. However, like in any small town, exercising common sense and taking necessary precautions is essential.
- How accessible is Žabljak by public transportation?
Zabljak is accessible by bus from major cities like Podgorica and Niksic. However, the public transportation network may not be as extensive as in urban centers.
- What are the best areas to live in Zabljak?
The town center and surrounding neighborhoods are popular choices for living in Zabljak due to their proximity to amenities and attractions.
- Are there supermarkets and shopping options in Žabljak?
Zabljak has supermarkets, local shops, and markets where residents can find groceries and daily essentials.
- Is Žabljak suitable for retirees looking for a peaceful environment?
Zabljak's tranquil setting, clean air, and beautiful nature make it an attractive destination for retirees seeking a peaceful place to live.
- How far is Žabljak from the nearest airport?
Zabljak is approximately 132 kilometers from Podgorica Airport and 170 kilometers from Tivat Airport.
- What recreational facilities are available in Zabljak?
Žabljak offers various sports facilities, including a sports hall, tennis courts, and football fields.
- How is the local community in Zabljak?
The local community in Žabljak is known for its warm and friendly nature. Residents often engage in community events and festivities.
- What are the visa requirements for foreigners looking to live in Zabljak?
Non-EU citizens may need to obtain a visa or residence permit for extended stays in Montenegro. It's essential to check with the local authorities for specific requirements.
- How accessible are medical services in emergencies?
Zabljak has a medical center that can handle basic medical emergencies. For more critical cases, larger medical facilities are available in nearby cities.
- Are there any English-speaking communities or expat groups in Zabljak?
While not as prevalent as in larger cities, some expats and English-speaking individuals can be found in Žabljak, especially among those in the tourism industry.
- What are the typical housing options available in Zabljak?
Housing options in Žabljak range from traditional mountain homes to modern apartments and holiday villas.
- Are there any cultural events or festivals celebrated in Zabljak?
Žabljak hosts various cultural events and festivals annually, celebrating local traditions and attracting visitors from around Montenegro and beyond.