North of Montenegro: Development and investment prospects
The north of Montenegro is rapidly developing, becoming one of the most attractive destinations for real estate investment. Long overshadowed by popular southern resorts, the region is now attracting more attention thanks to its affordable prices, natural beauty and significant infrastructure investment. If you are looking for investment opportunities, the north of Montenegro is the place to look.
Affordable prices and growth potential
Real estate in the north of Montenegro is still cheaper than on the coast. The average cost of apartments ranges from 900 to 1,200 euros per square meter, while on the coast prices can reach 3,500 euros per square meter. House prices start from 150,000 euros, making the region particularly attractive to investors looking for a great deal.
Zabljak: Tourism boom and rising prices
Zabljak is the pearl of northern Montenegro and the main ski resort of the country. More than 200,000 tourists visited the area in 2024, an increase of 15% compared to the previous year. This has led to an increase in demand for rental and purchase of real estate, which, in turn, contributes to higher prices. Now the cost per square meter in Zabljak ranges from 1,000 to 1,500 euros, and many expats buy summer cottages here.
Kolasin: Development of infrastructure and hotel business
Kolasin is actively attracting the attention of developers and investors. Large hotel complexes are being built in the city, such as Swisshotel Resort Kolasin, Pullman Kolasin Bfreza , Crowne Plaza Kolasin, which stimulates the development of the region. Property prices here range from 71,000 euros for small studios to 562,000 euros for spacious houses. Kolasin is becoming increasingly popular due to the development of infrastructure and the growth of tourist flows.
Reconstruction of the airport in Beran
The airport in Beran is a key project to improve the infrastructure of the northern region. An investment of €75 million will be used to create an innovative, self-sufficient airport. This project will not only create hundreds of new jobs, but will also improve accessibility to the region, which will further increase property prices and increase tourism.
Prospects for the Prokletiye region
Situated on the borders with Albania and Kosovo, Prokletije is known for its stunning natural landscapes and outdoor activities. This region is increasingly attracting the attention of ecotourism lovers and investors interested in the development of tourist complexes and eco-hotels. Improved transport accessibility thanks to the restoration of the airport in Beran will make Prokletiye even more attractive to tourists and investors.
Plužine: An underrated region with great prospects
Plužine, located in the mountains on the border with Bosnia and Herzegovina, remains an underrated region of Montenegro. The area is known for its picturesque views of Lake Piva and its proximity to the Durmitor National Park. Pluzine offers opportunities for acquiring land and building real estate at relatively low prices, making it a promising destination for long-term investment. Infrastructure development and growing interest in ecotourism could make Pluzine the next hot destination on Montenegro's investment map.
The north of Montenegro offers unique opportunities for investors due to the active development of infrastructure, growing tourist interest and relatively low real estate prices. The reconstruction of the airport in Beran, the growing popularity of the resorts Zabljak and Kolasin, the development prospects of the Prokletije region and the potential of Pluzine make this region one of the most promising areas for investment in Montenegro.