Buying land lots / plots in Montenegro - an analysis

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  • Опубликовано: 4 окт 2024

Комментарии • 42

  • @TheWanderingInvestor
    @TheWanderingInvestor  8 месяцев назад +2

    🇲🇪 Full market analysis of real estate in Montenegro: thewanderinginvestor.com/international-real-estate/the-real-estate-investment-market-in-montenegro/
    🇲🇪 Get in touch with Peter: petersquaremeter@thewanderinginvestor.com and add your Whatsapp number if you use it.

  • @RFXZ67966
    @RFXZ67966 4 месяца назад +13

    500 000 seems very ambitious for a property a 20 minute drive from the beach. Do you have evidence of similar properties selling for that much?

  • @RJ-ry5qu
    @RJ-ry5qu 4 месяца назад +5

    Another great video on Montenegro. I loved my time when I visited a decade ago and stayed in Kotor. Greetings from New Zealand

  • @LucasMembert
    @LucasMembert 5 месяцев назад +5

    Thank you Lanislas for your analyzes and perspectives on the real estate markets in Montenegro in South America in which I have a particular interest. I am in Belgium in the Ardennes and I am putting my property up for sale in May to escape state predation and poor social and economic prospects. Your blog and all these resources outside the box are great value!

    • @TheWanderingInvestor
      @TheWanderingInvestor  5 месяцев назад

      Sorry to hear. The Ardennes are beautiful 😢. But thank you.

  • @mikevuk8973
    @mikevuk8973 4 месяца назад +7

    I got 300 acres in Montenegro 🇲🇪
    Can’t wait to build my house

    • @robvaneck5410
      @robvaneck5410 2 месяца назад +2

      Which website did you use?

    • @mikevuk8973
      @mikevuk8973 2 месяца назад

      @@robvaneck5410 no website I’m from Montenegro 🇲🇪 the property has been in my family over 400 years.

  • @seandavie3672
    @seandavie3672 4 месяца назад +2

    Awesome video, super informative and inspirational. I'll be visiting in Spring 2025, and certainly keeping an eye out for property. Montenegro has so much to offer. G'day from Australia.

  • @jgm3620
    @jgm3620 4 месяца назад

    Great video. It is always interesting to see good deals. Amazing landscape

  • @b4bmm
    @b4bmm 4 месяца назад +2

    Dont think he got the alternative lifestyle joke!! Great content

  • @maxf5868
    @maxf5868 4 месяца назад +3

    I believe that when an expact is handling the sale of real estate we are already too late for a good deal.

    • @investglobal0707
      @investglobal0707 4 месяца назад

      especially from brit😂thats no go area😂

  • @2Themasterblaster
    @2Themasterblaster Месяц назад

    wow great, seems Montenegro is a good investment land if I have 200 300 thousands I would invest immediately in Montenegro's coast. Well like you said if they became a part of Eu the price will grow up !

  • @Semiretirementanddowhatyoulove
    @Semiretirementanddowhatyoulove 3 месяца назад

    ❤ from BC Canada 🇨🇦

  • @dovygoodguy1296
    @dovygoodguy1296 Месяц назад +1

    Do any of these locations have amenities infrastructure or lack thereof affecting their value?

  • @Jacobmorales38
    @Jacobmorales38 4 месяца назад +1

    Great content

  • @erdemulubas
    @erdemulubas 3 месяца назад

    When he said building a villa on a river mouth I just got lost. Building on alluvium is the riskiest thing to do

  • @micomarinas2753
    @micomarinas2753 4 месяца назад

    I just wish they will bring back their cbi program.

  • @bogdank9714
    @bogdank9714 4 месяца назад +1

    The prices you mentioned for the plots, does that include water supply, septic tanks (or fees for connecting mains), electricity connections, fences, gates, optic fiber?
    The construction costs you mentioned, does that include furniture and appliances?

    • @TheWanderingInvestor
      @TheWanderingInvestor  4 месяца назад

      No, that would be extra. And since the video was made a few months ago construction costs have shot up. €1,400 per m2 or so.

  • @panama-canada
    @panama-canada 4 месяца назад +5

    Nobody wants to work in Montenegro. You can’t find contractors that will stay on the project from start to finish without scamming you or abandoning the project.

  • @petrobosch2405
    @petrobosch2405 3 месяца назад +1

    Are foreigners allowed to buy and own land in Montenegro? And can you buy a plot now and buid later?

  • @naukhezkhan8826
    @naukhezkhan8826 4 месяца назад

    Excellent work - I am doing a similar project in Antalya, Turkiye and the gross margins are approx 35%.
    Anything above 45-50% gross in amazing 🤩

    • @TheWanderingInvestor
      @TheWanderingInvestor  4 месяца назад +2

      They have gone down a bit in reality. Since this video was filmed, municipal taxes and construction costs went up. The numbers now are closer to 40%

    • @naukhezkhan8826
      @naukhezkhan8826 4 месяца назад

      @@TheWanderingInvestor hmm … still not bad. If EU picks up they might come back again to higher levels.

  • @wasjal
    @wasjal Месяц назад

    For the second house, why are the full 500 m2 buildable but not sellable, why only 85% of the 500 m2 are sellable? Why is it that in the first project buildable m2 equalled sellable m2? Are there no "common areas" in the first project?
    Thank you!

    • @TheWanderingInvestor
      @TheWanderingInvestor  Месяц назад

      @@wasjal first project is entire homes, second project is an appartment building

  • @wasjal
    @wasjal 2 месяца назад

    Is it common for builders in Montenegro to be able to sell off plan and have the buyer pay gradually as the building goes up? Is that feasible? Common?

  • @ronb4008
    @ronb4008 3 месяца назад

    What is the tax rate for rental income? In Canada it's crazy, at the highest personal tax rate because it's considered "passive" income.

  • @n4870s
    @n4870s 4 месяца назад

    What do you think about Bulgarian real estate? Did you research it?

    • @TheWanderingInvestor
      @TheWanderingInvestor  4 месяца назад

      It’s become way too expensive

    • @n4870s
      @n4870s 4 месяца назад

      @@TheWanderingInvestor what do you think will happen in Sofia? Interest rates in Bulgaria are still cheapest in the world 2-2.5% floating.

    • @TheWanderingInvestor
      @TheWanderingInvestor  4 месяца назад

      @@n4870s I don’t know, but what I can tell is that it’s not healthy. Which doesn’t mean it won’t go up.

  • @joelfaulk
    @joelfaulk 4 месяца назад

    Being non schengen is huge.

    • @bogdank9714
      @bogdank9714 4 месяца назад

      That may be a good and a bad thing, depending on how you look at it. Buying or building anything in nearby Croatia is a lot more expensive and it’s already more developed, so less investment opportunity.

  • @RFXZ67966
    @RFXZ67966 4 месяца назад +2

    20 minutes drive is a lot. It takes 1h to drive across the whole country

    • @bogdank9714
      @bogdank9714 4 месяца назад

      3 hours Herceg Novi to Ulcinj with no traffic. 20 minutes to the beach or a decent town is quite OK I’d say. Land would be a lot more expensive closer to points of interest and harder to find.