Budva tourist office reports a boom in the number of visitors
Prospective property investors in Montenegro could be heartened by the news that the popular resort of Budva is attracting ever-growing numbers of tourists, according to official statistics.
The Budva tourist office reported that there are approximately 11,800 guests staying in the city - representing a 13% rise on figures for the same period in 2006.
Visit-Montenegro.com said that some 8,569 tourists stayed in hotels, with around 3,200 staying in private accommodation, including rented holiday homes - some 1,600 more than was estimated for last year.
Furthermore, for the first 4 months of 2007, 29,089 tourists visited the Budva Riviera, meaning an 87% increase on the figure for 2006.
Recently, the Federation of Overseas Property Developers, Agents and Consultants said there has been "quite a movement" towards Montenegro as a property investment destination in recent years.
"Properties are cheap, now that they have got away from Serbia it's safe, and it's beautiful. I think it would be a good proposition," remarked spokesperson Arlette Adler.
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