Montenegro 'property prices rising'
The property market in Montenegro remains in good health and is set for a boom, according to an economist.
Because the country is small, prices are set to rise, something that will continue as the country moves towards joining the European Union (EU), stated Predrag Drecun in the Sofia Echo.
Furthermore, a recent study by Colliers International stated that transactions in terms of property have increased by 400% in the last 2 years.
"As it moves towards the EU, prices will go sky high," said Mr Drecun, newsd that may be of interest to potential property investors.
Additionally, he predicted that the price of a m² of property near the sea in the country will reach about 7,000 euros (£4,687).
Moreover, the World Travel and Tourism Council has suggested that the country will show the fastest growth of any country in terms of tourism.
In related news, a new online portal - MontenegroPropertiesOnline - is to recommend the benefits of investing in the Montenegro.
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