Does anyone have any experience investing in Montenegro (SE Europe)?


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  • We have a friend who has a beautiful piece of property right on the bay in the country of Montenegro and she needs to sell. The main house has 3 bedrooms and 2 baths on the second floor, main living and kitchen on the first floor, and a large 1 bed/1 bath penthouse suite on the 3rd floor. There are also 2 guest cottages, a building for entertaining and a 2 car garage (parking is a premium luxury in this area). The whole property is worth about 2.5 Euro which translates to roughly $2.8 million US dollars. She lives here in the states now and is looking for ways to sell to an international market. I would like to help her find ways to market it. Does anyone have any experience selling in this part of the world?

    A good way to reach international buyers is to advertise at

    http://www.mondinion.com/

    Chinese are buying everywhere, you can reach those buyers at

    https://list.juwai.com/

    It’s a buyers market there. Hopefully, she is MUCH more realistic about her price if she wants to sell fast.

    .
    I don’t know what’s legal in Montenegro, but here’s an example of an unusual house selling method in Canada, for a $1.7 million place:

    https://www.huffingtonpost.ca/2019/01/21/millarville-home-essay-contest_a_23648707/

    –Dee

    Thank you Jackie and Dee, I will suggest she speak with her attorney there and find out about the essay contest idea.

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