Tuesday, November 30, 2010

The Real Estate Property Market in Montenegro

In the past several years Montenegro has transformed itself from a must-see destination for estate insiders who knew a thing or two about Montenegro’s beaches and result culture, to become one of Europe’s hottest real estate markets. The explanation?

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In June of 2006 Montenegro gained its official status as a new and independent country. This provided an attractive, lower-cost alternative to neighboring Mediterranean countries where affordable second homes with a sea view are hard to find. Not so in Montenegro! Many celebrities such as Michael Douglas and Catherine Zeta-Jones showed an interest in owning a property in Montenegro, and recently the Williams sisters of tennis fame have investigated several major real estate endeavors in this beautiful and brand-new country.

Read More: The Real Estate Property Market in Montenegro

Source:
Real Estate Montenegro

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