Montenegro topped the rating of the countries with the fastest growing housing prices, compiled by the Global Property Guide.
Real estate
In Montenegro, 9955 people or 1,59% of the population own the cryptocurrency, in Ukraine - 12,73% of the population, in Russia - 11,91%, in Belarus - 3,73%.
In the first six months of 2021, 99 building permits were issued in Montenegro, which is the lowest volume in the last ten years.
The average price per square meter of a new building in Montenegro in the second quarter of 2021 was 1 euros, according to the statistical office Monstat.
Apartment prices in Montenegro, despite the economic crisis, have increased by 10-30%. There are several reasons for this.
These days, there is a great interest of citizens of Serbia, Germany, Switzerland and Ukraine in real estate prices at sea.
The cost of new construction in the first quarter of 2021 increased by 29,7% compared to the first quarter of 2020.
Preparatory work has been completed for a new mixed-use complex in Porto Montenegro called Boka Place.
The most expensive living space is located on the coast and its average price is 1414 euros, while in Podgorica it is 1100 euros.
According to the government, the municipalities of Montenegro received a total of 1,63 million euros in payments for illegal objects.