Buying and renting property in Montenegro
 
Property Montengro

The geographical position of the country, a coastline of 200 km and a great variety of cultural, historical and natural treasures such as high mountains, deep valleys, glaciers, or a largely diverse flora and fauna, make Montenegro one of the most beautiful countries in the Mediterranean. Such diverseness on such a small territory makes Montenegro a unique country with four different climate types and with a number of geographical variations, giving to it, from the standpoint of tourism many comparative advantages.

The coast of Montenegro, which lies on the South Adriatic Sea, falls into the cleanest and warmest seas of the Mediterranean. In order to protect the exceptional nature and its values, the Parliament of Montenegro proclaimed Montenegro an Ecological State in 1991, making the country one of its kind.

The 293 km long coast offers many exceptional attractions such as a number of sandy beaches and coves, the specific blue-green color of the clear sea, olive plants, Mediterranean flora and fauna, the background with high mountains and the bay of Kotor - one of the most beautiful fiords on the Mediterranean.

Tourism is key to Montenegro. Today, huge efforts are being made concerning the promotion and development of the tourism sector. The Government marked tourism as one of the strategic industries in the country, and according to the Master Plan for tourism development, the country aims to become one of the most attractive destinations on the Mediterranean, somewhat like a 'new Majorca'.

Currently, the country receives over 4 million visitors per year – This is 40% of the tourist numbers enjoyed in the late 1980’s.

Country Facts:
The following page contains information that is dated 2009. Possible changes may apply but this information should act as a good general gauge of the country.

CountryState Federal States of Serbia & MontenegroMontenegro (State, area 21,506 km2)
Political system Multi-party parliamentary republic
Population 650,000
Currency Euro
Per capita GDP USD$2950 (EBRD, 2000/2001)
Capital Podgorica (pop. 118,000)
Language Serbo/Croat (English common for tourism/business)
Coast Adriatic Sea, 293km coastline (117 bays)
Climate Mediterranean (av. 14o - 30o C)
International Status Designated supported zone: EU, UK & USA
EU Membership Status Prospective member, expected 2006 - 2010
Ecological status Worlds first Ecological State
Property (estimated comparison Croatia = 130%, Bulgaria = 70%
Tourism (2002) 150,000 (growth est. 20%+ p.a.), pre Balkan war tourism = 500,
EU Status (+GDP contributors Tourism, agri/fish (oil/gas potential near Bar)
Coast Adriatic Sea, 293km coastline (117 bays)
Cost of living (comparatives) Est. 20% of EU average
Communications 2 international airports (seasonal) 10+ UK airports fly to region Rail access via West, Central & Eastern Europe Road access via Adriatic highway, links with major EU road networks (i.e. 2 or 3 days drive from UK) Established/maturing digital & broadband telecoms infrastructure
Cultural influences On the cusp of east/west divide throughout history. Religion mainly Orthodox Christian (63
Touristic Heritage The Coast is a time lock for the traditional 'Venetian' architecture, while lake/mountain districts retain the winter romance of 19th/20th century Austria.The 2nd largest canyon in the world (1st = Grand Canyon) and the largest in Europe, created by the river Tara, plus the only southern Fjord in Europe.Clean sea plus clean fresh water combined with clean air and diverse terrain.

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