3The Balkan Gem – Montenegro

Montenegro’s stunning Adriatic coast and rugged mountainous interior are becoming increasingly popular among tourists and property buyers alike. Despite this growing interest, property prices in Montenegro remain among the most competitive in Europe, especially when compared to its neighbor, Croatia. The Bay of Kotor, with its fjord-like scenery, offers particularly good value, with potential for both rental income and capital appreciation as Montenegro continues to develop its tourism infrastructure.